Managed security services have been growing in popularity over the past several years. The latest task enterprises are looking to offload to an outside provider is security information management. SIM equipment can centralize event and log management information from security devices and computers. The drawbacks to SIM use include up-front costs, complex installations and hiring the expertise to manage it. Players that offer SIM as a managed service include SecureWorks, Tata, IBM, AT&T, BT, Verizon Business and Trustwave.”]
Source: https://www.csoonline.com/article/2124777/enterprises-look-for-help-managing-security-logs.html