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ESG Brief: Cybersecurity Vendor Consolidation Efforts, August 2020

Too many large organizations still anchor security to an army of disconnected point tools and rely on the cybersecurity staff to piece everything together. This strategy is ineffective, inefficient, and increases cyber-risk. CISOs have had enough as many are actively integrating cybersecurity technologies and consolidating the number of vendors with whom they do business. As this trend progresses, large organizations will buy a lot more of their cybersecurity technologies from a handful of vendors, which will tilt the market toward an emerging breed of enterprise-class cybersecurity vendors offering the right products, services, and partner ecosystems.