Securing the enterprise network is big business, with Intrusion Prevention Solutions (IPS) alone estimated to rake in more than $1 billion by 2014. But there’s good reason that the market is growing: The dangers facing enterprise IT organizations are growing as well.
Not surprisingly, CIOs are putting some pretty high demands on IPS vendors — like market leader Cisco and rivals IBM and HP TippingPoint — as a result. Consequently, the notion of what actually constitutes an IPS solution is evolving, with vendors building in closer ties into other networking and security systems as well as smarter defenses overall.
CIO Update takes a look at the current state of the art and where it’s heading.
Intrusion Prevention Systems (IPS) has emerged as a highly competitive market, with a number of vendors jockeying for a larger slice of growing enterprise spending. Meanwhile, CIOs are looking to better secure their networks and their users as risks proliferate — and are counting on the vendors to deliver solutions that keep them ahead of the threats.
According to a new report from Infonetics Research, the IPS market generated $800 million in 2009 and is expected to hit $1.2 billion by 2014. Currently, Infonetics ranks networking giant Cisco (NASDAQ: CSCO) as the leader in the market, though it’s a position that is being challenged by big-name rivals including IBM (NYSE: IBM) and HP’s (NYSE: HPQ) TippingPoint division as all three map out new ways to meet enterprise IT’s needs.