Logpoint named niche player in 2024 Gartner Magic Quadrant for SIEM

Logpoint has been named a Niche Player in the 2024 Magic Quadrant for Security Information and Event Management (SIEM) by Gartner. This recognition marks the sixth consecutive year that Logpoint has been featured in the Magic Quadrant for SIEM since its inception in 2018.

Logpoint's SIEM solution comes integrated with native Security Orchestration, Automation & Response (SOAR), offering capabilities in threat detection, investigation, and response (TDIR) as well as compliance use cases. These features aim to bolster cybersecurity and reduce cyber risk for organisations, either directly or through Managed Security Service Providers (MSSPs). The solution is particularly targeted at the mid-market, facilitated by a predictable pricing model.

Sean Muirhead, Logpoint's Chief Product Officer, expressed his pride at Gartner's continuous recognition. "We're incredibly honoured to be recognised in the Gartner Magic Quadrant once again. We believe this latest recognition is a testament to our continued efforts to provide industry-leading SIEM with automation capabilities and a great user experience to the mid-market at predictable pricing," Muirhead said. He also highlighted the company’s pride in being acknowledged as a European entity on the trajectory to becoming a European cybersecurity powerhouse.

Logpoint's node-based pricing model is designed to ensure transparent and predictable costs, a significant advantage for organisations and MSSPs aiming to combat cyber threats and minimise associated risks. This approach aligns with Logpoint’s mission to democratise threat detection and incident response for the mid-market.

The Gartner Magic Quadrant is known for providing a comprehensive overview of the market positions of various competitors in a specific field. Through a combination of graphical treatment and uniform evaluation criteria, it helps technology users quickly understand how well providers are executing their strategies and how they perform against Gartner's market outlook.

Gartner's inclusion of Logpoint as a Niche Player in the SIEM category reiterates the company's role in providing effective cybersecurity measures tailored to the needs of mid-market organisations. The recognition by an independent industry analyst firm like Gartner can further solidify Logpoint's reputation and drive its mission to become a leading player in the European cybersecurity landscape.