Secureworks® (NASDAQ: SCWX), a global leader in cybersecurity, today announced a significant next step in the evolution of its global partner program, furthering Secureworks’ mission to secure human progress. Effective December 1, 2022, all new Secureworks Taegis™ stores in North America will be sold in collaboration with partners. The shift to a partner-first strategy is expected to increase Secureworks’ market share and signal a significant milestone in Secureworks’ transformation from MSSP to a cybersecurity provider of MDR and XDR products via its cloud-native platform Taegis.
In Q2 FY23, over 75% of Taegis’ new business was transacted in collaboration with partners. The next phase of Partner First’s go-to-market strategy will focus on investing in strategic partners best positioned to execute Secureworks’ growth plan. Partner First is expected to be rolled out globally in early 2023.
“Taegis XDR has gained significant traction with ARR growth of 100% year over year and now accounts for more than half of our ARR as reported last quarter. The time has come to take the next step in our market launch. Together, hand in hand with our strategic partners, we can accelerate the momentum we’re seeing today,” said Wendy Thomas, CEO of Secureworks. “Our customers have high satisfaction and renewal rates with our partners, and we’ve worked toward this milestone, since we started our SaaS transformation. Becoming Partner First ensures our customers can collaborate with their trusted advisors within the partner community.”
Secureworks Taegis enables organizations to improve their overall cyber security posture and reduce cyber risk. As a cloud-native, holistic security solution, Taegis enables superior threat detection and unmatched rapid response. With its open approach, Taegis integrates feeds from third-party tools, which are normalized and analyzed, along with Secureworks’ own proprietary data and real-time threat intelligence to identify and remediate threats.
“Our strategic partners have a unique relationship with customers that is essential for organizations to execute and implement their cyber strategies. long-term gain for their own business,” said Ian Bancroft, CRO, Secureworks. “Our resources are dedicated to enabling partners to deliver results-driven solutions that better protect businesses and their communities.”
