Nuspire Positioned in Gartner Magic Quadrant for MSSPs, North America

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Leading Analyst Report for Security Services Industry Includes Nuspire’s NuSecure Managed Security Service

Detroit, MI – April 1, 2013 
Nuspire Networks, a leading provider of managed security service (MSS) solutions, has been positioned by Gartner, Inc. in the Magic Quadrant for MSSPs, North America, for the third year in a row.

Gartner MSSPs“This Magic Quadrant provides MSS buyers with Gartner’s advice on selecting MSSPs that meet security and compliance monitoring requirements.” Gartner defines "MSS" as "the remote management or monitoring of IT security functions delivered via remote SOCs, not through personnel on-site.” Gartner expects strong growth for MSSs in North America to continue. In 2011, MSSPs realized North American revenue of $2.7 billion,, up from $2.3 billion in 2010. The report predicts MSS revenue will have grown to $3.0 billion in 2012.

“Nuspire has over a decade of tenure in the MSS space and has helped define the business model of the pure managed security service provider,” said Nuspire president Saylor X. Frase. “Nuspire maintains constant R&D efforts to develop technologies and services with a singular focus on creating a MSS product that maximizes the value to be captured when an enterprise customer makes the move to a managed security solution. We believe our inclusion in the Magic Quadrant reaffirms our position in the MSSP space and confirms the work of the highly skilled R&D and security teams at Nuspire.”

One growth driver for enterprise demand for MSS is small and midsize businesses using external service providers for security. The report states, "Smaller businesses are more acutely affected by formal regulatory requirements and secondary requirements from business partners. Smaller businesses typically have fewer internal security resources and are often unable to add to them as requirements evolve. Enterprises that optimize their use of MSSPs can free up internal staff time to respond to more-business-critical security functions if they select MSSP services that can support and complement internal security operations."

Nuspire has had tremendous success in delivering solutions to enterprise clients with a multitude of locations, such as corporations with branch offices or retail locations. Gartner's analysis of the SMB market has helped Nuspire take that proven model and apply it in creating a unique channel strategy to reach SMB customers. Nuspire created a turnkey product for VARs that allows them to deliver best-in-class MSSP services without any upfront investment and an immediate ROI.

The Gartner report also lists "evolving compliance reporting requirements" as one of five key growth factors in MSSs in North America. "Compliance reporting requirements is a contributing driver in almost every MSS engagement." Nuspire has recognized that merchants working with PCI regulations are playing a challenging game of leap frog. A good example of Nuspire staying ahead of the curve is the development of its Rogue Access Point Scanning technologies. A current requirement of PCI compliance is the need to perform regular Rogue Wireless scans. Most merchants would perform this task with a rudimentary walk around the store looking for wireless devices. This approach may satisfy the requirement but it doesn't address the issue from a constant security posture.

In response to the growing threat of rogue access points, Nuspire developed the NuSecure Rogue Wireless Detection Services (WDS). The NuSecure WDS was designed to help customers scan for rogue wireless on a continual real-time basis. The real leap here though is this solution is delivered 'As a Service', bringing not only the technology to bear but also the skilled engineers to respond. The WDS device sends data to the Nuspire Security Operations Center for analysis; where security analysts determine if the wireless devices are part of the known network and then work with on-site resources to take appropriate action. This is just one example of how Nuspire is continuing to maintain a state-of-the-science posture with its security products.

About the Magic Quadrant
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1Gartner “Magic Quadrant for MSSPs, North America” by Kelly M. Kavanagh, 15 November 2012.