Better together: Highlights of Microsoft and Firedome’s new strategic partnership

2020 started off right for Firedome and Microsoft’s Azure Security Center for IoT (ASC for IoT): We announced a new, promising strategic partnership that will enable us to offer a comprehensive solution for the cyber protection of Internet of Things (IoT) devices, for detection, response and prevention capabilities related specifically to IoT security threats. 

The global market for the Internet of things (IoT) end-user solutions reached $100 billion in revenue in 2017, and is expected to grow to approximately $1.6 trillion by 2025. Today, 90% of consumers say that they lack confidence in the security levels of IoT devices, and with cyberattacks on smart devices increasing by 300% in 2019, it’s easy to understand why. 

The newly announced partnership generated interest from businesses and consumers alike. Here are the highlights and interesting insights behind the scenes of this partnership and the value it brings to IoT device manufacturers in the Home IoT, IIoT and enterprise IoT verticals. 

Reason why

This strategic partnership combines the unique expertise of each party, which includes Azure Security Center for IoT’s threat monitoring and recommendation service, alongside Firedome’s real-time protection and response capabilities. Together, the two companies form a holistic solution that provides the ultimate end-to-end IoT security protection for IoT device manufacturers. The partnership opens new doors to different integration and co-selling opportunities, and increases the potential market share for each company. 

End-to-End Protection for IoT Manufacturers

The newly announced partnership generated interest from businesses and consumers alike. Here are the highlights and interesting insights behind the scenes of this partnership and the value it brings to IoT device manufacturers in the Home IoT, IIoT and enterprise IoT verticals.  

Who can benefit from this partnership?

Firedome collaborates with top IoT manufacturers and allows them to differentiate themselves in the market and expand their market size and share by adding proactive, real-time, AI-based cybersecurity capabilities to their devices. The software-only solution, compatible with all main IoT operating systems (Linux, FreeRTOS, Windows, and Android), offers autonomous threat resolution and reduces the risk of cyber-attacks, which in turn decreases related mitigation and firmware update costs. 

Microsoft’s Azure Security Center for IoT (ASC for IoT) offers advanced, end-to-end threat detection and analysis solutions that reach higher visibility and control standards and offer adaptive threat prevention, smart threat detection and response, and more. The company’s solution operates across workloads that run on edge and on-premises, using Azure or other cloud-based solutions. This enables users to gain a clear overview of all security levels across local and cloud workloads. 

By combining the two products, Microsoft and Firedome will be able to deliver real-time protection and response, with dual detection capabilities of both Microsoft’s Threat Intelligence and Firedome’s machine learning, cloud-based AI engine. The combined solution provides dynamic, end-to-end cybersecurity protection tailored to IoT device manufacturers. This will enable customers to maximize threat awareness with both Microsoft Threat Intelligence and Firedome Detection and enjoy the peace of mind of Firedome’s real-time threat resolution of both known and unknown (0-day) threats, without the need for manufacturer intervention.

Combining the power of Microsoft Azure and Firedome makes perfect sense. Each company brings its own unique expertise to the table and together, they create a comprehensive solution that today’s businesses and consumers are searching for. This partnership allows Microsoft to reach out to customers that currently do not have their own SOC team, as well as those using operating systems that previously were not supported by the company’s solutions. The partnership boosts the market power and share of each company, as well as the security standards of the entire IoT industry. 

The “Behind the scenes” story

The process of forming this collaboration moved very quickly and efficiently. Microsoft is very much interested in joining efforts with many companies that seek cloud solutions, which includes both Firedome and its current and prospective clients. 

Soon after the partnership discussions began, the development teams of both companies began working closely, putting together the basic version of this integration. This enabled the two companies to create a joint demo relatively quickly, presenting Firedome’s solution via Microsoft Azure’s dashboard. 

We can’t wait to see this important strategic partnership elevate the solutions offered by both companies and create a new era in IoT security. 

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