When I’m asked to explain what’s happening with enterprise cybersecurity technology, I often use an analogy from the business software market in the 1990s.
Back then, application vendors tended to specialize in one area – PeopleSoft owned HR, Baan offered manufacturing apps, JD Edwards played in finance, etc. Around 1995, companies began replacing these departmental applications with enterprise-class ERP solutions from Oracle and SAP. The objective? Centralize all business data into a common repository that could anchor the business and be updated and used for various departmental functions and business processes in real-time. Yes, the ERP journey was a bit painful but the transition resulted in a steady increase in business productivity, enhanced efficiency, and better decision making.