Cybersecurity Market Evolves Toward Platform Consolidation

SYN Ventures' Art Coviello Says AI Integration Now Essential for Vendor Survival Tom Field (SecurityEditor) • April 30, 2025

The cybersecurity landscape continues to transform as enterprises seek to reduce their vendor footprint while maintaining access to innovation. With approximately 4,500 security companies competing for limited enterprise attention, consolidation has become inevitable.

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The average enterprise now manages about 30 vendors and twice as many security tools, creating significant complexity for CISOs, said Art Coviello, investment committee chair at SYN Ventures and former RSA chief.

"I can draw a parallel to what happened 10 years ago when Cylance, CrowdStrike and SentinelOne came on the scene with machine learning algorithms to replace the tools from McAfee and Symantec, the signature-based technologies that were obsoleted, and you're going to see the same thing happen with AI," Coviello said. "If CrowdStrike doesn't ...