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With major cloud providers buying into confidential computing, enterprises can migrate to the cloud with ease and start gaining true value from their data.

Gartner forecasts cloud spending to grow 20.7% in 2023, to total $591.8 billion. The time, risk, and cost associated with refactoring and migrating legacy workloads are often the top barriers to cloud adoption. Even with these risks, as data becomes more valuable, organizations have opted to invest in cloud technology to not only store their sensitive data but to enable cross-department and organization collaboration.

The healthcare and financial services industries have been particularly resistant to cloud migration, and rightfully so due to the highly sensitive nature of the data they handle. However, the emergence of confidential computing projected to be a $54B market by 2026 by the Everest Group presents a solution where banks, for example, could pool their data together to detect fraud and human trafficking more effectively without exposing that data to each other, third-party cloud providers, or the system on which its running. Enterprises need a guarantee that their data is protected. Data loss or leaks are not an option, especially in healthcare and financial services. By utilizing confidential computing, organizations get that security guarantee and ease concerns around cloud migration, understanding that their data is protected from end-to-end, even during computation. Before we dig into how confidential computing can ease hesitation around cloud adoption, lets first look at whats driving that hesitation.

See also: Survey Finds Still Way Too Much Data Insecurity in the Cloud

Hesitation around the cloud

Traditional encryption methods such as protecting partially homomorphic encryption (PHE) or fully homomorphic encryption (FHE) use techniques that protect data-at-rest or data-in-motion to ensure security. But a major security problem occurs when the data needs to be actually used.

Traditional approaches to protecting data-in-use often rely on enforcing restrictive access controls. This entire approach, however, is susceptible to human error and policy misconfigurations that often go undetected. Even with privileged access technology in place, protection against credential leakage can not be maintained leading to unauthorized actors

being able to access sensitive data.

These traditional methods of cloud data security have failed at providing a high level of security during the joint analytics process. This has left corporations incapable of reaping the full benefits of cloud computing and having to instead weigh the unbalanced costs between security and convenience, leading to hesitation in adopting the technology in the first place.

See also: Understanding Unified Security in a Cloud World

The key? Securing data in use

Enterprises need a solution that provides additional confidentiality guarantees while not forcing a trade-off between security and compliance.

Confidential Computing alleviates top enterprise concerns and ensures that sensitive data will remain secure not only in storage but in use. The use of secure enclaves enables data to be stored in Trusted Execution Environments (TEEs), where the data remains highly secure, allowing the technology to aggregate data from multiple sources and perform collaborative analytics. Secure enclaves provide a more efficient and less susceptible solution to data privacy. The environment is inaccessible by other applications, users, or processes colocated on the system, leaving no room for the doubt homomorphic encryption provides.

Confidential computing technology provides a unique way to securely share data and analyze it between multiple parties while maintaining complete confidentiality. If someone gains access to the secure enclaves or the overall operating system, the technology will block access, and the user will not be able to see any memories in the enclave or tamper with the code inside. This encryption process prevents any type of hacking and guarantees the highest level of security.

By adopting secure enclaves and utilizing the full power of confidential computing, the current security hesitations are eliminated. Confidential computing provides an environment that allows teams to know that their data is being protected in the most efficient way possible and grants a more collaborative ecosystem. All of the major cloud providers have already bought into the technology, and as confidential computing continues to explode, enterprises can migrate to the cloud with ease and start gaining true value from their data.

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Confidential Computing Eases Hesitancy Around Cloud Adoption - RTInsights

NASHUA, N.H., March 30, 2023 (GLOBE NEWSWIRE) -- Dresner Advisory Services today published the 2023 Cloud Computing and Business Intelligence Market Study, part of Dresners Wisdom of Crowds series of research. The 12th annual report examines end user deployment trends and attitudes toward cloud computing and business intelligence (BI). Cloud is defined as the technologies, tools, and solutions that employ one or more cloud deployment models.

Throughout the 12 years of our focused cloud BI study, we have observed a trending increase in current use of public cloud use and a trending decrease in the percentage of organizations with no plans for public cloud BI. Indeed, the trend lines for these variables intersect for the first time this year, said Jim Ericson, research director at Dresner Advisory Services.

