Mphasis IT Managed Security Services PEAK Matrix Named as a Major Contender by Everest Group

NEW YORK: Mphasis (BSE: 526299; NSE: MPHASIS), an Information Technology solutions provider specializing in cloud and cognitive services, today announced that its IT Managed Security Services (MSS) PEAK Matrix has been recognized as a “Major Contender” by Everest Group. Everest Group’s assessment is based on Q1 2021 interactions with leading managed security service providers and analysis of the managed security services marketplace. Mphasis is recognized as a service provider helping enterprises “clear the clutter” and stay steadfast on advancing security initiatives.

“At Mphasis, we manage 1 million identities, more than 7.45 million IP addresses, and over 70,000 firewalls/intrusion prevention devices. This recognition aligns with our mission to protect our clients’ existing investments, maximize value, strategize future security investments and provide security with speed and agility,” said Srikumar Ramanathan, Senior Vice President, Head Portfolio Group, Mphasis, Mphasis.

Everest Group’s report highlighted Mphasis’ security offerings which span the entire gamut of enterprise estate, underpinned by investments in IPs, accelerators, and partner ecosystems. The main highlight of Mphasis’ MSS portfolio is Mphasis InfraGenie which brings SecOps, SOC, SecGRC, and IT-Ops under one umbrella.

“As enterprises bet their future on various digital transformation initiatives, the demand for cybersecurity has risen significantly. Moving from the basic log monitoring of decades ago, enterprises are now leaning on their MSS providers to improve their security postures and solve challenges around business continuity, agility, and resiliency,” said Kumar Avijit, Practice Director, Everest Group. “Mphasis’ intelligent SOC operations, investments in InfraGenie solution, and AI-/ML-led cyber threat defense capabilities have helped it position as a Major Contender in Everest Group’s 2021 IT Managed Security Services (MSS) PEAK Matrix® Assessment.”

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July 20, 2021