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Increasing Sophistication of Cyber Threats Driving Market Growth
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The Asia Pacific managed security services (MSS) market was experiencing a steady growth in 2011 with more enterprises attempting to reduce security expenditures while also maintaining strong security levels. With tightened IT budgets, many companies realized the business sense to use the managed services model for those IT functions that are not business-critical, such as log management, firewall management, and so forth. The year witnessed enterprises in the region largely adopting the services model rather than managing and maintaining the security products on their own.
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