Click here to close now.




















Welcome!

Java IoT Authors: Cynthia Dunlop, XebiaLabs Blog, Dana Gardner, Pat Romanski, David H Deans

Related Topics: @CloudExpo, Java IoT, Microservices Expo, Containers Expo Blog, Cloud Security, @BigDataExpo

@CloudExpo: Article

It’s Money That Matters in the Cloud… Well, At Least ROI

Cloud security closes the risk versus reward gap

With all the talk of fiscal cliffs sequestrations, financial binds and “next year’s budget,” I started thinking about cloud security in more tangible ways. Specifically returns on investment, economic impact and total costs of ownership. Just like death and taxes, businesses can add intrusion and attack to the list of sureties. I can hear CFOs all over the world sigh in exasperation as they feel pressured to add another expense line item to minimize the building security threats to their enterprises.

Before you add another decimal place to security budgets, maybe it’s time you consider the how cloud-deployed security options can not only address the complexities of enterprise security ably, but do so at considerable savings.

Study after study promotes that a cloud computing model saves organization money. We know that more and more functionality is moving to the cloud. For things like CRM or other standard business applications, it simply makes sense. We recognize the limited time and funding to run and maintain enterprise applications and the cloud provides that great equalizer. This model extends itself to cloud security and security-as-a-service.

First there are the over-arching savings of cloud-computing in general:

  • Elimination of CapEx costs: no hardware or software to buy (Any “cloud” company that asks you to install a server on your premises to monitor your enterprise isn’t cloud)
  • Pay-as-you-go scalable: Most cloud providers can offer considerable cost savings through economies of scale. The ability to adjust the level of service necessary (elastic provisioning) creates flexibility for increased margins and cost-controls.
  • Zero-day start/On demand delivery of service: no waiting time after the service has been purchased to develop and configure a complex system. This means no development hell or waiting for Phase 2 to be complete in order to start reaping benefits.
  • Head count savings: included in most cloud services are the personnel costs (salary, benefits, overhead, churn/hiring costs) a company does not need to invest in more people and gains the benefit of the security expertise and tribal knowledge of the cloud security provider.
  • Best-of breed resource/expertise expansion: Companies improve their overall business agility through proven technologies supported and updated by the core competencies of the developers. Meanwhile CIOs get to move more IT budget to innovation or enablement programs.

But where are the benefits of cloud security from an ROI perspective:

  • 24/7 Availability: Cloud security is about continuous monitoring.  To properly secure the expanding footprint of an enterprise’s IT landscape, there must be the vigilance to catch analyze and remediate issues as quickly as possible. Like a cancer, if security issues go undetected, they can metastasize and spread. Having a professional monitor a network 7/24/365 (in real time) seems like a luxury for Fortune 500 companies. Cloud security makes this option available for the most modest organizations. The holes in security that are created through intermittent monitoring, vague automation settings and periodic machine log reviews will cost an organization.  But continuous monitoring isn’t a cost center. Preventive and proactive security creates reduced risk (without additional man hours) which allows for redeployed resources and a realignment based of business needs.
  • Unification: The agility from the cloud allows companies to leverage the capabilities of various security solutions looking at multiple parts of the enterprise. This includes intrusion detection, credentialing, access, SSO, web authentication and compliance audits. It not only allows an enterprise to acquire more and greater functionality for virtually the same cost, but it also centralizes the collective intelligence and provides the advantage enhanced visibility through correlated and situational context. This, in turn, creates better and faster decisions which streamline resources and save money.
  • Improved productivity Although there are many examples of this within cloud based security, I will point to one (and use future blogs to expound on others). Using identity management, companies can automatically provision and deprovision users. This service alone can save 75% of the requests across the enterprise. Imagine the additional savings when IT is not slogged down with forgotten password requests/resets along with managing credentials. There are studies that prove that this alone saves companies nearly $200K per year. Now with better employee productivity (because this helps solve BYOD issues) and certain portions of your network safe from data theft and leakage, IT can concentrate on business issues that drive revenue.
  • Compliance: Dozens of man hours are typically needed each month to complete all the reports needed to satisfy a regulatory agency auditor; and for most companies, it’s not just one agency, but several. Through real time correlation, most of the work of identifying, capturing, encrypting and storing(or destroying) certain pieces of information and providing the proof  your best practices are in line with internal and external policies is easier. Because of unification, multi-silo collection and security centralization, 75 hours per month becomes 10. And more importantly, the degree of accuracy of the reporting is significantly better.  And with better reports, the threat of fines disappears.

