Wednesday, 19 June 2019 04:56

Cloud services provide boost to business, survey claims

Cloud services provide boost to business, survey claims Pixabay

Cyber security firm McAfee claims a wide range of organisations accelerate their business through the use of cloud services, following a survey of 1000 businesses worldwide and combining the results with data from anonymised cloud events from its own MVISION cloud that has about 30 million users globally.

The company said in a statement that organisations which had ensured the security of their data in the cloud through a cloud access security broker were 35% more likely to launch new products, improve on time to market and expand to new markets with the cloud.

The survey was conducted in 11 unspecified countries from March to May, with market research firm Vanson Bourne doing the legwork.

The McAfee Cloud Adoption and Risk Report showed that:

  • Eighty-seven percent of companies experienced business acceleration from their use of cloud services.
  • The majority (52%) of companies experienced better security in the cloud.
  • Only 26% of companies say they could audit IaaS configurations.
  • Only 33% of companies say they can control application collaboration settings.
  • Only 36% of companies say they could enforce data loss prevention in the cloud.

Additionally, it found that companies were over 35% more likely to be able to launch new products, speed time to market, expand to new markets, and improve employee satisfaction with the cloud when using a CASB.

Most sensitive data was under the IT team’s control: Results showed that 65% of enterprise data lived in collaboration and business software-as-a-service applications, 25% in infrastructure-as-a-service, and only 10% in “Shadow IT” unknown to the IT department.

IT teams were subscribing to these cloud applications themselves, effectively fulfilling many employee needs that were previously unmet or were met through the use of “Shadow IT”.

A minority of organisations experienced the full potential of business acceleration: Although the likelihood of launching new products, speeding time to market and expanding to new markets was higher when a CASB is part of their cloud security strategy, only one in three companies surveyed was currently using one.

“This research shines a light on organisations who are leading the charge in cloud adoption, prioritising the security of their data as they roll out new cloud services and winning in the market because of the actions they are taking,” said Rajiv Gupta, senior vice-president, Cloud Security, McAfee.

“Organisations often tell us how much faster their business moves when security is addressed in the cloud and it is exciting for us now to quantify this experience and share our data and recommendations with the rest of the market.”


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Sam Varghese

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Sam Varghese has been writing for iTWire since 2006, a year after the site came into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.



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