FOR IMMEDIATE RELEASE
Southlake, TX – December 10, 2024 – Gradient Cyber, a leading provider of Managed Extended Detection and Response (MXDR) services and Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of end-to-end integration and application development platforms, are pleased to announce they have formed a new strategic partnership. This collaboration combines Gradient Cyber’s expertise in advanced threat detection and response with Magic Software’s integration, data management and analytics technology to deliver compelling solutions while safeguarding mid-market organizations against evolving cyber threats.
As Mid-market organizations adopt cutting edge AI enabled data management technologies they often face the dual challenge of limited cybersecurity resources and sophisticated attack methods. Through this partnership, Gradient Cyber and Magic Software aim to address these challenges by offering streamlined integration of critical IT, OT, and security systems, enabling businesses to detect and respond to cyber threats faster and more effectively – ultimately reducing mean-time-to-detect (MTTD) and mean-time-to-respond/remediate (MTTR).
Key Benefits of the Partnership
- Enhanced Security Visibility
Combining Magic Software’s advanced integration platform with Gradient Cyber’s MXDR solution ensures consolidated and actionable insights across network, endpoint, cloud, and SaaS environments - Streamlined Operations
Magic and Gradient technologies automate workflows and eliminate data silos. By combining their expertise, they make data actionable while providing effective threat detection and response. - Scalable Solutions
The combined offering is designed to meet the unique needs of mid-market businesses, providing enterprise-grade protection without the complexity or cost associated with large-scale implementations - Leverage Existing Tech Stacks
Both companies emphasize the importance of adaptability, ensuring the partnership supports existing IT, OT and security infrastructures without requiring significant overhauls
“The Magic Software partnership enables Gradient Cyber to expand its market reach to a greater share of mid-market organizations looking for threat detection and response,” said Steve Chappell, Chief Revenue Officer at Gradient Cyber. “Integrating directly with Magic Software’s platform makes it fast and easy for end customers.”
Thomas Connell, VP for Business Development at Magic Software North America, stated:
"Magic Software's partnership with Gradient Cyber Security strengthens our commitment to delivering seamless, secure data solutions. Together, we're empowering businesses with smarter decisions backed by trusted, protected data."
Driving Innovation for Mid-Market Security Teams
The Gradient Cyber and Magic Software partnership represents a commitment to addressing the unique challenges faced by mid-market organizations, which often operate with limited resources yet face the same cybersecurity threats as larger enterprises. By combining Gradient Cyber’s threat detection and response expertise with Magic Software’s robust integration capabilities, the partnership offers a transformative approach to proactive cybersecurity.
About Gradient Cyber
Gradient Cyber specializes in Managed Extended Detection and Response (MXDR) services that provide comprehensive protection for organizations’ networks, endpoints, cloud, SaaS applications, and IT infrastructure. With a customer retention rate of 98%, operations in 35+ verticals and a 10:1 client-to-analyst ratio, Gradient Cyber delivers tailored cybersecurity solutions that meet the dynamic needs of mid-market businesses. For more information, visit www.gradientcyber.com.
About Magic Software Enterprises
Magic Software has been providing innovative solutions for application development and integration across the globe for 40 years. It helps companies achieve comprehensive digital migration and evolve into fully data-driven organizations for continuous improvement and business excellence.
The company is present in more than 50 countries and has thousands of installations worldwide, as well as strategic alliances with global software leaders, such as IBM, Microsoft, Oracle, Salesforce, and SAP. Together with its partners, Magic Software enables the rapid, cost-effective implementation of new technologies, empowering customers to streamline operations, enhance efficiency, and drive sustainable growth. Learn more at www.magicsoftware.com
Media Contacts
Katie MacDonald
Director of Marketing
Gradient Cyber
cmacdonald@gradientcyber.com
Kia Comton
Marketing Manager, North America
Magic Software
kcompton@magicsoftware.com
