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As Palo Alto Networks Absorbs IBM QRadar, Traditional SIEM Is Fading: Analysis

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Despite being one of the top SIEM tools for years, IBM QRadar is ‘basically surrendering—in the transition to the cloud—to another vendor,’ a Forrester analyst tells me. The deal was announced the same day as another surprise move in the market, in a sign of the fading fortunes of traditional SIEM vendors. Share Share Tweet Email Share If last week’s pair of surprise M&A announcements is any indication, the fortunes of traditional SIEM vendors are fading fast. In the bigger of the two deals, Palo Alto Networks is planning to acquire IBM’s QRadar SaaS business for $500 million. It’s a stark illustration of the decline of traditional SIEM (security information and event management), given that the deal is mainly targeted at migrating customers to the cybersecurity vendor’s rival cloud-native tool for security operations — as CEO Nikesh Arora acknowledged during a call with analysts Monday. [Related: Palo Alto Networks To ‘Change How Cybersecurity Is Done’ With AI Launch: CPO Lee Kla

As Palo Alto Networks Absorbs IBM QRadar, Traditional SIEM Is Fading: Analysis As Palo Alto Networks Absorbs IBM QRadar, Traditional SIEM Is Fading: Analysis Despite being one of the top SIEM tools for years, IBM QRadar is ‘basically surrendering—in the transition to the cloud—to another vendor,’ a Forrester analyst tells me. The deal was announced the same day as another surprise move in the market, in a sign of the fading fortunes of traditional SIEM vendors. If last week’s pair of surprise M&A announcements is any indication, the fortunes of traditional SIEM vendors are fading fast. In

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