Gartner estimates the annual cost to own and manage traditional on premise security software applications can be 4X the initial purchase. This is chiefly due to the need to acquire and maintain the resources to support the deployment. In many cases, for less than what a company pays for in support and maintenance of these on premise initiatives, they could have twice the capability from the cloud.

When it’s money that matters, the bottom line should be as much about saving as it is spending; as long as the result is a positive return on the investment. Enterprise security is not different. For years seen as a cost center, through cloud-based solutions it can now be redefined as a revenue enablement mechanism. Certainly there are costs involved in a maintaining a safe network perimeter, protecting and securing data and compliance auditing. However, by exploiting the benefits and strengths provided by cloud based security, you can prudently and effectively contain the issues with plentiful resources to reinvest in your core competencies and focus on driving business forward. Security issues will not go away, but you can direct less at them and in return, receive more greater results.

When looking at the cloud in term of security…sometimes you can have your cake and eat it too.

 

Kevin Nikkhoo
www.cloudaccess.com

More Stories By Kevin Nikkhoo

With more than 32 years of experience in information technology, and an extensive and successful entrepreneurial background, Kevin Nikkhoo is the CEO of the dynamic security-as-a-service startup Cloud Access. CloudAccess is at the forefront of the latest evolution of IT asset protection--the cloud.

Kevin holds a Bachelor of Science in Computer Engineering from McGill University, Master of Computer Engineering at California State University, Los Angeles, and an MBA from the University of Southern California with emphasis in entrepreneurial studies.

