Cloud account compromises costs organisations £4.5m annually

An open padlock.

The average cost of cloud account compromises reached $6.2 million (£4.5m) over a 12-month period according to more than 600 IT and IT security professionals in the US.

This finding is the most revealing of many from a new report on ‘The Cost of Cloud Compromise and Shadow IT’ released by Proofpoint, a cybersecurity and compliance company, and the Ponemon Institute, an IT security research organisation.

Of the respondents, 68% believe cloud account takeovers present...

SaaS is the way – and the way is SaaS: Exploring new market moves

SaaS (software as a service) is not a new term and has shown continued adoption and growth year on year since the term first appeared fifteen years ago, with its commonality and mass adoption only growing over time. With its innate scalability and flexibility, SaaS took advantage of the new public cloud market. Today we find ourselves at a time where SaaS is taking over the cloud computing market and according to Bloomberg, public cloud platforms, business services, and applications (SaaS)...

Gartner sees surge in public cloud spend as CIOs shed migration inhibitions

Global end user spending on public cloud services is forecast to grow to $332 billion in 2021 at a yearly growth of 23.1%, according to the latest figures from Gartner.

Software as a service (SaaS) continues to be the largest bucket, representing almost 37% of total spend in 2021. Infrastructure as a service (IaaS) represents almost a quarter, with platform as a service (PaaS) at 17.9% and business process as a service (BPaaS) at 15%.

In terms of growth, desktop as a...

Accenture: How to get cloud migration right in the rush for digital transformation

Cloud technology was a vital lifeline for organisations disrupted by Covid-19. For many it was all that kept the lights on, allowing them to quickly build and scale their remote services and operations. Accenture’s recent Technology Vision 2021 report found that 82% of organisations are ramping up their use of cloud in a direct response to the pandemic.

However, as businesses look to recover from the crisis the conversation has changed around cloud. Enterprises operating during...

As the global SaaS market surges, who pays for the energy to power it?

Few consumers think about the electricity that powers their applications. But for the enterprise sector, whose reliance on SaaS is growing, this is not something that can be ignored.

That leaves many questions. How is the energy use and cost being priced into the services such as SaaS? Are SaaS providers paying too much for power?

SaaS providers are focused on cost per transaction; meaning this becomes a question for the data centre operator. Should SaaS providers demand...

The best cloud and enterprise software companies for remote jobs in 2021 – according to Glassdoor

Glassdoor shows 3,937 companies in the middle of a hiring surge during Covid-19, 960 of which are in information technologyLeading software companies going through a hiring surge right now include Aha! Software, Appen, Clevertech, CrowdStrike, Datadog, Dataiku, Fastly, Hashicorp, Leidos, Liveops, Netskope, Proofpoint, Rackspace, Zapier and ZendeskModern Tribe, Dataiku, Zapier, PartnerCentric, Slack, Fuse, ScienceLogic and SAP are the highest rated companies by their employees on Glassdoor who...

Software dominates the Deloitte 2020 Tech Fast 500 – with 71% of all companies chosen

Software companies continue to deliver the highest growth rates for the 25th straight year, representing 71% of the entire list, the highest-ever percentage in the history of the rankings 353 of the 500 fastest-growing companies in North America are in the software industry according to Deloitte’s 2020 Tech Fast 500, the most ever in the history of their rankings and a 3% increase over last year Two of the ten fastest-growing companies over the last three years specialise in cybersecurity,...

Zoom makes Amazon Web Services its preferred cloud provider

Amazon Web Services (AWS) has 'extended its strategic relationship' with videoconferencing provider Zoom, casting doubt on the latter's dealings with Oracle.

Amid the plethora of announcements which have come out of re:Invent, AWS' major annual event, this week, the news that Zoom is using AWS as its preferred cloud provider flew somewhat under the radar.

AWS made the point that Zoom had been a customer since 2011, with the companies 'collaborating to develop new...

Squaring the SaaS triangle: Execs and engineers see their cloud investments differently

For any project, the triangle of good, fast, and cheap usually applies - where you can only pick two of the three options.

When moving to a cloud-based software as a service (SaaS) solution, this means application performance, code delivery and iteration, and budget. Yet according to a new study from cloud optimisation provider Opsani, business leaders and DevOps engineers maintain differing views on the success of their cloud rollouts.

The study compared research from a...

How SaaS companies can build on their popularity with a good digital marketing strategy

With the Covid-19 pandemic forcing firms to allow more home and remote working, SaaS offerings are seeing large subscription increases. Recent figures reported by market research company Technavio suggests the global SaaS market could grow to over $60 billion in 2023.

So what happens when a working vaccine becomes available - which according to recent media reports is on the horizon - and people can resume their normal working routine at the office? How can SaaS firms ‘seize the...