According to the report, cloud and software as a service (SaaS) ranks 6th among the 59 topics under study. Sixty-eight percent of respondents say cloud BI is either critical or very important in 2023. The number or organizations currently using cloud BI is near an all-time high with 58 percent reporting current use.

Its exciting to see the progress of cloud computing and BI over the course of 12 years, said Howard Dresner, founder and chief research officer at Dresner Advisory Services. In 2012 few organizations were embracing public cloud as an option and today its considered mainstream.

Wisdom of Crowds research is based on data collected on usage and deployment trends, products, and vendors. Users in all roles and throughout all industries contributed to provide a complete view of realities, plans, and perceptions of the market. For more information visit http://www.dresneradvisory.com.

About Dresner Advisory Services Dresner Advisory Services was formed by Howard Dresner, an independent analyst, author, lecturer, and business adviser.Dresner Advisory Services, LLC focuses on creating and sharing thought leadership for Business Intelligence (BI), Performance Management, and related areas.

Press contact:Danielle GuinebertiereDresner Advisory ServicesDanielle@dresneradvisory.com978 254 5587

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Dresner Advisory Services Publishes 2023 Cloud Computing and ... - GlobeNewswire

Versa Single-Vendor Unified SASE is the Only SASE Solution to Win a Product of the Year Award and be Recognized for Exceptional Innovation by Cloud Computing Magazine

SANTA CLARA, Calif., April 04, 2023--(BUSINESS WIRE)--Versa Networks, the recognized leader of single-vendor Unified Secure Access Service Edge (SASE), today announced that TMC, a global, integrated media company, has awarded Versa SASE the 2023 Product of the Year Award, presented by Cloud Computing Magazine.

"The accolades continue to roll in this year for Versa SASE, most recently being named as the only SASE solution to earn the Cloud Computing 2023 Product of the Year Award," said Kelly Ahuja, CEO of Versa Networks. "The Versa Unified SASE Platform is designed to simplify how enterprises protect and connect their users, devices, and sites across cloud workloads and applications. Whether its enforcing a cloud-delivered Zero Trust security model for remote users, protecting hybrid workers against a wide range of cloud-based threats, connecting and optimizing branch office networks with cloud-delivered SD-WAN, or natively integrating multi-cloud infrastructures, Versa SASE can help."

"Organizations need more than just security for their cloud environments, and Versa SASE delivers unique integration of the most comprehensive range of networking and security services," Ahuja continued. "Our products were architected with this integration principle from inception. This is enabled by Versas single-stack architecture, which uniquely delivers the SASE functionalities organizations need, as proven by Versas continued success and industry recognition."

Versas AI/ML-powered single-vendor Unified SASE delivers organically developed best-of-breed functions that tightly integrate and deliver services via the cloud, on-premises, or as a blended combination of both, managed through a single pane of glass. Versa delivers SASE services such as Secure SD-WAN, Next-Generation Firewall, Next-Generation Firewall as a Service, Cloud Network Firewall, Unified Threat Management (UTM) including Advanced Threat Protection (ATP), Secure Web Gateway (SWG), Zero Trust Network Access (ZTNA), Cloud Access Security Broker (CASB), Data Loss Prevention (DLP), Remote Browser Isolation (RBI), and User and Entity Behavior Analytics (UEBA). Versas single-vendor Unified SASE platform goes above and beyond management console automation by providing the ability to integrate networks, points of presence, policy definitions, application definitions, agent logic, and data lakes.

Story continues

About the Cloud Computing Product of the Year Award

The Cloud Computing Product of the Year Award honors vendors with the most innovative, useful, and beneficial cloud products and services that have been available to deploy within the past year. For more on Versas Product of the Year Award, see https://cloud-computing.tmcnet.com/breaking-news/articles/455274-winners-the-2023-cloud-computing-product-the-year.htm.

"Congratulations to Versa Networks for being honored with a Cloud Computing Product of the Year Award," said Rich Tehrani, CEO, TMC. "Versa SASE is truly an innovative product and is among the best solutions available that facilitate business-transforming cloud computing and communications. I look forward to continued excellence from Versa in 2023 and beyond."

