
Secureworks Evolution: Progress, Challenges
No doubt, Secureworks remains a firmly entrenched Top 200 MSSP for 2019, according to MSSP Alert research. But the company's business model remains in transition as customers seek more highly automated MSSP, MDR, endpoint and cloud security services.
Secureworks Evolution: CEO Michael R. Cote's Perspective
Describing Secureworks' recent business progress, CEO Michael R. Cote in a statement today said:“In the world of accelerating digital transformation and complex technology ecosystems, effective security programs require a more agile and scalable model. Our model goes beyond prevention alone, to leverage the powerful combination of machine and human intelligence and the community. As a global leader in the security industry, we are proud to partner with other leading security and technology companies to deliver solutions to the market that work in concert to increase the speed of detection and effectiveness of response to reduce risk.
Revenue, gross margin, adjusted EBITDA and cash flow were strong again in the third quarter and exceeded our expectations. We continue to invest in our security analytics platform and SaaS-based offerings and, as we finish the year, we remain focused on building upon our progress, driving our business transformation and bringing our vision of the future of security to life."