Sumo Logic Strengths, Domain Expertise, and Key Differentiators
Sumo Logic empowers the people who power modern, digital businesses. Through its SaaS analytics platform, Sumo Logic enables customers to deliver reliable and secure cloud-native applications. The Sumo Logic Continuous Intelligence Platform helps practitioners and developers ensure application reliability, secure and protect against modern security threats, and gain insights into their cloud infrastructures. Customers around the world rely on Sumo Logic to get powerful real-time analytics and insights across observability and security solutions for their cloud-native applications.
Sumo Logic Recent Developments
In June 2022 Sumo Logic unveiled Sumo Logic Threat Labs, a threat research and security detection unit. The Threat Labs unit is among the expanded services and tools from Sumo Logic to help customers modernize security operations and achieve greater cyber-resilience.
The Sumo Logic Threat Labs Unit is built to deliver a continuous stream of deep detection content, rapid response guidance, and actionable best practices to Sumo Logic security customers. The team is staffed with domain experts with backgrounds in forensics, incident response, and red/blue teaming, as well as offensive and defensive cyber operations in the United States military and intelligence services. Informed by deep human expertise, the Threat Labs Unit will also play a larger role in contributing advanced detection logic and best practices to the security community to help collectivize the defense.
Dave Frampton, VP/GM, Sumo Logic Security Business Unit said, “Our Threat Labs Unit will contribute actionable insights to our customers from leading-edge threat research, we will also share insight with the community to improve the industry's collective defense. Our deep and diverse practitioner expertise translates into advanced detection coverage delivered in a unique SaaS model which combines real-time global updates with deployment customization for individual customers.”
Modern threat surfaces also encompass application security at every layer of the stack. Customers need end-to-end workflows coordinated across detection, investigation, and response efforts. Threat Labs insights are delivered across the Sumo Logic security portfolio, ranging from detection and investigation in Cloud SIEM to automated threat response in Cloud SOAR. In its SaaS delivery platform, Sumo Logic updates detection content for all customers at least twice weekly, to shorten the cycle time from research to concrete defense adaption in environments where every minute counts. As first reported in the media in April, the very first malware exploiting serverless computing was found in the wild creating crypto-miner instances in AWS Lambda. Called Denonia, this cutting-edge malware requires a holistic approach to detection, investigation, and response. The Threat Labs Unit performed research and detection engineering on the Sumo Logic platform. The team then generated content for detection in Cloud SIEM, delivered analysis and hunting across the platform, and orchestrated the response in Cloud SOAR all in one workflow.
Sumo Logic Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Sumo Logic applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Sumo Logic and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Sumo Logic Continuous Intelligence Platform customers.
Sumo Logic Overview
Ownership: - NASDAQ: SUMO
Number of Employees: 943
Key Verticals: Banking and Financial Services, K741, Higher Education, Federal Government, State and Local Government, Public Safety, Life Insurance, P&C Insurance, Specialty Insurance, Manufacturing, Professional Services, Retail,
Sumo Logic Key Enterprise and Cloud Applications
Sumo Logic Continuous Intelligence Platform
Sumo Logic Revenues, $M:
|Type/Year||2020||2021||YoY Growth, %|
|Total Revenues, $M||Subscribe||Subscribe||Subscribe|
|Enterprise Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
|Cloud Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Sumo Logic Revenue Breakdown By Type, $M:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
Sumo Logic Enterprise Applications Revenues By Functional Markets, $M:
Sumo Logic Enterprise Applications Revenues By Verticals, $M:
Sumo Logic Revenues By Region, $M
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 Enterprise Applications Revenues, $M||2021 Cloud Applications Revenues, $M|
Sumo Logic Direct vs Indirect sales
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Sumo Logic Customers - Breakdown by Geo, Size, Vertical and Product
No. of Sumo Logic Customers: 2396
No. of Sumo Logic Enterprise Applications Customers: x
No. of Sumo Logic Cloud Customers: x
No. of Sumo Logic Cloud Subscribers: 175000
Sumo Logic has 2,396 customers worldwide. Customers range from cloud-native organizations to those who are undergoing digital transformation and range from small and medium-sized enterprises to businesses in the Fortune 500. In addition, among their customers, they have over 175,000 users on the platform. Some of their customers are Acquia, Airtasker, Bittbank, Canary, Cardlytics, Clorox, Coincheck, Dodge Data & Analytics, eNett, Epsilon, Esentire, Freshworks, Gannett, Genesys, goibibo.com, and many others.
Sumo Logic Market Opportunities, M&A and Geo Expansions
In April 2022 Sumo Logic marked a new milestone in innovation for Sumo Logic Observability with Sumo Logic OpenTelemetry Distro Collector (OT Distro). The OT Distro Collector is designed to simplify and democratize the collection of logs, metrics, traces, and metadata from modern cloud applications. With this announcement, Sumo Logic further embraces open source and establishes OpenTelemetry as its future standard to collect all machine data, breaking from the legacy model of using proprietary agents to gather critical application and infrastructure telemetry. By adopting OpenTelemetry, site reliability engineering (SRE) teams can define and own their global collection strategy, without fear of vendor lock-in. The unified collection of logs, metrics, and traces available in the OT Distro Collector eliminates the need to manage multiple agents, further removing complexity from data collection.
Sumo Logic Risks and Challenges
Some of the members of the management team have limited experience managing a publicly traded company, and certain members joined recently. As such, the management team may not successfully or efficiently manage our transition to being a public company subject to significant regulatory oversight and reporting obligations under the federal securities laws and the continuous scrutiny of securities analysts and investors. These new obligations and constituents will require significant attention from senior management and could divert their attention away from the day-to-day management of the business, which could adversely affect the business, financial condition, and results of operations.
Sumo Logic Ecosystem, Partners, Resellers and SI
Sumo Logic develops and maintains partnerships that help them market and deliver their platform and solutions to customers around the world. Sumo's partner network includes Cloud providers and Solution partners. Sumo Logic's platform is developed to operate on and integrate with leading cloud provider platforms, such as AWS, Microsoft Azure, (“Azure”), and Google Cloud Platform, (“GCP”). Partnering with leading innovative technology organizations to develop integrations, best practices, and extended capabilities that help customers achieve enhanced value in modern enterprise cloud environments.
Sumo Logic Cloud Infrastructure Insights
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- Sumo Logic Public Cloud and Infrastructure (IaaS)
- Sumo Logic Platform (PaaS)
- Sumo Logic Application Delivery
- Sumo Logic Private Cloud and Data Centers
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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