Leading market players are investing hugely in research and development in order to spread their product lines, which will help the Threat Intelligence Management market grow even more. Market players are also undertaking a variety of strategic activities to spread their global footprint, with important market developments inclusive new product launches, mergers and acquisitions, higher investments, contractual agreements, and collaboration with other organizations. To spread and survive in a more competitive and rising market climate, the Threat Intelligence Management industry must offer cost-effective items.
Manufacturing locally to reduce the operational costs is one of the key business tactics utilized by manufacturers in the global Threat Intelligence Management industry in order to benefit clients and increase the market sector. In recent years, the Threat Intelligence Management industry has offered some of the major significant advantages to data security.
Major players in the Threat Intelligence Management market, including IBM Corporation, Cisco System Inc., Microsoft, BlackBerry Limited, Check Point Software Technologies, Huawei Technologies, Anomali Inc, AO Kaspersky Lab, CrowdStrike Inc., Fortinet Inc., Vmware Inc., and others, are trying to increase market demand by investing in the research and development operations.
IBM Corporation, founded in the year 1911, and headquartered in Armonk, New York, is a multinational technology company. The company is known for its software and hardware products, inclusive of servers, computers, networking equipment, and storage systems. The company also offers technology, consulting and business services like cloud computing, artificial intelligence, and data analytics. The R&D efforts of the company have helped various technological innovations. In October 2017, IBM Security launched a few innovative capabilities for the protection of CloudPak, pushing customers to respond, detect, and safeguard from the threats related to data security.
The security operation that is carried out manages the whole lifecycle from the single threat source. The acquisition of the company with ABB discovered monitoring services offering security to threat industrial operators.
Cisco Systems Inc, headquartered in San Jose, California, is an American-based multinational digital communications technology conglomerate corporation. The company develops, produces and markets networking hardware, telecommunication and software equipment and other high-technology services and products. The company specializes in specific tech makers like IoT, domain security, and energy management with leading products inclusive of OpenDNS, Webex, Jabber, Jasper, and Duo security. In April 2017, the company partnered with Google to develop an integrated SD-WAN which provides its clients with several workloads.
This acquisition makes it better accessible for the consumers in order to carry out GCP on the network services of Cisco.