Security News
The importance of networking to and within cloud environments has grown significantly for enterprise customers as more and more applications, workloads, and data are moved to the cloud, according to IDC. IDC estimates that worldwide revenue for public cloud-based infrastructure as a service networking services will reach $19.4 billion in 2023. "IaaS network services play a critical role in helping organizations build modern digital IT and business capabilities that have all the cloud characteristics of agility, flexibility, resilience, elasticity, and scalability," said Taranvir Singh, research manager, Cloud Networking Services, IDC. IDC defines IaaS networking as public cloud-based IaaS network services in which all the network infrastructure and services are elastic and on demand.
In 2021, Dell, Intel, and VMware commissioned a custom study from Forrester Consulting to understand today's IT and business requirements for infrastructure, data storage, and application performance. We found that, though many businesses prefer to keep their infrastructure and data on-premises, they are adopting infrastructure-as-a-service to proactively optimize their deployment strategy across a hybrid of public cloud and private cloud infrastructure for IT and business gains.
The infrastructure-as-a-service market to expand at a CAGR of 28.5% during the forecast period from 2021 to 2031, according to Transparency Market Research. Rising practice of enterprises to rent or lease cloud servers for computing and data storage fuels the growth of the IaaS market.
The combined public cloud IaaS and PaaS market is forecast to have revenues of $400 billion in 2025 with a compound annual growth rate of 28.8% during the 2021-2025 forecast period, according to IDC. Application development and testing, structured data management, and structured data analytics will be the largest workload segments by revenue share. "Enterprise spending on public cloud infrastructure continues to grow faster than traditional IT infrastructure segments," said Andrew Smith, research manager Cloud Infrastructure Services at IDC. "We expect all workload segments to grow in the double digits - some slightly faster than others - as enterprises emerge from 2020 and continue to prioritize workload migration and modernization using public cloud infrastructure."
Infosys announced the renewal of its strategic collaboration with Select Portfolio Servicing to implement its Cobalt-powered infrastructure as a service solution in collaboration with Hitachi Vantara. Through this engagement, Infosys will offer SPS next-generation hybrid cloud, infrastructure services, and application services for the next five years.
FedHIVE announced it became the first small-business provider to secure FedRAMP High Impact Baseline Provisional Authority to Operate for its Infrastructure-as-a-Service and Platform-as-a-Service capabilities. FedHIVE's FedRAMP authorization lowers barriers to entry for prospective contractors by facilitating market access and streamlines digital transformation by directly supporting the journey.
In one of former President Donald Trump's last acts in office, he signed an executive order that forces US cloud companies to keep track of any foreign customers. The executive order also allows the Department of Commerce to block certain IaaS companies from providing services to known hackers, people known to have sold accounts to hackers, or people from countries that have been the source of many cloud-enabled cyberattacks.
As the "As-a-service" cloud model revolutionizes the way businesses of all sizes use technology, a study released by AppDirect reveals that SMBs are eagerly adopting infrastructure as a service and that they prefer to purchase solutions from resellers. "Our report shows that SMBs are eager to adopt IaaS, but they want trusted partners to help them scale the solutions that are best for their businesses. There's a huge IaaS opportunity for IaaS resellers who offer the products and ease of use that SMBs want."
SailPoint Technologies Holdings, the leader in identity management, introduced identity governance for IaaS platforms, resources and workloads. With two new cloud governance services available as part of the SailPoint Predictive Identity platform, enterprises can now extend identity governance across cloud platforms and resources for all users, including both regular and privileged users plus the non-human users whose access is prevalent in these environments.
Although the total number of IaaS cloud vulnerabilities is still small and the technology relatively young, volumes are increasing year-over-year at a steady rate, an expected to hit 50-percent...