Versa simplifies how enterprises protect and connect their users, devices and sites to workloads and applications anywhere, anytime. As the leader in SASE, the fastest growing category in cybersecurity, Versa is the only company delivering a differentiated Unified SASE architecture that converges security and networking to ensure an improved security posture, enhanced user-to-application experience, and operational efficiency. Gartner has identified Versa SASE as having the most SASE components out of all 56 vendors Gartner evaluated and named Versa as one of the vendors delivering single-vendor SASE. Also, KuppingerCole Analysts AG named Versa a leader in every evaluation category in its recent SASE Integration Suites Leadership Compass report. In addition, Frost & Sullivan honored Versa with its SASE Global Enabling Technology Leadership Award for its industry-leading SASE solution. Enterprise Management Associates (EMA) also found that Versa SASE has the most SASE supported functions, as published in its industry report; while 650 Group recognized Versa as the market share leader for both Deployed SASE and Enabled SD-WAN. Finally, the CIO CHOICE 2023 Honor and Recognition program distinguished Versa SASE as the Most Trusted Brand by CIOs for SASE.

About Cloud Computing Magazine

Cloud Computing magazine is the industrys definitive source for all things cloud from public, community, hybrid and private cloud to security and business continuity, and everything in between. This quarterly magazine published by TMC assesses the most important developments in cloud computing not only as they relate to IT, but to the business landscape as a whole.

About Versa Networks

Versa Networks, the leader in single-vendor Unified SASE platforms, delivers AI/ML-powered SSE and SD-WAN solutions. The platform provides networking and security with true multitenancy, and sophisticated analytics via the cloud, on-premises, or as a blended combination of both to meet SASE requirements for small to extremely large enterprises and Service Providers. Thousands of customers globally with hundreds of thousands of sites and millions of users trust Versa with their mission critical networks and security. Versa Networks is privately held and funded by Sequoia Capital, Mayfield, Artis Ventures, Verizon Ventures, Comcast Ventures, BlackRock Inc., Liberty Global Ventures, Princeville Capital, RPS Ventures and Triangle Peak Partners. For more information, visit https://www.versa-networks.com or follow Versa Networks on Twitter @versanetworks.

Versa Networks, VOS, the Versa logo, and Versa Titan are or may be registered trademarks of Versa Networks, Inc.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230404005539/en/

Contacts

Dan Spaldingdspalding@versa-networks.com (408) 960-9297

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Versa Networks Wins 2023 Product of the Year Award for its Industry-Leading SASE Solution - Yahoo Finance

New York, April 05, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Cloud Native Applications Market by Component, Deployment Mode, Organization Size, Vertical and Region - Global Forecast to 2028" - https://www.reportlinker.com/p06445319/?utm_source=GNW Open-source managed services (OSMS) have also become a key part of the cloud native app development ecosystem. Services and tools are required to provide app developers and businesses with various ways to take advantage of the cloud and open-source software. For instance, the Kubernetes website lists over 200 certified service providers who integrate with their open-source platform. OSMS providers make the configuration, monitoring, and management of cloud native apps easier, nimble, more predictable, and more reliable. OSMS providers largely focus on businesses that dont have the limitless development resources of companies such as IBM, Amazon, and Google.

Public cloud segment to have a larger market size during the forecast periodPublic cloud includes a platform being managed by a third party, and operated over the internet.It uses the standard cloud computing model to avail resources and services to remote users worldwide.

Public cloud services can be used for free or be provided through subscription-based or on-demand pricing schemes, including the pay-per-usage/pay-as-you-go model.The crucial benefits of the public cloud include a decreased requirement for organizations to invest in maintaining their on-premises IT resources and infrastructure; scalability to meet workload and user demands; and fewer redundant resources owing to customers payment with the pay-per-usage model.

The public cloud providers offer the infrastructure needed to host and deploy workloads in the cloud. Tools and services help customers manage cloud applications, including data storage, security, and monitoring and reporting capabilities.

Healthcare and life sciences vertical to exhibit significant growth during the forecast periodThe cloud native applications for the healthcare and life science vertical offer dependable, comprehensive features that make it simpler to enhance and efficiently manage the entire healthcare experience.It also provides clients in the healthcare sector with an open, secure, and enterprise-grade environment to support workloads, prevent downtime, regardless of their stage in the migration to the cloud or their workload environment.

