The initial phase of the cloud transition is nearly done, with more than three-quarters of enterprises pushing at least a portion of their workload to public infrastructure.
As expected, however, most of this is non-critical data and applications and is largely limited to storage and backup services rather than production workloads. So it stands to reason that the next leg of the cloud journey will involve mission-critical workloads – the stuff that sets the corporate suite’s hair on fire if it should cease to function for any reason.
This is why the growth of cloud computing is likely to slow down some as we approach the next decade. It’s not that the enterprise is growing tired of the cloud or is starting to see more of its flaws (yes, the cloud does have flaws), but that future deployments will have to be handled with more care as the stakes get higher. Not only will cloud services have to be more resilient going forward, but they will be increasingly optimized from the ground up to suit highly targeted processes, which takes time and coordination between users and providers.
Morgan Stanley Blue Papers, a product of our Research Division, involve collaboration from analysts, economists and strategists across the globe and address long-term, structural business changes that are reshaping the fundamentals of entire economies and industries around the globe.
Given the growing severity and frequency of cyberattacks, it’s no surprise that organizations of all sizes are spending more money to shore up their digital defenses. The market for cybersecurity products and services is expected to surpass $60 billion in 2016, and that figure could double by 2020.
Unfortunately, more security doesn’t necessarily mean better security. In fact, the current strategy of most organizations—layering on many different technologies—is not only proving ineffective, it is overly complex and expensive. “The status quo is not sustainable,” says Keith Weiss, head of U.S. software coverage for Morgan Stanley. Even as companies spend more on security, losses related to cybercrime have nearly doubled in the last five years.
I would think that the one area in the network infrastructure that is a security priority for IT and security administrators is privileged accounts that control access to servers, firewalls, applications, and so on. There is a reason why so few people in any organization hold login credentials for these accounts. Can you imagine how much damage can be done if too many people had access to this sensitive hardware and software and their login information ended up in the wrong hands? As TechTarget pointed out:
In the wrong hands, privileged accounts represent the biggest threat to enterprises because these accounts can breach personal data, complete unauthorized transactions, cause denial-of-service attacks, and hide activity by deleting audit data.
Having a solid privileged account management (PAM) system in place is vital not only in terms of security, but also for meeting industry compliances and regulations. That makes the results of a new Thycotic study, which found that too many companies are failing at PAM security enforcement, particularly troublesome. As explained on Thycotic’s blog post about the study:
At this point, anyone with access to a smartphone or any media source has heard of Pokemon Go, Nintendo’s augmented reality game for smartphones. The game requires players to go outside and explore their surroundings in order to find and catch new Pokemon. The app exploded onto the scene, with over 20 million daily active users after only one week in the app store.
There have been countless articles flooding the internet since the game’s release on July 6th discussing the unintended side effects of people playing the game. These can include people not looking where they’re going and falling, criminals luring players into secluded areas, etc. While these effects can all turn into (and likely already are) entire discussions on their own, there is one undeniable fact about Pokemon Go. It’s popular. Really popular. But what is it that is so appealing about the app? And how can we use the lessons from its immediate and extraordinary success to improve our own industries and solutions?
The first half of 2016 saw at least six individual billion-dollar insured disaster events globally, three of which occurred in the United States, according to Aon Benfield’s Global Catastrophe Recap: First Half of 2016.
Four of these events crossed the multi-billion dollar threshold ($2 billion and greater).
As seen in the chart above the most costly event was a series of earthquakes that struck Japan’s Kumamoto prefecture in April with total insured losses—including losses due to physical damage and business interruption—expected to total in excess of $5 billion.
The Federal Emergency Management Agency (FEMA) is announcing the release of the State Mitigation Planning Key Topics Bulletin: Planning Process, now available in the FEMA library at http://www.fema.gov/media-library/assets/documents/115780. The Planning Process Bulletin focuses on ways states can organize the state mitigation planning process, including approaches for growing the planning team, involving key stakeholders, and maintaining the plan between updates. This bulletin also provides information on seven key planning sectors (emergency management, economic development, land use and development, housing, health and social services, infrastructure, and natural and cultural resources) and how these sectors can be leveraged to improve the plan.
