Radware – new model will provide more revenue streams for MSSPs

Cyber security and application delivery vendors Radware have released a new business model they say will provide more opportunities to managed security services providers, while reducing the cost of ownership.

Radware® (NASDAQ: RDWR) has announced the new ‘flexible business model’ for MSSPs, stating that ‘the offering enables service providers to enjoy new revenue streams and grow their businesses by extending an innovative line of managed network and application security services to their customers’. 

“MSSPs are under constant pressure to evolve their services and deliver an exceptional user experience without eroding their margins,” said Haim Zelikovsky, vice president of Radware’s cloud business. “Our security experts work alongside service providers to not only defend their customers against cyber threats, but also offer them a unique opportunity to create an industry-leading portfolio of security services that can drive new revenue streams.” 

Catering to their business needs, Radware’s new offering enables MSSPs to customise, rebrand, and resell the company’s Cloud DDoS Protection and Cloud Application Protection Services. The services are built to defend MSSPs’ customers against advanced cyber threats, including DDoS, DNS, application, and layer 7 Web DDoS attacks. 

Leading service providers like US Signal are working with Radware to expand their cyber defence portfolios and strengthen their customers’ experiences. 

Radware understands the unique needs and challenges that service providers face. In addition, to meeting important scale and technology requirements, what sets Radware’s MSSP program apart is the built-in support it offers in standing up a comprehensive security service practice,” said David Humes, vice president of product development for US Signal, a leading provider of cloud solutions, network connectivity, and data centre services. “We selected Radware for their advanced technology, expertise in surgically combating volumetric attacks, and ability to help us fast track a new value-added security offering for our customers.” 

Radware’s network and application security solutions are built on AI-powered algorithms to protect legitimate user experiences while minimising false positives and the need for human intervention. The company has received numerous awards for its security solutions. Industry analysts such as Aite-Novarica Group, Forrester Research, Gartner, GigaOm, KuppingerCole, and Quadrant Knowledge Solutions continue to recognise Radware as a market leader in cyber security.