The $90 million SEM market could also could witness as much as 50 percent market consolidation in 2004.
The report, “Security Event Management Systems Defend Against Information and Regulatory Overload,” said that as security becomes a greater concern for network administrators, SEM systems that enable them to identify, manage and respond to virus and hacker threats are becoming more prevalent.
The $90 million SEM market also could witness as much as 50 percent market consolidation in 2004, said report author Phebe Waterfield. “Integrating a systems management solution with risk management has the potential to revolutionize the way enterprises manage security risks,” Waterfield added.
SEM systems burst onto the scene in the late 1990s, when security vendors created them to help network administrators cope with information overload generated by security devices.
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