The Planning Process Bulletin is the second document to be released in the State Mitigation Planning Key Topics Bulletins (“Bulletins”) series covering the various components of the state mitigation planning process, including risk assessment, mitigation capabilities, and mitigation strategy. The Bulletins are brief documents aimed at informing states, the District of Columbia, and five U.S. Territories on the various ways to meet the regulatory and policy requirements described in the State Mitigation Plan Review Guide (“Guide”), which became effective March 6, 2016. The Guide presents FEMA’s official policy on and interpretation of the natural hazard mitigation planning requirements for states established in the Code of Federal Regulations (44 CFR Part 201). While the Guide provides FEMA’s policy and interpretation of State Mitigation Planning requirements, the Bulletins are intended to provide approaches and resources states can use to update their hazard mitigation plans.
For more information and updates on FEMA’s Hazard Mitigation Planning Program, please visit http://www.fema.gov/hazard-mitigation-planning-resources.
Certification Allows More Businesses to Reap the Benefits of Flash Storage Performance for Cloud Services
SANTA CLARA, Calif. – Violin Memory®, Inc., (NYSE: VMEM), a global pioneer of award-winning all flash storage platform solutions for primary storage and active workloads, today announced the company has obtained Mirantis Certification for OpenStack Block Storage (Cinder) that will give businesses and service providers the ability to leverage Violin's Flash Storage Platform™ (FSP) in both private and hybrid cloud computing environments. The company's commitment to use of cloud by the enterprise is evidenced by this latest certification, which will impact and benefit the businesses that are part of one of the largest distributions of OpenStack in the market: the Mirantis user base.
This certification ensures that Violin's FSP has been tested and is supported for use with this commercial distribution to provide consistent low latency, high performance and compatibility.
As a leading OpenStack distribution, the Mirantis platform has become a key platform on which many businesses have built private and hybrid cloud computing environments to support Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and Software-as-a-Service (SaaS).
"Through our compatibility with OpenStack and Mirantis, Violin continues to fulfill its ongoing promise to support a growing customer base of cloud service providers and enterprises deploying private and hybrid clouds," said Sudhir Prasad, Senior Director, Product Management. "This certification will allow businesses to leverage the high-performing capabilities of Violin's Flash Storage Platform."
For more information on Violin Memory's latest Mirantis certification, its Flash Storage Platform and more please visit http://www.violin-memory.com/.
Related Links and Conversations:
- Learn about OpenStack and Violin Memory Architecture
- Learn about flash storage technologies: visit Violin's resource library and watch our technology video series
- Learn about flash solutions: visit Violin's portfolio of flash-based solutions
- Stay up to date on all things Flash: Follow Violin's blog, Twitter, LinkedIn and Facebook
About Violin Memory, Inc.:
Be Instrumental. Violin Memory, the industry pioneer in All Flash Arrays, is revolutionizing how businesses operate and by enabling IT to Be Instrumental to the organization by through unlocking the power of data. The consistent high-throughput and predictable low latency showcased by the Flash Storage Platform™ is combined with Concerto™ OS 7, a fully integrated storage operating system that enables complete data protection, business continuity, and data reduction services. Violin Memory's innovative single storage platform solution delivers transformative performance for cloud, enterprise, virtualized business and mission-critical storage applications. The Violin Flash Storage Platform is designed to consolidate high performance and primary storage workloads onto a flexible, uniquely scalable solution called Scale Smart™ while achieving substantive CAPEX and OPEX savings. Founded in 2005, Violin Memory is headquartered in Santa Clara, California. For more information, visit www.violin-memory.com. Follow us on Twitter @ViolinMemory.
Violin Memory Forward-looking Statements
This public announcement contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements with respect to the following: the ability of customers to leverage Violin Memory's FSP in private and hybrid cloud computing environments; the potential impact upon and benefits to the Mirantis user base resulting from the certification; Violin Memory's ability to support a growing customer base of cloud service providers and enterprises deploying private and hybrid clouds; the potential benefits to Violin Memory's customers resulting from the certification; and Violin Memory's business plans and strategy. There are a significant number of risks and uncertainties that could affect Violin Memory's business performance and financial results, including those set forth under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations," in Violin Memory's quarterly report on Form 10-Q for the first quarter of fiscal year 2017, which was filed with the U.S. Securities and Exchange Commission, and which is available on the Violin Memory's investor relations website at investor.violin-memory.com and on the SEC's website at www.sec.gov. All forward-looking statements in this public announcement are based on information available to Violin Memory as of the date hereof, and Violin Memory does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.
