Click here to close now.



Welcome!

IoT User Interface Authors: Liz McMillan, Elizabeth White, Dana Gardner, Sanjay Zalavadia, AppDynamics Blog

Related Topics: @CloudExpo, Java IoT, Microservices Expo, Containers Expo Blog, Cloud Security, @BigDataExpo

@CloudExpo: Article

It’s Money That Matters in the Cloud… Well, At Least ROI

Cloud security closes the risk versus reward gap

With all the talk of fiscal cliffs sequestrations, financial binds and “next year’s budget,” I started thinking about cloud security in more tangible ways. Specifically returns on investment, economic impact and total costs of ownership. Just like death and taxes, businesses can add intrusion and attack to the list of sureties. I can hear CFOs all over the world sigh in exasperation as they feel pressured to add another expense line item to minimize the building security threats to their enterprises.

Before you add another decimal place to security budgets, maybe it’s time you consider the how cloud-deployed security options can not only address the complexities of enterprise security ably, but do so at considerable savings.

Study after study promotes that a cloud computing model saves organization money. We know that more and more functionality is moving to the cloud. For things like CRM or other standard business applications, it simply makes sense. We recognize the limited time and funding to run and maintain enterprise applications and the cloud provides that great equalizer. This model extends itself to cloud security and security-as-a-service.

First there are the over-arching savings of cloud-computing in general:

  • Elimination of CapEx costs: no hardware or software to buy (Any “cloud” company that asks you to install a server on your premises to monitor your enterprise isn’t cloud)
  • Pay-as-you-go scalable: Most cloud providers can offer considerable cost savings through economies of scale. The ability to adjust the level of service necessary (elastic provisioning) creates flexibility for increased margins and cost-controls.
  • Zero-day start/On demand delivery of service: no waiting time after the service has been purchased to develop and configure a complex system. This means no development hell or waiting for Phase 2 to be complete in order to start reaping benefits.
  • Head count savings: included in most cloud services are the personnel costs (salary, benefits, overhead, churn/hiring costs) a company does not need to invest in more people and gains the benefit of the security expertise and tribal knowledge of the cloud security provider.
  • Best-of breed resource/expertise expansion: Companies improve their overall business agility through proven technologies supported and updated by the core competencies of the developers. Meanwhile CIOs get to move more IT budget to innovation or enablement programs.

But where are the benefits of cloud security from an ROI perspective:

  • 24/7 Availability: Cloud security is about continuous monitoring.  To properly secure the expanding footprint of an enterprise’s IT landscape, there must be the vigilance to catch analyze and remediate issues as quickly as possible. Like a cancer, if security issues go undetected, they can metastasize and spread. Having a professional monitor a network 7/24/365 (in real time) seems like a luxury for Fortune 500 companies. Cloud security makes this option available for the most modest organizations. The holes in security that are created through intermittent monitoring, vague automation settings and periodic machine log reviews will cost an organization.  But continuous monitoring isn’t a cost center. Preventive and proactive security creates reduced risk (without additional man hours) which allows for redeployed resources and a realignment based of business needs.
  • Unification: The agility from the cloud allows companies to leverage the capabilities of various security solutions looking at multiple parts of the enterprise. This includes intrusion detection, credentialing, access, SSO, web authentication and compliance audits. It not only allows an enterprise to acquire more and greater functionality for virtually the same cost, but it also centralizes the collective intelligence and provides the advantage enhanced visibility through correlated and situational context. This, in turn, creates better and faster decisions which streamline resources and save money.
  • Improved productivity Although there are many examples of this within cloud based security, I will point to one (and use future blogs to expound on others). Using identity management, companies can automatically provision and deprovision users. This service alone can save 75% of the requests across the enterprise. Imagine the additional savings when IT is not slogged down with forgotten password requests/resets along with managing credentials. There are studies that prove that this alone saves companies nearly $200K per year. Now with better employee productivity (because this helps solve BYOD issues) and certain portions of your network safe from data theft and leakage, IT can concentrate on business issues that drive revenue.
  • Compliance: Dozens of man hours are typically needed each month to complete all the reports needed to satisfy a regulatory agency auditor; and for most companies, it’s not just one agency, but several. Through real time correlation, most of the work of identifying, capturing, encrypting and storing(or destroying) certain pieces of information and providing the proof  your best practices are in line with internal and external policies is easier. Because of unification, multi-silo collection and security centralization, 75 hours per month becomes 10. And more importantly, the degree of accuracy of the reporting is significantly better.  And with better reports, the threat of fines disappears.

