Welcome!

Machine Learning Authors: Rajeev Kozhikkattuthodi, Ashish Nanjiani, Liz McMillan, Elizabeth White, Pat Romanski

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
Cloud promises the agility required by today’s digital businesses. As organizations adopt cloud based infrastructures and services, their IT resources become increasingly dynamic and hybrid in nature. Managing these require modern IT operations and tools. In his session at 20th Cloud Expo, Raj Sundaram, Senior Principal Product Manager at CA Technologies, will discuss how to modernize your IT operations in order to proactively manage your hybrid cloud and IT environments. He will be sharing bes...
A look across the tech landscape at the disruptive technologies that are increasing in prominence and speculate as to which will be most impactful for communications – namely, AI and Cloud Computing. In his session at 20th Cloud Expo, Curtis Peterson, VP of Operations at RingCentral, highlighted the current challenges of these transformative technologies and shared strategies for preparing your organization for these changes. This “view from the top” outlined the latest trends and developments i...
Automation is enabling enterprises to design, deploy, and manage more complex, hybrid cloud environments. Yet the people who manage these environments must be trained in and understanding these environments better than ever before. A new era of analytics and cognitive computing is adding intelligence, but also more complexity, to these cloud environments. How smart is your cloud? How smart should it be? In this power panel at 20th Cloud Expo, moderated by Conference Chair Roger Strukhoff, paneli...
Hardware virtualization and cloud computing allowed us to increase resource utilization and increase our flexibility to respond to business demand. Docker Containers are the next quantum leap - Are they?! Databases always represented an additional set of challenges unique to running workloads requiring a maximum of I/O, network, CPU resources combined with data locality.
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex software systems for startups and enterprises. Since 2009 it has grown from a small group of passionate engineers and business...
SYS-CON Events announced today that GrapeUp, the leading provider of rapid product development at the speed of business, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company, specialized in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market acr...
SYS-CON Events announced today that Ayehu will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on October 31 - November 2, 2017 at the Santa Clara Convention Center in Santa Clara California. Ayehu provides IT Process Automation & Orchestration solutions for IT and Security professionals to identify and resolve critical incidents and enable rapid containment, eradication, and recovery from cyber security breaches. Ayehu provides customers greater control over IT infras...
SYS-CON Events announced today that Datanami has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Datanami is a communication channel dedicated to providing insight, analysis and up-to-the-minute information about emerging trends and solutions in Big Data. The publication sheds light on all cutting-edge technologies including networking, storage and applications, and the...
Artificial intelligence, machine learning, neural networks. We’re in the midst of a wave of excitement around AI such as hasn’t been seen for a few decades. But those previous periods of inflated expectations led to troughs of disappointment. Will this time be different? Most likely. Applications of AI such as predictive analytics are already decreasing costs and improving reliability of industrial machinery. Furthermore, the funding and research going into AI now comes from a wide range of com...
SYS-CON Events announced today that EnterpriseTech has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. EnterpriseTech is a professional resource for news and intelligence covering the migration of high-end technologies into the enterprise and business-IT industry, with a special focus on high-tech solutions in new product development, workload management, increased effi...
SYS-CON Events announced today that SourceForge has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. SourceForge is the largest, most trusted destination for Open Source Software development, collaboration, discovery and download on the web serving over 32 million viewers, 150 million downloads and over 460,000 active development projects each and every month.
In this presentation, Striim CTO and founder Steve Wilkes will discuss practical strategies for counteracting fraud and cyberattacks by leveraging real-time streaming analytics. In his session at @ThingsExpo, Steve Wilkes, Founder and Chief Technology Officer at Striim, will provide a detailed look into leveraging streaming data management to correlate events in real time, and identify potential breaches across IoT and non-IoT systems throughout the enterprise. Strategies for processing massive ...
"Our strategy is to focus on the hyperscale providers - AWS, Azure, and Google. Over the last year we saw that a lot of developers need to learn how to do their job in the cloud and we see this DevOps movement that we are catering to with our content," stated Alessandro Fasan, Head of Global Sales at Cloud Academy, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We focus on composable infrastructure. Composable infrastructure has been named by companies like Gartner as the evolution of the IT infrastructure where everything is now driven by software," explained Bruno Andrade, CEO and Founder of HTBase, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
SYS-CON Events announced today that Conference Guru has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. A valuable conference experience generates new contacts, sales leads, potential strategic partners and potential investors; helps gather competitive intelligence and even provides inspiration for new products and services. Conference Guru works with conference organi...
SYS-CON Events announced today that Cloud Academy named "Bronze Sponsor" of 21st International Cloud Expo which will take place October 31 - November 2, 2017 at the Santa Clara Convention Center in Santa Clara, CA. Cloud Academy is the industry’s most innovative, vendor-neutral cloud technology training platform. Cloud Academy provides continuous learning solutions for individuals and enterprise teams for Amazon Web Services, Microsoft Azure, Google Cloud Platform, and the most popular cloud com...
What's the role of an IT self-service portal when you get to continuous delivery and Infrastructure as Code? This general session showed how to create the continuous delivery culture and eight accelerators for leading the change. Don Demcsak is a DevOps and Cloud Native Modernization Principal for Dell EMC based out of New Jersey. He is a former, long time, Microsoft Most Valuable Professional, specializing in building and architecting Application Delivery Pipelines for hybrid legacy, and cloud ...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
21st International Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Me...
"Tintri focuses on the Ops side of the DevOps, which basically is pushing more and more of the accessibility of the infrastructure to the developers and trying to get behind the scenes," explained Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.