"invest more strategically into their security architectures"
Um, you mean go with SolarWinds123 ?
Point solutions are fine (if they work properly). This whole blurb is just an excuse to push a cloud-based security service. Well I'm sorry, but cloud-based means relying on someone else's sense of security.
Security is hard, you learn it the hard way, and if you want it to be efficient you need to be the one knowing how it works.