LogLogic, an independent security information and event management (SIEM) and IT data management provider, has unveiled the full-service virtual SIEM offering, MX Virtual.

The new offering delivers the functionality of LogLogic’s hardware-based appliances via VMware technology, enabling companies to improve business operations, enhance security and meet strict compliance mandates, the company said.

The SIEM offering also delivers enterprise-grade IT data collection, search and storage capabilities, customisable alerts and reports covering identity and access management, user activity, network changes, security, business continuity and IT performance.

The new tool enables workgroups and businesses to collect, manage and analyse IT data from anywhere in their organisation, according to the company.

LogLogic CEO Guy Churchward said, virtualisation is a reality for many businesses that are looking to drive efficiencies throughout their organisations, or that have space-constrained or widely-distributed IT environments.

"With the release of LogLogic’s MX Virtual, we enable companies to lower their operational costs, while leveraging the full power of our IT data management technology anywhere in the world," Churchward said.