Total Economic Impact Study Calculates Cost Savings for Enterprises Using Security-as-a-Service Solution
Study Finds Organizations Can Avoid $1.36 Million in Costs with Alert Logic over In-House Alternatives
HOUSTON, TX – March 17, 2015 – Alert Logic, the leading provider of MDR services for the cloud, today announced the findings of a commissioned Total Economic Impact (TEI) study conducted by global analyst firm Forrester Consulting on behalf of Alert Logic. Based on in-depth interviews with Alert Logic customers and their own analysis, Forrester determined that a representative composite customer could avoid $1.36 million in costs over a three-year period by deploying Alert Logic’s security solutions over in-house alternatives. It was also determined that the customer could reduce the number of systems potentially affected by security issues by 80 percent, thereby avoiding the associated downtime for affected employees.
For the study, Forrester interviewed four Alert Logic customers with diverse IT infrastructures and security and compliance requirements. Forrester then created a composite customer based on the characteristics of the interviewed customers. As stated in the study, “From the information provided in the interviews, Forrester has constructed a Total Economic Impact™ (TEI) framework for those organizations considering implementing Alert Logic solutions. The objective of the framework is to identify the cost, benefit, flexibility and risk factors that affect the investment decision.”
In the study, it was determined that a representative composite organization with two data centers and 10 locations around the world would avoid labor costs associated with threat research, security monitoring, log management and web application firewall management of $632,282 by deploying Alert Logic’s security solutions. Additionally, the infrastructure capital and maintenance expense avoided for an equivalent insourced solution would be $548,544 and downtime expense avoided for end users from improved response to threats and attacks would total $183,185.
“All too often, organizations make investments in security and compliance solutions without a clear understanding of the on-going expense and savings associated with their investments,” said Dave Colesante, Chief Technology Officer for Alert Logic. “We decided to commission this study from Forrester to help organizations better understand those expenses and the savings they could achieve with our solutions. We believe the results of the study provide clear, unbiased findings that can help organizations choose the security solutions that enable them to focus on their core business in the most cost effective way, knowing that their data and their customers’ data is secure.”
Alert Logic offers Security-as-a-Service in the cloud – a platform of fully managed products and services designed to keep a customer’s data and infrastructure safe and compliant. The complete suite of Alert Logic solutions provides a unique set of benefits to the customer, including:
- Deep insight into security via Alert Logic’s big-data analytics and correlation engine, global threat visibility and security research focused on emerging threats and security best practices.
- Continuous protection across the application stack via a 24×7 Security Operations Center that analyzes, escalates and works with customers to remediate threats with actionable intelligence.
- Lower costs via a Cloud-based delivery model – no hardware or software for the customer to manage and a flexible pay-as-you-go licensing model.
The full Forrester Consulting TEI study on Alert Logic’s suite of security solutions and related infographic can be found here.