Protect data on the cloud

2 min read

The business landscape today is changing constantly and a significant number of forward-thinking Indian enterprises are adopting new-age technologies, such as social media, mobility, cloud computing and analytics to enhance business agility and efficiency. Among these, cloud computing seems to be the most discussed and adopted technology in the enterprise sector. The worldwide cloud computing market is expected to grow to $191 billion by 2020, according to analyst firm Forrester, up from $91 billion in 2015.

There are numerous advantages of cloud computing: lower cost, faster time to market, and increased employee productivity. More and more employees use public cloud applications to discuss work-related topics today. However, the security of data on the cloud is a key concern.

While most enterprises are getting better at protecting themselves against traditional threats, new threats mean that IT security is amongst the top business priorities. A recent study by VMware, the $7-billion US-based cloud infrastructure and business mobility firm, points out that while enterprises —large, medium as well as small—are keen to adopt cloud computing to enhance business agility and efficiency, information security and cloud services is expected to have maximum impact on businesses in the next 3-5 years.

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The study, conducted by market research firm Kantar IMRB, identifies key CIO priorities in India for the next three years. As per the research findings, even though enterprises are progressively looking for a modern business environment, they are concerned about having a proper security environment in place owing to the open nature of the Internet and increasing cyber threats. Almost 86% of organisations see their IT budget increasing over the next three years and 80% of businesses are willing to invest time, money and skill on cloud services.

The study surveyed IT leaders and decision makers from a number of Indian companies across various verticals, ranging from medium-sized enterprises to very large organisations.

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Yves Mulkers

Yves Mulkers is the founder of 7wData and a widely followed voice in the data and AI community. He curates the 7wData and AI Beat newsletters, reaching hundreds of thousands of data and AI professionals, and writes on data strategy, analytics, AI, and the evolving data ecosystem.