One recent analysis projects that companies will spend more than $58 billion on managed security services by 2024, reflecting more than a 14% annual growth rate. The cybersecurity skills shortage, coupled with increasing levels of specialization required to manage a growing security infrastructure, means that the use of managed security service providers (MSSPs) is increasingly attractive to companies of all sizes.
For MSSPs services, this trend represents an unprecedented opportunity for recruiting new clients and increasing their footprint at existing ones. But it also presents a vexing challenge. To take advantage of this growing market need, MSSPs must deliver the right mix of managed security services cost-effectively and in ways that align with the business needs and priorities of their target customers.
Fortinet MSSP partners reduce risk and minimize the impact of cyberattacks by providing managed security and monitoring technologies to protect enterprise data, infrastructure, and users regardless of who, where, when, and how IT assets are accessed. Fortinet MSSPs extend the security operations of the enterprise by bridging people, skills, process, and technology.
As a security service provider, Fortinet offers a broad portfolio of integrated and automated security tools that cover network security, cloud security, application security, access security, and network operations center (NOC) and security operations center (SOC) functions. The ability to bridge security and networking on the same platform is a big advantage for MSSPs, enabling them to offer a broad, single-provider solution and increasing average revenue per user (ARPU)