Executive Summary

The Cyberhive Matrix™ is a simple overview supporting end-users and investors when exploring European cybersecurity solutions. The Matrix is based on Cyberhive and open source data, focusing on maturity and European readiness of the solutions during the assessment. ECSO, owner and initiator of Cyberhive, is the independent entity analysing and evaluating the solutions. 

The methodology is completely transparent and was constructed with the input of industry experts in a special Task Force (read more on this here). This industry supported approach put trustworthiness, replicability, and usability central in the design process. 

The Matrix is a quarterly published report, with special half-year investor editions. The report consists of a matrix visual, and a report. The visual showcases the solutions and including two axes with criteria and aims to provide clarity at a glance. The report dives deeper into the solutions with descriptions, vendor profiles and European compliances. A detailed document describing the criteria and scoring, can be found at the end of this page. 

How to participate?

How do I include my SOC solution?
Join the Matrix for free! 

1. Fill in the form: https://forms.office.com/e/m1jSViEhW9 and share company and solution details. 

2. Get a free Basic Membership: After completing the form, we will proceed with the process to also get your company registered on Cyberhive.

• Already on Cyberhive? We will send you the draft version of the Matrix for review after you filled in the form. This Matrix focuses on providers with a SOC related solution. Your solution will be included in the Matrix when it is promoted in the overview of all solutions here. 

3. Deadline: Complete the process by October 11th.

All end-users and vendors can freely participate and contribute to the Matrix. The report will be publicly available on Cyberhive. Registered users will be able to find a more detailed analysis. A special half-year investor edition will be available for investor members. The investor edition includes investor focused criteria to inform investors in the best European cybersecurity companies. 

Find the recorded webinar on the concept Matrix here. 

Vendors

Participate as vendor by becoming a basic member on Cyberhive EUROPE for free, the European cybersecurity marketplace, to discover solutions! It is required to publish the solution you want to have included in the Matrix. Not all solutions categories will be covered. Become a basic member for free and promote 1 solution. Want to list multiple of your solutions? Then, a professional membership is required. 

After publishing your solution, Cyberhive will make an enquiry to all vendors promoting a solution that is featured category. The first Q3 Matrix will launch in the beginning of Q4. Find the following steps:

• Register to Cyberhive with the free basic or paid professional membership. Use the following promo code for a free 3-month professional trial (no credit card details needed): eCS07cefvadnYw
  • Companies allowed are: HQ’ed in Europe, have R&D FTE > 50% in Europe, FTE > 50% in Europe, and are GDPR compliant. Read the FAQ for more information. 
  • Receive the survey from our team
  • Fill in additional data via survey

End-users

End-users like CISOs, Information Security Officers and others have free access to The Cyberhive Matrix. 

• Register to Cyberhive for more a more detailed report
• Leave reviews and rate solutions on Cyberhive to share your knowledge with peers

Investors

Investors have to become a paid investor member on Cyberhive to access the half-year editions of Cyberhive's Matrix. We are also working on special brokerage services for our investors. Use the following promo code for a free 3-month investor trial (no credit card details needed): eCS07cefvadnYw

• Register to Cyberhive, and purchase the investor membership

 

Guideline & Policy

Methodology

 

Criteria

The criteria are a combination of all the input gathered from the 3 user groups (vendors, end-users, and investors). The criteria have a measurable unit, which is the way the criterium will be measured. Units can be measured through quantitative data (numeric), or qualitative data (descriptive). It also includes how the data will be gathered. This can be via Cyberhive data, or open-source data. 

The quantitative data is measurable and replicable. The qualitative data can be collected from text from open-source data or Cyberhive user reviews. The quantitative analyses will end up in the axes of the visual. Qualitative data can be used for descriptive text in the final document, ‘quality marks’, or seals or medals when a solution complies with a standard. These will not be used to ‘rank’ the solutions in the axes. 

The criteria are measurable and replicable. The criteria serve as input for the analyses that are included in the Matrix with ‘User experience’ and ‘European readiness’ as axes. The criteria, units (how the criteria is measures) and their weights are indicated in the table below. 

Solution related criteria consist of 2 criteria groups: user satisfaction and future-proof. Future-proof is included in the half year investor editions. The solution criteria is visualised in the vertical axes of the matrix. 

European readiness indicates how well the solution is adapted to Europe in terms of values (like transparency, and gender balance) and fit to the European market (language availability and operational sovereignty).  

One last group of criteria is related to the company. The company criteria are included in the half year investor editions. 

Descriptive text

The second element of the Matrix is the descriptive part of the solutions. Each solution will have a section where qualitative information is given. The focus of this information is grouped in the same categories as the before mentioned criteria, namely: 1) solution, 2) European readiness and 3) company. Because this data is not used in the evaluation of the matrix, it is solely descriptive data with no weights added. 

Timeline

Integrity & independence disclaimer

The companies are rated according to the listed criteria by the European Cyber Security Organisation (ECSO), the initiator and owner of Cyberhive EUROPE. ECSO is a non-profit based in Brussels. ECSO is a membership association and contributes to Europe’s Digital Sovereignty & Strategic Autonomy and to strengthening its  cyber resilience. ECSO members are entities headquartered in the EU, EEA, EFTA or associated Horizon 2020 countries. These are defined as ‘ECSO countries’, and hold the right to participate in working groups and apply for board positions allowing voting at the General Assembly and eligibility to the Board of Directors. Associated members are not located in the earlier defined ECSO country. The ECSO statutes can be found here.

ECSO members outside the EU, EEA or EFTA are not included in the Matrix, because these entities cannot enter Cyberhive (find the entry criteria here). The membership fee is fixed, and ECSO has no interest in favouring their members over other European players. The interest of ECSO is to promote and increase the visibility of all European organisations with solutions included in the Matrix.

Matrix updates

Version 0.9

• Renamed the criteria within ESG to: 'Social' and 'Governance Transparency'. Made 'Environmental' descriptive data
• Removing 'Organisational Transparency' from Company criteria (already listed in Sovereignty at Eureopan Readiness)
• Added weights to the criteria (based on results from the Task Force after workshop 4) 

Version 1.0:

• New visual including User experience and European readiness
• In 'Trend Analysis' changed 'Market Share' to 'Market Investment Share' to avoid duplication
• Removed GACR from Descriptive data at Financial Profile
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