May 22, 2024 at 03:50PM
Snowflake and Anvilogic have deepened their partnership with a joint offering targeting business customers using Snowflake’s data storage and analytics software. The companies claim their solution would reduce costs by 50-80% and replace legacy SIEM platforms. The partnership reflects the growing importance of effective data management in cybersecurity. However, challenges remain in managing multiple vendors for different security analytics elements.
Based on the meeting notes, the deepened partnership between Snowflake and Anvilogic aims to revolutionize the security information and event management (SIEM) market. The joint offering is designed to bring significant cost reductions, possibly in the range of 50% to 80%, and replace legacy SIEM platforms for business customers utilizing Snowflake’s software-as-a-service for data storage and analytics. The partnership seeks to address the growing need for better data governance practices and enable companies to harness the potential of the immense volume of data available through logs.
The collaboration between Snowflake and Anvilogic holds promise in providing benefits for organizations already leveraging the Snowflake data platform. It could prove to be an appealing solution for companies committed to the data platform, as it supports their data consolidation efforts and enables better data governance practices. However, managing multiple vendors for different aspects of what would typically be a single security analytics platform could pose a challenge for practitioners.
Both Snowflake and Anvilogic anticipate a shift away from monolithic SIEM products, emphasizing the need for businesses to effectively manage their data and tailor it to specific use cases. They aim to facilitate a gradual transition to a data-centric architecture, allowing companies to move away from legacy SIEM systems.
The partnership’s native cloud operations also provide an advantage over traditional SIEM systems, which have had to adapt to cloud-based operations after initially originating as appliances or as applications run inside data centers. The evolving landscape of the traditional SIEM market continues to impact major players, who are focusing on integrating with third parties and existing relationships while dealing with the challenges associated with leveraging a data platform like Snowflake.
In conclusion, the collaboration between Snowflake and Anvilogic seeks to address the evolving needs of businesses when it comes to cybersecurity and data management, potentially redefining the landscape of the SIEM market.