By adopting cloud native applications solutions, this industry can enhance patient engagement, improve health data insights, effective management of physical infrastructure management burden, secure health information, improve patient experience, enhance privacy, empower health team collaboration, cost-efficiency, flexibility and reliability, and boost productivity with accurate virtual capabilities (diagnosing).The cloud native applications for life sciences lower obstacles to innovation by offering a selected set of solutions that have been curatively created to assist businesses in developing, testing, manufacturing, and selling treatments swiftly and effectively while adhering to the strictest security and compliance standard.

This improves the healthcare and life sciences professionals access to the most recent medical data and allows them to choose wisely and expedite the demand to achieve desired outcomes.

Asia Pacific to hold the highest CAGR during the forecast periodAsia Pacific experiences considerable cloud native spending owing to the ever-growing cloud computing traffic landscape of the region.The countries in the Asia Pacific region are home to many emerging and growing SMEs.

According to the Asia Pacific Economic Cooperation, SMEs are the catalysts of growth in the Asia Pacific region.They account for slightly over 87% of all operational businesses and employ over half of the workforce in the region.

SMEs are increasingly adopting cloud computing to increase their operational efficiency, and cloud native applications is an integral part of it.During the pandemic, cloud technology has supported global supply chains and remote working.

It assists organizations in the region, enabling scalability, business continuity along with improvement, and reduced costs with vendors working significantly to facilitate zero downtime. Cloud native applications have emerged as a foundational infrastructure for building scalable, digitally enabled infrastructure and solutions for firms. Multinational cloud platforms, such as Alibaba Cloud, AWS, Google Cloud, and domestic cloud computing companies across the Asia Pacific, have ramped up their capacities as well as capabilities and diversified their service offerings to support businesses and enable a new generation of startup companies. Regional governments and organizations are taking up several initiatives related to cloud-based solutions. Organizations in this region are also increasingly focusing on increasing the customer experiences of their clients with enhanced security and application protection.Further, in-depth interviews were conducted with the Chief Executive Officers (CEOs), Chief Marketing Officers (CMO), Chief Technology Officers (CTOs), Chief Operating Officers (COOs), Vice Presidents (VPs), Managing Directors (MDs), technology and innovation directors, and related key executives from various key companies and organizations operating in the Cloud native applications market. By Company Tier 145%, Tier 230%, and Tier 325% By Designation C-Level40%, Director Level35%, and Others25% By Region North America40%, Europe25%, Asia Pacific25%, RoW 10%Cloud native applications vendors include Amazon.com, Inc. (Amazon, US), Google LLC (Google, US), International Business Machines Corporation (IBM, US), Infosys Technologies Private Limited (Infosys, India), Larsen & Toubro Infotech (LTI, India), Microsoft Corporation (Microsoft, US), Oracle Corporation (Oracle, US), Red Hat (US), SAP SE (SAP, Germany), VMware (US), Alibaba Cloud (Singapore), Apexon (US), Bacancy Technology (India), Citrix Systems, Inc. (Citrix, US), Harness (US), Cognizant Technology Solutions Corp (Cognizant, US), Ekco (Ireland), Huawei Technologies Co. Ltd. (Huawei, China), R Systems (US), Scality (US), and Sciencesoft (US). The study includes an in-depth competitive analysis of these key players in the Cloud native applications market with their company profiles, recent developments, and key market strategies.

Research CoverageThe research study covered inputs, insights, trends, happenings, from secondary sources, primary sources, stakeholders interviews and surveys.Secondary sources include information from databases and repositories such as D&B Hoovers, Bloomberg, Factiva, CoinDesk, among others.

Primary data was fetched from supply-side industry experts who hold the chair of Chief Executive Officer (CEO), Chief Technological Officer (CTO), Chief Operating Officer (COO), Vice-President (VP) of IT, and Managing Director (MD), among others.Few of our key primary respondents are IBM, Microsoft, and Oracle, among others.

Few startups are also included during our primary interviews. Additionally, we have taken the information and statistical and historical data from a few government associations, public sources, webinar and seminar transcripts, journals, conferences and events.

Reasons to buy this report:The report will act as a guide for the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Cloud native applications market and associated subsegments.This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better, improvise and revamp their offerings vis--vis ever-changing customer requirements with customizations, and plan suitable go-to-market strategies.

