Fast Facts: For Security Needs, UEM Is Poised To Soar
In the fast-paced IT industry, new statistics and data are released daily. Each week, Enterprise Mobility Exchange publishes Fast Facts, taking a look at interesting or noteworthy information impacting businesses.
There’s been a noticeable shift from modern mobile security practices to a fully integrated solution, now known as Unified Endpoint Management (UEM). The majority of enterprises are likely still deeply connected to the EMM and MDM practices of the last decade, while others are beginning to roadmap a more singular focus, which is being found in UEM.
According to a new MarketsandMarkets forecast, the UEM market value is set to soar, jumping from $1.4 billion in 2017 to $7.06 billion prediction by 2022, a CAGR of 38.2% over the next decade.
“The need for a single UEM solution that can manage traditional and non-traditional endpoints is one of the most significant factors projected to drive the growth of the unified endpoint management market,” the report stated. “In addition, increased awareness regarding the importance of data security in organizations is also contributing to the growth of the unified endpoint management market.”
See related: Let’s Be Honest: You Need UEM Now
The report went further, stating the small-to-medium business market would account for quicker growth than the enterprise-level sector, and the Banking, Financial Services, and Insurance (BFSI) industry would be a leader in the adoption of UEM techniques.
So why does an enterprise IT team, or the mobile group specifically, need to implement UEM? Here are a few reasons that may peel back the layers of confusion associated with the all-encompassing solution.
- All For One, One For All
Now that your enterprise has fully embraced mobile transformation, it’s also embraced a large amount of solutions needed to control and manage those devices. Unified Endpoint Management can harness mobile devices, legacy equipment like PCs, and Internet of Things (IoT) devices, all from the same dashboard. Ask any IT administrator or manager what they’d appreciate most when it comes to the solutions they deploy, and visibility and consistency will rise to the top of the list. The time for a separate solution for each of your enterprise’s technology management may be coming to an end.
- Security Isn’t Going Away
What’s the point of device management, whether it be tethered or not? Security, of course. Any enterprise that says it’s not considering security as a priority is either lying or trying to cover up the fact they’ve already been breached. Anyhow, just like EMM or MDM secures mobility specifically, UEM is enhancing that practice and then some. Now that your office of the future includes wireless printers or biometric-capable building entry points to go along with your team’s mobile devices out in the field, the threat vectors are innumerable. Putting a clamp down on those from a singular management standpoint is invaluable to administrators.
- Money, Money, Money
The IT department isn’t exactly strapped with cash in most enterprises, so finding calculable ROI is a mega win for any company. Replacing existing management solutions for on- and off-line equipment with one system will obviously cut costs from the beginning. Additionally, the lower cost of management could relate to time savings and enhanced productivity for administrators, and, arguably the biggest line item, is knowing tighter security protocols are in place. Thwarting a breach isn’t so much about money saved, rather, money lost.