In today’s digital landscape, organizations are investing heavily in advanced cybersecurity tools to safeguard their networks and data. Yet, many fail to fully leverage these investments. According to Gartner’s Market Guide for Co-Managed Security Monitoring Services, only 20–30% of organizations utilize their existing security tools effectively. Compounding the issue, a 2024 Insider Threat Report by Cybersecurity Insiders reveals that only 21% of organizations have fully functional threat programs in place.
These figures highlight a critical challenge: businesses are spending millions on advanced security solutions but falling short of achieving their expected return on investment (ROI). Let’s explore the root causes of this issue and how businesses can turn underutilized tools into strategic advantages.
The Challenge: Why Security Tools Are Underutilized
Despite continuous advancements in security technology, underutilization remains a significant problem. Many companies struggle with:
- Complexity of Tools: Modern security platforms are feature-rich but often require skilled professionals to configure and manage them effectively.
- Lack of Skilled Resources: The global shortage of cybersecurity professionals leaves many organizations without the expertise needed to optimize their tools.
- Focus on New Solutions: Organizations frequently adopt the latest technologies, such as AI and machine learning, without addressing inefficiencies in their current systems.
Instead of solving the problem, introducing new technologies can add to the complexity. The real challenge lies in optimizing and managing existing tools, not replacing them prematurely.
2024: A Strategic Shift Toward Optimization
The security landscape in 2024 is experiencing rapid transformation. Security log data volumes are growing, major mergers and acquisitions are reshaping the industry, and platform-based approaches are becoming the norm. This makes it increasingly difficult to predict the “best” technology for the next five years.
Given the uncertainty, businesses are shifting focus from major changes to strategic optimization. Rather than adopting a rip-and-replace mindset, the priority is to maximize the value of current investments through improved security management services and co-managed solutions.
The Solution: Co-Managed Security Services
Co-managed security services offer a practical and effective way for organizations to optimize their existing tools. By partnering with experts who understand the nuances of these platforms, businesses can achieve better results without the need for significant new investments.
Here’s how co-managed security services provide value:
- Improved Configuration: Experts fine-tune your existing tools to align with your unique security needs, ensuring optimal performance.
- Enhanced Threat Detection: By regularly updating detection rules and monitoring settings, you can prevent threats before they escalate.
- Seamless Integration: Co-managed services ensure all security tools work harmoniously, reducing redundancies and overlaps.
- Efficient Incident Response: With expert guidance, organizations can respond swiftly and effectively to incidents, minimizing potential damage.
How Axelliant Maximizes ROI for Clients
At Axelliant, we understand the challenges businesses face when it comes to managing their security investments. That’s why we’ve developed a specialized co-managed security service model, powered by our proprietary tool, Cloud Axe.
Cloud Axe: Simplifying Security Management
Cloud Axe is designed to help businesses streamline their software subscriptions and security solutions. With Cloud Axe, organizations can:
- Track Subscriptions: Gain clear visibility into all software licenses and renewals.
- Identify Inefficiencies: Spot underused or redundant tools that inflate costs unnecessarily.
- Enhance Configurations: Optimize the performance of existing security solutions for better results.
- Reduce Costs: Cut unnecessary expenses while maintaining robust security defenses.
Advantages of Axelliant’s Approach
- Proactive Threat Prevention: Axelliant’s co-managed services block potential threats by optimizing your current tools and keeping detection rules updated.
- Streamlined Processes: With Cloud Axe, managing your security subscriptions becomes simple and efficient.
- Cost-Effective Solutions: Our services focus on maximizing your software asset management efforts, reducing waste, and increasing ROI.
- Expert Support: Our team of professionals ensures your security tools are configured to meet your business’s specific needs, saving time and resources.
By combining our technical expertise with advanced tools like Cloud Axe, we empower businesses to unlock the full potential of their existing security solutions.
Conclusion: Turning Complexity into Opportunity
The cybersecurity landscape is more complex than ever, but that doesn’t mean organizations need to start from scratch. Instead of chasing the latest technology, businesses should focus on optimizing their current tools with the right expertise and strategic support.
At Axelliant, we don’t believe in black-box solutions or unnecessary complexity. Through our co-managed security services and Cloud Axe platform, we help organizations transform their existing security tools into powerful, efficient systems that deliver real value.
If your business is ready to take control of its security investments, let’s start a conversation today.
Contact Axelliant for a Free Security Assessment