The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities. The report provisions significant and business development-focused data for the readers with strategic inputs/insights via numerous charts, and closest figures of forecast, to help readers design their blueprint to outgrow peers current offerings, maintain and enhance market sustainability,

The report provides insights on the following pointers Analysis of key drivers (Significant reduction in vendor lock-ins, real-time analytics provisioning and guidelines compliance, getting apps-to-market or time-to-market swiftly and efficiently), restraints (cost overrun being a limiting factor, replacement of new practices with traditional ones), opportunities (better reliability with respect to IT infrastructure), and challenges (management and governance of development workflow) influencing the growth of the cloud native applications market Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the Cloud native applications market Market Development: Comprehensive information about lucrative markets the report analyses the Cloud native applications market across varied regions Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the Cloud native applications market Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like include IBM (US), Amazon(US), Google (US), Microsoft (US), Oracle (US), Red Hat (US), SAP (Germany), VMware (US), LTI (India), among others in the Cloud native applications market strategies. The report also helps stakeholders understand the competitive analysis by these market players.Read the full report: https://www.reportlinker.com/p06445319/?utm_source=GNW

About ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

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The CNA market size is expected to grow from USD 5.9 billion in ... - GlobeNewswire

Stphane Garneau, the president of Quebec-based Micro Logic, still sees the same forces driving private sector enterprises and public sector agencies to seek out sovereign cloud solutions now that he witnessed nearly a decade ago.

We first made the commitment to create and offer sovereign cloud solutions and services in 2014, says Garneau. At the time government agencies wanted to embrace technologies and the flexibility and performance they offered, but feared being subjected to a competitive country that potentially could leverage their legislative power to unilaterally force local and international cloud providers to grant access to critical, classified or otherwise strategic information. Today, those same motivations and same concerns have only grown stronger.

Today, Projet Cirrus Micro Logics suite of sovereign cloud solutions, including private, community, public, and hybrid offerings is relied on by hundreds of organizations in the public and private sectors organizations that require all data to reside in Canada at all times. Not only that, but data is required to only be accessible by fully vetted Canadian citizens or in the case of international companies doing business in Canada, to be subject to the data protection regulations of their home country.

High profile incidents as well as the widespread collection and use of data have led to a growing preoccupation with what happens to the information we share or upload online, adds Garneau. This is particularly true for sensitive and private data used in certain industries and by the government. It is more important than ever to control and secure this data at all times, which is exactly what the sovereign clouds solutions in Projet Cirrus do.

The sovereign cloud offerings within Projet Cirrus also include robust backup and disaster recovery services, as a well as a Fortified Cloud that features encryption and data protection measures that exceed the most stringent guidelines for government agencies and highly regulated industries. All services are provided from two distinct and independent Tier-3 certified data centers in Quebec and Montreal.

Notably, the entire Projet Cirrus suite is supported by the more than 300 sovereign cloud experts at Micro Logic. This includes a dedicated team that is specifically focused on building and developing locally owned and operated international alternative cloud products that are designed to address the unique, bespoke needs of specific enterprises and institutions.

Flexibility is one of the key attributes of the cloud, and that same concept extends to sovereign cloud solutions and services. Our dedicated Projet Cirrus team is comprised of certified and highly skilled experts who strive to push innovation forward and who are ideally qualified to address each customers unique cloud journey, says Garneau. Our clients benefit from this expertise and a sovereign cloud that is not only built around the latest technology and hardware, but which is also based on agnostic technology that empowers them to avoid vendor lock-in at all times.

Garneau also stresses that the companys strong relationship with VMware and reliance on its proven and trusted technologies offers enterprises additional peace of mind. He notes it is also of importance to prospective customers.

The VMware Sovereign Cloud distinction is an important recognition for Micro Logic because it highlights our commitment and shows that we have made the extra effort to ensure that their data is hosted in known and trusted facilities sheltered from foreign political or legislative influence, he says. The breadth of our expertise allows us to address the full spectrum of IT challenges organizations and businesses face today. We took our extensive experience in on-premises computing and in years of service expanded it to encompass the sovereign, hybrid and multi-cloud environments our clients depend on and need today.

Learn more about Micro Logic and its partnership with VMware here.

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Micro Logics Projet Cirrus Bringing Sovereign Cloud to Canada - CIO