As organizations grow in size, they require a more structured
approach towards event log management and retention. Event
management solutions centralize the storage and interpretation of
event logs generated on your network, actively monitor IT resources
across your organization, filter and correlate events, and automate
responses to security incidents; therefore become a valuable tool
to monitor network security and performance.
More specifically, Security Information Event Management (SIEM)
solutions collect data and log files into a central repository for
trend analysis.