23. Jul 2024 | Awards, Corporate News

CANCOM again recognized as leading provider in the ISG Provider Lens™ Study – Cybersecurity 2024

In the ISG Provider Lens™ study “Cybersecurity – Solutions and Services 2024” CANCOM is recognized as a leading provider in Germany.

CANCOM leads the market environment in the three key areas “Technical Security Services”, “Managed Security Services – SOC” and “Managed Security Services – SOC Midmarket”.

Growing demand for services: The skills shortage is increasingly driving companies to use external cybersecurity services.

CANCOM was once again recognized as one of the market leaders in the current ISG Provider Lens™ study “Cybersecurity – Solutions and Services 2024”. The study, which analyzes the attractiveness of portfolios and the competitive strength of providers in the cybersecurity sector, positions CANCOM as a leader in several categories, as in previous years.

The ISG Provider Lens™ study particularly highlights CANCOM’s performance in the areas of “Technical Security Services”, “Managed Security Services – SOC” (Security Operations Center) and “Managed Security Services – SOC Midmarket”. This assessment confirms CANCOM’s innovative strength and strong market position in these key areas of cybersecurity. “The recognition as a leader in the ISG Provider Lens™ study is a confirmation of our strategy and our commitment to offer our customers the best possible cybersecurity solutions and services,” says Alexander Ernst, Director Competence Center – Network & Security CANCOM.

Outstanding performance in Technical Security and Managed Security Services

Technical Security Services: CANCOM impresses with a comprehensive service portfolio that helps companies keep their IT security infrastructures up to date and secure them against increasingly sophisticated cyberattacks. With a holistic approach from planning and implementation to managed security services, CANCOM serves the entire range of specific customer needs, including demanding KRITIS industries. Another key factor for the high ranking in this category is the integration of state-of-the-art technologies.

Managed Security Services – SOC: In this category, CANCOM is characterized by a growing and comprehensive portfolio. The offered Managed Security Services cover numerous technologies and are based on a comprehensive roadmap that is continuously being developed. Particularly noteworthy are the SOC services made in Germany, which are provided from an own SOC in Germany and supplemented by the use of advanced automation and artificial intelligence.

Managed Security Services – SOC Midmarket: CANCOM also scored well in this category. CANCOM is strengthening its leading position in this important customer segment with dedicated SOC services that are specially tailored to the needs of medium-sized companies. The comprehensive and constantly growing portfolio ensures that medium-sized companies are protected and supported in the best possible way.

Demand for external cybersecurity services is growing

The report emphasizes that the shortage of cybersecurity specialists continues to drive demand for external services. Companies are increasingly reliant on external service providers to manage their security infrastructures and defend against the growing threat landscape. This is also confirmed by the latest Cyber Security Report from CANCOM.

You can download the full report here.

About the ISG Leader Award

The ISG Provider Lens™ quadrants are created based on an evaluation matrix and contain four fields into which providers are categorized: Leader, Product & Market Challenger and Contender. Providers classified as Leaders have a highly attractive product and service offering as well as a strong market and competitive position and therefore meet all the requirements for successful market development. They can be regarded as strategic pacesetters and opinion leaders. They also guarantee innovative strength and stability.

About CANCOM

As a leading Digital Business Provider, CANCOM leads companies, organizations and the public sector into the digital future. The range of services and solutions includes classic system house IT solutions as well as data-based digital solutions, managed services and cloud services. We accompany the digital evolution of our customers with passion and technology and support them in reducing the complexity of their IT and developing new business models. We offer a holistic portfolio for all IT and business requirements.

The CANCOM Group’s offering comprises innovative solutions in the areas of Artificial Intelligence, Security & Network, Datacenter & Cloud, IoT Solutions and Modern Workplace and includes services for the entire IT lifecycle – from the provision of IT infrastructures, planning and integration, to support, managed services and XaaS. Customers benefit from the extensive expertise with which their diverse requirements are translated into concrete industry-specific IT solutions to significantly promote their business success.

The more than 5,600 employees of the internationally active CANCOM Group with around 80 locations in the DACH region, Belgium, Slovakia, Romania and the Czech Republic as well as an efficient partner network ensure market presence and customer proximity. The CANCOM Group is managed by Rüdiger Rath (CEO), Jochen Borenich (CSO) and Thomas Stark (CFO). The company is headquartered in Munich. CANCOM generated annual revenue of around 1.5 billion euros in 2023. The Group parent company CANCOM SE is listed on the Frankfurt Stock Exchange in the TecDAX and SDAX (ISIN DE0005419105).