MENU × BUSINESS
Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
TECHNOLOGY
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
PLATFORM
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleRed Hat
LEADERSHIP
CEO ReviewCompany Review
MAGAZINE
ASIA INDIA
STARTUPS CLIENT SPEAK CONTACT US

The Silicon Review Asia

By 2017 end more than 60% of the security applications will be based on the public cloud

By 2017 end more than 60% of the security applications will be based on the public cloud

According to a report generated by market research giant Gartner the development in universal Cloud-based security services will reach $5.9 billion in 2017, which is up by 21 percent from 2016. It is also said that, the Cloud-based security services marketplace will attain close to $9 billion by 2020.

“Email security, web security and identity and access management (IAM) remain organisations’ top-three Cloud priorities,” said Ruggero Contu, Research Director at Gartner, in a statement. The small and midsize businesses (SMBs) are driving development as they are becoming more and more conscious of security threats.

The Cloud medium is a natural fit for the needs of SMBs. Its ease of deployment and management, pay-as-you-consume pricing and simplified features make this delivery model attractive for organizations that lack staffing resources,” Contu added.

The enterprise sector by realizing the operational benefits resulting from a Cloud-based security delivery model is also pouring development.

Cloud-based delivery models will remain a popular choice for security practices, with deployment expanding further to controls, such as Cloud-based sandboxing and WAFs,” said Contu.

As per Gartner, by the end of 2017 the public Cloud will be the major delivery model for more than 60 per cent of security applications. “The ability to leverage security controls that are delivered, updated and managed through Cloud and therefore require less time-consuming and costly implementations and maintenance activities is of significant value to enterprises,” added Contu.

YOU MAY ALSO LIKE

Pine Labs Reaffirms its Commitment to Indian Payments Space with Qfix Acquisition

HDFC Bank is Qfix's main distribution partner Pine Labs has announced that it has acquired Qfix, a Mumbai-based online payments startup. This acquisi...

Salesforce Expands into Thailand, Opens Office in Bangkok

Salesforce has announced permanent presence in Thailand by launching its new office in the country’s capital, Bangkok. The permanent presence wi...

GMLL is expected to soon add two more stores to its retail arm ‘Price Mantra’

Garment Mantra Lifestyle, a popular name in the Indian fashion retail segment, recently made an announcement that the company is expanding its retail ...

Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...

RECOMMENDED