ALSO expands its offering with the CANCOM AHP ENTERPRISE CLOUD (AHP) and now is the first marketplace to introduce these widely used enterprise cloud services with seamless, automated delivery. Convinced by the advantages of the solution ALSO will also implement the suite in its own organisation for roughly 4000 users
EMMEN, SWITZERLAND – "Enterprise customers from 250 users and up face the challenge to build an integrated yet efficient, secure and scalable IT-environment. With AHP customers benefit from a fully automated virtual workplace solution without having to compromise in usability, performance or user specific applications. This offering helps our resellers to step up in the value chain and deliver a complete and seamless solution to their customers", said Prof. Dr. Gustavo Möller-Hergt, CEO of ALSO Holding AG.
AHP brings together both public cloud services and customers' legacy applications in one, integrated and automated suite while offering comprehensive data transparency. Customers can provide their employees an always-on desktop experience with the highest security standards and user experience while benefitting from a perfectly transparent overview of IT-costs - down to the smallest granularity.
"We are very excited to partner with ALSO, the leading European solutions aggregator. Together we will enable resellers worldwide - initially excluding Germany - to higher value business in the cloud era with our AHP solution. We are happy to start the international expansion together with ALSO," said Rudolf Hotter, COO, CANCOM Group.
AHP will be available soon in the ALSO Cloud Marketplace in Switzerland, Norway, Sweden, Denmark, Finland and Eastern Europe. For further information and access to the ALSO Cloud Marketplace, please visit: www.also.cloud
Direct link to the press release: http://www.also.com/goto/20160720en
ALSO Holding AG (Emmen/Switzerland) brings providers and buyers of the ICT industry together. The company offers services at all levels of the ICT value chain from a single source. In the European B2B marketplace, ALSO bundles logistics services, financial services, supply services, solution services, digital services, and IT services together into individual service packages. ALSO's portfolio contains more than 160 000 articles from some 350 vendors. The Group has around 3 600 employees throughout Europe. In fiscal year 2015 (closing on December 31), the company generated net sales of 7.8 billion euros. The majority shareholder of ALSO Holding AG is the Droege Group, Düsseldorf, Germany. Further information is available at www.also.com.
Droege Group (founded in 1988) is an independent consultancy and investment company under full family ownership. The company acts as a specialist for tailor-made restructuring programs with the aim of enhancing corporate value. Droege Group combines its corporate family-run structure and capital strength into a family-equity model. The group carries out direct investments in corporate subsidiaries and medium-sized companies in "special situations" with the use of equity. The motto of "The Art of Implementation" has made the group into a pioneer among hands-on implementation-oriented consultancies. Droege Group demonstrates its implementation excellence daily within its own portfolio. The seven corporate platforms which exist at present are aligned to the current megatrends (mobility, prevention, digitalization, demography, etc.). Enthusiasm for quality, innovation and speed determines our actions. In this way Droege Group has successfully gained a position in the domestic and international markets and operates with over 120 companies in 30 countries. In 2015 the sales volume of Droege Group was 9.2 billion euros.
More information: www.droege-group.com
As a Cloud Transformation Partner, systems integrator and managed services provider, the CANCOM Group delivers a forward-looking, business-oriented range of solutions, providing significant added value for companies' business success. Its own cloud solution for enterprises makes CANCOM the first mover in the emerging cloud computing market and allows it to introduce its customers to the New Way of Computing with analysis, consulting, implementation and services, making it an IT- and business-transformation partner for its clients. The internationally active group of companies with its approximately 2,700 employees and a powerful partner network ensure presence and proximity to clients for example in Germany, Austria, Switzerland, Belgium and the United States, among other locations. CANCOM SE, which is listed on the TecDAX and based in Munich, is headed by Klaus Weinmann (founder and CEO) and Rudolf Hotter (COO). The group achieves annual sales revenues of more than 930 million euros
More information: www.cancom.com
This press release contains forward-looking statements which are based on current assumptions and forecasts of the ALSO management. Known and unknown risks, uncertainties, and other factors could lead to material differences between the forward-looking statements made here and the actual development, in particular the results, financial situation, and performance of our Group. The Group accepts no responsibility for updating these forward-looking statements or adapting them to future events or developments.