@ThingsExpo Stories
Too often with compelling new technologies market participants become overly enamored with that attractiveness of the technology and neglect underlying business drivers. This tendency, what some call the “newest shiny object syndrome,” is understandable given that virtually all of us are heavily engaged in technology. But it is also mistaken. Without concrete business cases driving its deployment, IoT, like many other technologies before it, will fade into obscurity.
With the proliferation of connected devices underpinning new Internet of Things systems, Brandon Schulz, Director of Luxoft IoT – Retail, will be looking at the transformation of the retail customer experience in brick and mortar stores in his session at @ThingsExpo. Questions he will address include: Will beacons drop to the wayside like QR codes, or be a proximity-based profit driver? How will the customer experience change in stores of all types when everything can be instrumented and analyzed? As an area of investment, how might a retail company move towards an innovation methodolo...
Consumer IoT applications provide data about the user that just doesn’t exist in traditional PC or mobile web applications. This rich data, or “context,” enables the highly personalized consumer experiences that characterize many consumer IoT apps. This same data is also providing brands with unprecedented insight into how their connected products are being used, while, at the same time, powering highly targeted engagement and marketing opportunities. In his session at @ThingsExpo, Nathan Treloar, President and COO of Bebaio, will explore examples of brands transforming their businesses by t...
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
As more and more data is generated from a variety of connected devices, the need to get insights from this data and predict future behavior and trends is increasingly essential for businesses. Real-time stream processing is needed in a variety of different industries such as Manufacturing, Oil and Gas, Automobile, Finance, Online Retail, Smart Grids, and Healthcare. Azure Stream Analytics is a fully managed distributed stream computation service that provides low latency, scalable processing of streaming data in the cloud with an enterprise grade SLA. It features built-in integration with Azur...
A producer of the first smartphones and tablets, presenter Lee M. Williams will talk about how he is now applying his experience in mobile technology to the design and development of the next generation of Environmental and Sustainability Services at ETwater. In his session at @ThingsExpo, Lee Williams, COO of ETwater, will talk about how he is now applying his experience in mobile technology to the design and development of the next generation of Environmental and Sustainability Services at ETwater.
SYS-CON Events announced today that Micron Technology, Inc., a global leader in advanced semiconductor systems, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Micron’s broad portfolio of high-performance memory technologies – including DRAM, NAND and NOR Flash – is the basis for solid state drives, modules, multichip packages and other system solutions. Backed by more than 35 years of technology leadership, Micron's memory solutions enable the world's most innovative computing, consumer,...
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies leverage disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advanced analytics, and DevOps to advance innovation and increase agility. Specializing in designing, imple...
While many app developers are comfortable building apps for the smartphone, there is a whole new world out there. In his session at @ThingsExpo, Narayan Sainaney, Co-founder and CTO of Mojio, will discuss how the business case for connected car apps is growing and, with open platform companies having already done the heavy lifting, there really is no barrier to entry.
As more intelligent IoT applications shift into gear, they’re merging into the ever-increasing traffic flow of the Internet. It won’t be long before we experience bottlenecks, as IoT traffic peaks during rush hours. Organizations that are unprepared will find themselves by the side of the road unable to cross back into the fast lane. As billions of new devices begin to communicate and exchange data – will your infrastructure be scalable enough to handle this new interconnected world?
WebRTC has had a real tough three or four years, and so have those working with it. Only a few short years ago, the development world were excited about WebRTC and proclaiming how awesome it was. You might have played with the technology a couple of years ago, only to find the extra infrastructure requirements were painful to implement and poorly documented. This probably left a bitter taste in your mouth, especially when things went wrong.
Through WebRTC, audio and video communications are being embedded more easily than ever into applications, helping carriers, enterprises and independent software vendors deliver greater functionality to their end users. With today’s business world increasingly focused on outcomes, users’ growing calls for ease of use, and businesses craving smarter, tighter integration, what’s the next step in delivering a richer, more immersive experience? That richer, more fully integrated experience comes about through a Communications Platform as a Service which allows for messaging, screen sharing, video...
SYS-CON Events announced today that IceWarp will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. IceWarp, the leader of cloud and on-premise messaging, delivers secured email, chat, documents, conferencing and collaboration to today's mobile workforce, all in one unified interface
The Internet of Things (IoT) is about the digitization of physical assets including sensors, devices, machines, gateways, and the network. It creates possibilities for significant value creation and new revenue generating business models via data democratization and ubiquitous analytics across IoT networks. The explosion of data in all forms in IoT requires a more robust and broader lens in order to enable smarter timely actions and better outcomes. Business operations become the key driver of IoT applications and projects. Business operations, IT, and data scientists need advanced analytics t...
Akana has announced the availability of the new Akana Healthcare Solution. The API-driven solution helps healthcare organizations accelerate their transition to being secure, digitally interoperable businesses. It leverages the Health Level Seven International Fast Healthcare Interoperability Resources (HL7 FHIR) standard to enable broader business use of medical data. Akana developed the Healthcare Solution in response to healthcare businesses that want to increase electronic, multi-device access to health records while reducing operating costs and complying with government regulations.
For IoT to grow as quickly as analyst firms’ project, a lot is going to fall on developers to quickly bring applications to market. But the lack of a standard development platform threatens to slow growth and make application development more time consuming and costly, much like we’ve seen in the mobile space. In his session at @ThingsExpo, Mike Weiner, Product Manager of the Omega DevCloud with KORE Telematics Inc., discussed the evolving requirements for developers as IoT matures and conducted a live demonstration of how quickly application development can happen when the need to comply wit...
The Internet of Everything (IoE) brings together people, process, data and things to make networked connections more relevant and valuable than ever before – transforming information into knowledge and knowledge into wisdom. IoE creates new capabilities, richer experiences, and unprecedented opportunities to improve business and government operations, decision making and mission support capabilities.
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at @ThingsExpo, James Kirkland, Red Hat's Chief Architect for the Internet of Things and Intelligent Systems, described how to revolutionize your archit...
MuleSoft has announced the findings of its 2015 Connectivity Benchmark Report on the adoption and business impact of APIs. The findings suggest traditional businesses are quickly evolving into "composable enterprises" built out of hundreds of connected software services, applications and devices. Most are embracing the Internet of Things (IoT) and microservices technologies like Docker. A majority are integrating wearables, like smart watches, and more than half plan to generate revenue with APIs within the next year.
Growth hacking is common for startups to make unheard-of progress in building their business. Career Hacks can help Geek Girls and those who support them (yes, that's you too, Dad!) to excel in this typically male-dominated world. Get ready to learn the facts: Is there a bias against women in the tech / developer communities? Why are women 50% of the workforce, but hold only 24% of the STEM or IT positions? Some beginnings of what to do about it! In her Opening Keynote at 16th Cloud Expo, Sandy Carter, IBM General Manager Cloud Ecosystem and Developers, and a Social Business Evangelist, d...