IBM's surprising exit from cybersecurity software by divesting the QRadar SaaS portfolio to Palo Alto Networks has left CISOs scrambling to adjust their procurement plans and vendor relationships. After years of developing QRadar Suite, IBM started rolling it out in 2023, a cloud-native platform including EDR, XDR, MDR, SIEM, and SOAR solutions. This unexpected move has shaken the competitive landscape and raised questions about the future of cybersecurity technologies, as major players like Microsoft and Splunk consolidate their offerings
The sudden shift has prompted CISOs to evaluate their options, with analysts warning of potential confusion among customers. While Palo Alto Networks stands to gain from the acquisition, IBM's decision to part ways with QRadar has raised concerns about the future roadmap for cybersecurity solutions and the impact on existing customers. The agreement between the two companies includes plans for IBM Consulting to become a preferred managed security services provider for Palo Alto Networks, signaling a strategic alliance amidst the reshaping of the cybersecurity software industry.https://www.darkreading.com/cybersecurity-analytics/ciso-grapple-with-ibm-unexpected-cybersecurity-software-exit