CrowdStrike SIEM Demand Rises Amid Cisco-Splunk, Legacy Woes
Pervasive discontent with legacy SIEM offerings and Cisco’s proposed acquisition of Splunk has driven “a significant and pronounced increase in interest” in CrowdStrike’s SIEM offering. The Austin, Texas-based cybersecurity titan’s SIEM tool hit the $100 million annual recurring revenue milestone in the most recent quarter thanks to LogScale’s search speed, data gravity and cost efficiency,…