RedSeal Announces Japan Subsidiary, Country Manager and Fujitsu Systems East Reseller Partnership
SUNNYVALE, Calif. – RedSeal (redseal.co), the cybersecurity analytics company, today announced it has established a Japanese subsidiary, RedSeal KK. Led by newly appointed country manager, Hiroki Inoue, RedSeal KK will provide sales, marketing and technical support to its growing customer and distribution base. The RedSeal cybersecurity analytics platform has achieved fast traction in Japan through a strong distribution network, which has now been further enhanced with the addition of Fujitsu Systems East Ltd. (FEAST).
The network resilience and cybersecurity preparedness that RedSeal provides is resonating well in the Japan market as attention and investment in cybersecurity across corporate and government agencies grows. IDC Japan predicts 19 percent growth in the Japanese Cyber Security Market in 2016, reaching $2.7 billion.
"Our customers expect us to provide the most advanced cybersecurity solutions," noted Keiichi Yamamura, corporate executive officer of Fujitsu Systems East Ltd. "With the addition of RedSeal to our cybersecurity offering, we can now deliver network security consulting, digital resilience monitoring, and verification services to our customers, helping them build highly resilient digital networks and businesses."
This growth in Japan has, in part, been spurred by a series of high profile attacks, awareness of increased exposure around the Tokyo 2020 Summer Olympics, and government initiatives including the Basic Act on Cybersecurity in 2013, and the recent creation of the National Center of Incident Readiness and Strategy for Cybersecurity (NISC) to coordinate government responses on cybersecurity-related issues.
"There is heightened awareness at the CEO level, and across government agencies in Japan, that measuring and maintaining digital resilience is a priority. RedSeal delivers exactly to this priority," noted Ray Rothrock, chairman and CEO of RedSeal. "By providing organizations the tools to build digital resilience into their networks before attacks, we enable them to get ahead of the ongoing, automated, and ever more sophisticated attacks."
The RedSeal cybersecurity analytics platform helps customers understand the state of their networks, measure resilience, verify compliance and accelerate incident response. It analyzes customers' networks and automatically builds a virtual network model to provide continuous monitoring and visibility into potential vulnerabilities. The platform also delivers the RedSeal Digital Resilience Score, to measure, benchmark, and set targets to actively manage the digital resilience of a customer's network and security infrastructure.
"We have built success on offering the best and most efficient network and security solutions available," said Takao Tsubuki, president of Terilogy. "Partnering with RedSeal, we are now able to extend our solutions to include cybersecurity analysis solutions for network infrastructure."
In addition, Susumu Watanabe, president of NVC (Network Value Components) commented, "NVC brings an unparalleled breadth and depth of world class network and security solutions to the Japan market. The RedSeal cybersecurity analytics platform is a valuable addition to our security portfolio."
RedSeal puts power in decision makers' hands with the essential cybersecurity analytics platform for building digitally resilient organizations. RedSeal's Digital Resilience Score, modeled after a creditworthiness score, measures how prepared an organization is to respond to an incident and quickly rebound. The company's platform adds value to existing network devices by working with them and building a network model. With this, customers can understand the state of their networks, measure resilience, verify compliance, and accelerate incident response. RedSeal's customers are Global 2000 corporations and government agencies that depend on the most sophisticated security. Founded in 2004, RedSeal is headquartered in Sunnyvale, California and serves customers globally through a direct sales and channel partner network.
SAN ANTONIO, Texas – As OpenStack continues to become the leading private cloud choice, many companies have found that operating a private cloud is complicated. This complexity, along with the lack of OpenStack talent available in today's market, has created a challenge for companies as they look to adopt OpenStack as a private cloud.
By offering OpenStack private clouds as a service, the Rackspace Managed OpenStack Private Cloud product portfolio solves this problem for enterprises, providing customers a scalable, production ready private cloud in any data center.
Continuing to bring operational expertise to best of breed cloud technologies, Rackspace launched Rackspace Private Cloud powered by Red Hat in February, combining the support-focused practices of Rackspace and Red Hat together into a managed OpenStack private cloud solution.
For more information on Rackspace Private Cloud powered by Red Hat, check out the blog post: http://blog.rackspace.com/rackspace-red-hat-enterprise-linux-openstack/