Alert Logic Named to 2011 Edition of JMP Securities
Alert Logic, the leading provider of log management, intrusion detection and cloud security solutions for enterprises and services providers, today announced it has been included in JMP Securities’ 2011 Edition of the “Hot 100,” a report that profiles the best privately held software companies identified by the research team at JMP Securities, a full-service investment bank. In its recent report, JMP cited Computing-as-a-Service (CaaS) as the biggest change taking place in the IT landscape in the past 30 years resulting in platform-, infrastructure-, or software-as-a-service companies comprising the vast majority of the “Hot 100.” While cloud-based services provide new opportunities for enterprises for quicker deployment, improved scalability, redundancy and lower cost, they also give rise to unique security concerns.
Alert Logic addresses the most difficult and costly aspects of security and compliance for those making this transition. “We take exceptional pride in being named to JMP Securities’ Hot 100 list,” said Gray Hall, president and CEO of Alert Logic. “The trend of organizations moving away from traditional in-house solutions to on-demand software and infrastructure has been a key driver for our record sales performance in 2010. Built from the ground up to address the unique challenges of cloud computing environments, Alert Logic has become the SaaS security partner of choice for many of the most successful hosting providers in the world.”