This talk dispels myths about our industry. One myth is that consolidation occurs. Another is the slow growth of the industry usually pegged at less than 10% a year by the major research firms. Another is that security startups fail at an alarming rate. They do not. There were only two failures of funded startups in 2020, although there were some acquisitions at fire sale prices. Stiennon shares the data from the Directory in Security Yearbook 2021. There are 2,615 vendors broken into 16 major categories.
Stiennon is a well know industry analyst that covers the entire realm of cybersecurity. He was VP Research for Gartner from 200-2004. He has held executive roles at Webroot Software, Fortinet, and Blancco Technology Group. He has presented on the topic of cybersecurity in 31 countries on six continents. He advises vendors, investment firms, and startups. He is the author of several books on cybersecurity including Security Yearbook 2021.