Gartner estimates the annual cost to own and manage traditional on premise security software applications can be 4X the initial purchase. This is chiefly due to the need to acquire and maintain the resources to support the deployment. In many cases, for less than what a company pays for in support and maintenance of these on premise initiatives, they could have twice the capability from the cloud.

When it’s money that matters, the bottom line should be as much about saving as it is spending; as long as the result is a positive return on the investment. Enterprise security is not different. For years seen as a cost center, through cloud-based solutions it can now be redefined as a revenue enablement mechanism. Certainly there are costs involved in a maintaining a safe network perimeter, protecting and securing data and compliance auditing. However, by exploiting the benefits and strengths provided by cloud based security, you can prudently and effectively contain the issues with plentiful resources to reinvest in your core competencies and focus on driving business forward. Security issues will not go away, but you can direct less at them and in return, receive more greater results.

When looking at the cloud in term of security…sometimes you can have your cake and eat it too.

 

Kevin Nikkhoo
www.cloudaccess.com

More Stories By Kevin Nikkhoo

With more than 32 years of experience in information technology, and an extensive and successful entrepreneurial background, Kevin Nikkhoo is the CEO of the dynamic security-as-a-service startup Cloud Access. CloudAccess is at the forefront of the latest evolution of IT asset protection--the cloud.

Kevin holds a Bachelor of Science in Computer Engineering from McGill University, Master of Computer Engineering at California State University, Los Angeles, and an MBA from the University of Southern California with emphasis in entrepreneurial studies.

