CONTINUOUS SECURITY VALIDATION & MITIGATION CHRIS JENKINS Global MSSP Partner Strategy GLOBAL MSSP LANDSCAPE. • 2018 - $10.7bn • Predicted CAGR 15.4% • EMEA – Largest global market • APAC - Fastest region for growth • Mature & Competitive Market looking for differentiation • Traditional NOC’s transforming in to SOC’s • Systems Integrators & Telecomms moving in to MSSP space WHAT ARE MSSP’S LOOKING FOR? Successfully Monetize their Security Expertise Grow Customer base through Next Generation Security Drive & Differentiate Renewals Increase & Drive Profits Increase Customer Value, Experience & Satisfaction Increase Upsell Opportunities Scalable Growth & portfolio Roadmap Simplified Pay as you Grow pricing model Increase Market Penetration & Market share Exclusive Tiered Partnership Joint GTM & Sales Enablement Lock out Competition PARTNER ENGAGEMENT & RECRUITMENT PLAN Exclusive, Limited & Targeted Partners reduce Overlap • Unique Vertical Expertise • Finance/Insurance • Government • Utilities • Regional/Geographical Coverage • Country Focused • Regional Coverage • Global Footprint • UK 4-5 Partners • EMEA 5 Partners • Year 1 only 1 Exclusive Global Partner Closer Alliances engagement with Technology Vendors & Distribution (Exclusive Group, Cisco, Checkpoint, Fortinet & Palo Alto 3 x 3 x 3 Sales Initiatives MSSP Partner SI/ Security VAR Partner (3 Accounts) (3 Accounts) (3 Accounts) Vendor Partner Distribution Partner (3 Accounts) (3 Accounts) Executed & Reviewed Monthly against Target & KPI’s PARTNER MARKETING & DEVELOPMENT TOOLS • Not For Resale (NFR) Licensing Program limited license for partners or full product for Case reference? • Partner Technical Training (At No Cost) • Partner Portal (Primary Interface for MSSP’s) • Track Pipeline Opportunity • Collateral • Case Studies • Reports • Picus Partner Mobile App • Incentives & Rebates (based on Revenues recognised Rebates for MDF to be matched or other activities. • Marketing Programs (MDF) & joint initiatives 30/60/90 DAY PLAN First 30 Day • Meet the team • Product Knowledge transfer (BAS platform) • Technical Deep Dive • Meet with Customers, Partners, Disti’s, Vendor technology partners • Familiarise with Corporate knowledge, systems & culture • Understand Road map 30 – 60 Days • Increase the amount of time with new & existing customer and partners • Review & propose changes to the Partner Program • Customer & Partner review • Feedback from Exco “are we aligned”? • Deeper product knowledge • Increased responsibility across the business 60 – 90 Days • Detailed GTM & Strategy for next 12 months • Accelerate partner engagement to review forecasted revenues & pipeline • Agree MSSP strategy and set KPI’s & objectives in line with the proposed business plan WHAT VALUE DO I BRING TO PICUS SECURITY • 20+ Years proven track record of building, develop and growing security businesses • Senior level contacts within the Cyber Security industry which relates to: • Global & European Customers • Closely aligned with the development of MSSP services and the acquisition of SOC businesses for integration in to Telcos looking to embed Security services within their portfolio. • Past 10 years actively involved with selling Managed Security Services • Partnered with key security VARs and distributors on a global basis • High level relationships with the best of breed technology Vendors • Managed & grown security business focused in the UK, EMEA, APAC & Globally. • Sold the largest single Security deal for Checkpoint to HSBC for $45m I thrive in the start up environment and have introductions from Day 1 THANK YOU!