Best Practices for IT Security Teams in the Age of Cloud

About a decade ago, organizations were hesitant to adopt cloud solutions, with many citing security concerns.

Fast forward to 2019, and 81% of organizations have a multi-cloud strategy, spurred on by the desire for increased flexibility, usage-based spending and desire to respond to market opportunity with greater agility. In fact, organizations are embracing cloud solutions so much so that Gartner predicts that by 2022, the public cloud services market will grow by 17.5% in 2019 alone; by 2022, the total market will be $331.2B.

According to the Gartner report, of the different segments within the cloud services market, Platform-as-a-service (PaaS) and Infrastructure-as-a-Service (IaaS) are growing the fastest. IaaS is projected to reach $38.9B in 2019, up from $30.5B in 2018 — a 27.5% growth. Similarly, PaaS is projected to grow by 21.8%. This appears to be a sustained trend as more than a third of all organizations regard cloud investment as a top three investment priority.