@CloudExpo Stories
IoT is rapidly changing the way enterprises are using data to improve business decision-making. In order to derive business value, organizations must unlock insights from the data gathered and then act on these. In their session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, and Peter Shashkin, Head of Development Department at EastBanc Technologies, discussed how one organization leveraged IoT, cloud technology and data analysis to improve customer experiences and effi...
Basho Technologies has announced the latest release of Basho Riak TS, version 1.3. Riak TS is an enterprise-grade NoSQL database optimized for Internet of Things (IoT). The open source version enables developers to download the software for free and use it in production as well as make contributions to the code and develop applications around Riak TS. Enhancements to Riak TS make it quick, easy and cost-effective to spin up an instance to test new ideas and build IoT applications. In addition to...
The U.S. Army Intelligence and Security Command (INSCOM) has awarded BAE Systems a five-year contract worth as much as $75 million to provide enhanced geospatial intelligence technical and analytical support. The award was issued under the INSCOM Global Intelligence indefinite delivery, indefinite quantity contract.
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
The idea of comparing data in motion (at the sensor level) to data at rest (in a Big Data server warehouse) with predictive analytics in the cloud is very appealing to the industrial IoT sector. The problem Big Data vendors have, however, is access to that data in motion at the sensor location. In his session at @ThingsExpo, Scott Allen, CMO of FreeWave, discussed how as IoT is increasingly adopted by industrial markets, there is going to be an increased demand for sensor data from the outermos...
CenturyLink has announced that application server solutions from GENBAND are now available as part of CenturyLink’s Networx contracts. The General Services Administration (GSA)’s Networx program includes the largest telecommunications contract vehicles ever awarded by the federal government. CenturyLink recently secured an extension through spring 2020 of its offerings available to federal government agencies via GSA’s Networx Universal and Enterprise contracts. GENBAND’s EXPERiUS™ Application...
Presidio has received the 2015 EMC Partner Services Quality Award from EMC Corporation for achieving outstanding service excellence and customer satisfaction as measured by the EMC Partner Services Quality (PSQ) program. Presidio was also honored as the 2015 EMC Americas Marketing Excellence Partner of the Year and 2015 Mid-Market East Partner of the Year. The EMC PSQ program is a project-specific survey program designed for partners with Service Partner designations to solicit customer feedbac...
"Avere Systems is a hybrid cloud solution provider. We have customers that want to use cloud storage and we have customers that want to take advantage of cloud compute," explained Rebecca Thompson, VP of Marketing at Avere Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Dialogic has announced that ZVRS chose Dialogic® PowerMedia™ XMS software media server as part of its latest video relay and translation service offering. ZVRS uses Dialogic’s PowerMedia XMS technology to provide a robust solution that supports a broad range of legacy devices and any-to-any video capabilities with its flagship Z70 videophone. ZVRS selected Dialogic’s solution to facilitate a release of Z70 that met its stringent requirements for legacy device support (H.263 and H.264) with high...
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discussed how businesses can gain an edge over competitors by empowering consumers to take control through IoT. He cited examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He also highlighted how IoT can revitalize and restore outdated business models, making them profitable ...
So you’ve heard how click-to-call widgets can really enhance a website’s potential for customer interaction and you want to try it out for yourself. Or you’re considering offloading pieces of your VoIP infrastructure, but want to see how that would unfold first. Where can you find this technology, that’s free and available to try out? Spotting the potential in a space where customers can experiment with these types of features, Voxbone is launching The Workshop.
"Tintri was started in 2008 with the express purpose of building a storage appliance that is ideal for virtualized environments. We support a lot of different hypervisor platforms from VMware to OpenStack to Hyper-V," explained Dan Florea, Director of Product Management at Tintri, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
There are several IoTs: the Industrial Internet, Consumer Wearables, Wearables and Healthcare, Supply Chains, and the movement toward Smart Grids, Cities, Regions, and Nations. There are competing communications standards every step of the way, a bewildering array of sensors and devices, and an entire world of competing data analytics platforms. To some this appears to be chaos. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, Bradley Holt, Developer Advocate a...
SYS-CON Events has announced today that Roger Strukhoff has been named conference chair of Cloud Expo and @ThingsExpo 2016 Silicon Valley. The 19th Cloud Expo and 6th @ThingsExpo will take place on November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. "The Internet of Things brings trillions of dollars of opportunity to developers and enterprise IT, no matter how you measure it," stated Roger Strukhoff. "More importantly, it leverages the power of devices and the Interne...
More and more companies are looking to microservices as an architectural pattern for breaking apart applications into more manageable pieces so that agile teams can deliver new features quicker and more effectively. What this pattern has done more than anything to date is spark organizational transformations, setting the foundation for future application development. In practice, however, there are a number of considerations to make that go beyond simply “build, ship, and run,” which changes ho...
Predictive analytics tools monitor, report, and troubleshoot in order to make proactive decisions about the health, performance, and utilization of storage. Most enterprises combine cloud and on-premise storage, resulting in blended environments of physical, virtual, cloud, and other platforms, which justifies more sophisticated storage analytics. In his session at 18th Cloud Expo, Peter McCallum, Vice President of Datacenter Solutions at FalconStor, discussed using predictive analytics to mon...
The cloud promises new levels of agility and cost-savings for Big Data, data warehousing and analytics. But it’s challenging to understand all the options – from IaaS and PaaS to newer services like HaaS (Hadoop as a Service) and BDaaS (Big Data as a Service). In her session at @BigDataExpo at @ThingsExpo, Hannah Smalltree, a director at Cazena, provided an educational overview of emerging “as-a-service” options for Big Data in the cloud. This is critical background for IT and data profession...
The initial debate is over: Any enterprise with a serious commitment to IT is migrating to the cloud. But things are not so simple. There is a complex mix of on-premises, colocated, and public-cloud deployments. In this power panel at 18th Cloud Expo, moderated by Conference Chair Roger Strukhoff, Randy De Meno, Chief Technologist - Windows Products and Microsoft Partnerships at Commvault; Dave Landa, Chief Operating Officer at kintone; William Morrish, General Manager Product Sales at Interou...
The pace of innovation, vendor lock-in, production sustainability, cost-effectiveness, and managing risk… In his session at 18th Cloud Expo, Dan Choquette, Founder of RackN, discussed how CIOs are challenged finding the balance of finding the right tools, technology and operational model that serves the business the best. He also discussed how clouds, open source software and infrastructure solutions have benefits but also drawbacks and how workload and operational portability between vendors ...
In addition to all the benefits, IoT is also bringing new kind of customer experience challenges - cars that unlock themselves, thermostats turning houses into saunas and baby video monitors broadcasting over the internet. This list can only increase because while IoT services should be intuitive and simple to use, the delivery ecosystem is a myriad of potential problems as IoT explodes complexity. So finding a performance issue is like finding the proverbial needle in the haystack.