BAE Systems provides its customers with an extensive range of powerful security services, enabling organisations to gain valuable reassurance that their networks are being monitored 24x7x365 by a team of security experts with the capacity to respond quickly and effectively to cyber threats.
A commissioned study conducted by Forrester Consulting on behalf of BAE Systems, revealed that the value delivered to the composite organisation over three years, and adjusted for risk was:
Download the Total Economic Impact™ (TEI) Study now to reveal in full the value and benefits delivered by the BAE Systems solution for Managed Security Services.
One of the BAE Systems’ customer interviewed which benefited significantly from its MSS solutions, was a regional commercial bank with an annual revenue of $500 million. It deployed Security Event Log Management, Security Event Monitoring, Managed Firewall, and Vulnerability Management to increase security with a cost-effective solution.
In order to replicate the work that BAE Systems was performing with managed firewall, security event monitoring and vulnerability management, it was estimated by the bank that 3-5 full time employees (FTEs) would have been required, if attempted internally. However, it was clear that the level of quality and expertise that BAE Systems provides could not be matched.
Aside from the numbers, the BAE Systems' customer said:
“We dealt with some of the competitors; they just did not have the same type of expertise as BAE Systems…BAE Systems is a quality, trustworthy partner; not just a vendor, but a partner”.
For the bank in question, audits and compliance reporting had become a big undertaking. Since the adoption of BAE Systems, reporting is available to the security team 24/7. This reporting portal has increased productivity by 10% for its existing security team.
The TEI study found that the benefits delivered by BAE Systems Managed Security Services far outweighed the costs, resulting in a ROI of 434%, NPV of $742,979 – and payback period of less than 6 months.