Cloud Computing Market Growth: Security and Compliance

Grazed from MidsizeInsider. Author: Marissa Trejada.

When it comes to cloud computing, security is a necessity. According to new research, that very need will help the cloud market grow over the next few years. Midsize firms are in the position to implement new security offerings as they turn to the cloud for increased productivity.

Proper Implementation

In the next three years, Gartner predicts the cloud security market will top $4.2 billion. The findings, featured in IT Pro , point out that demand will grow because more and more firms will be looking for affordable security solutions to properly implement cloud services. The article also mentions that, earlier in the year, Gartner predicted the cloud will account for 10 percent of IT security enterprise product capabilities within the next two years…

Gartner also found that buying patterns are changing. Overall, the cloud has been proven to offer great benefits. Not only is it easy to deploy and maintain, but also it has provided users with a good ROI. However, to ensure they experience fully all those benefits, companies must implement the right security measures. Gartner also found that companies are interested in cloud security to meet regulatory compliance concerns. Companies want to reduce costs in log management, compliance reporting, and security event monitoring. As time goes on and more laws are set in place regarding compliance, Gartner predicts that cloud-based tokenisation and security information and event management (SIEM) services will also be in demand…

Read more from the source @ http://midsizeinsider.com/en-us/article/cloud-computing-market-growth-security