While many companies and business people automatically associate cloud computing with storage, infrastructure and other opportunities to enhance the data center, these are not the technology’s only benefits. In fact, the cloud can introduce a number of advantages when incorporated into a firm’s overall IT security initiative.
A recent report by Gartner highlighted how the cloud will increasingly be incorporated into corporate security endeavors, as 10 percent of IT data protection offerings will be available through the cloud by 2015. Because of the growing demands for cloud-based identity and access management, secure email and other gateways, the market for cloud-enabled security services is expected to generate roughly $4.2 billion in revenue by 2016.
The cloud allows organizations of all sizes to implement robust and effective data protection solutions despite the fact that many businesses lack the skills, staff or financial capabilities to do so. This is among the biggest drivers to implement cloud-based security tools.
“This shift in buying behavior from the more traditional on-premises equipment toward cloud-based delivery models offers good opportunities for technology and service providers with cloud delivery capabilities, but those without such capabilities need to act quickly to adapt to this competitive threat,” said Eric Ahlm, research director at Gartner.
How decision-makers intend to implement cloud security
Gartner analysts revealed that while there are a number of popular security components in the cloud landscape, the majority of executives plan on increasing spending on opportunities to improve the safety of email functions. Other organizations intend to increase investments in cloud-enabled tokenization services, largely due to strict compliance requirements and the ongoing need to keep consumers’ personally identifiable information safe.