SIEM has evolved into a security platform with multiple features and deployment models to provide a security system of record with comprehensive threat detection, investigation and response capabilities. This research helps security and risk management leaders evaluate providers in this space. SIEM is a configurable security system of record that aggregates and analyzes security event data from on-premises and cloud environments. SIEM assists with response actions to mitigate issues that cause harm to the organization and satisfy compliance and reporting requirements. Devo is a Visionary in this Magic Quadrant. The Devo Platform, a cloud-native SIEM solution, appeals to enterprises with large datasets, in addition to midsize organizations that have mid- to high-maturity security operations center (SOC) teams. Devo offers three packages: Intelligent SIEM Starter, Intelligent SIEM and Intelligent SIEM+, and is licensed based on the volume of data ingested.