The Top Five Threats To Cloud Computing

The Top Five Threats To Cloud Computing

With hundreds of enterprises migrating to cloud services every day, it looks like the march to cloud everything is inevitable and unstoppable. However, cloud computing is not without its risks, and in this post, I will cover the top five issues that pose a threat to increased cloud adoption by enterprises.

Highly fragmented market

In most areas of computing, it is a winner-take-all market. Whether it is Facebook or Google search, or Windows or iPhone, most markets in our world face either a monopoly or a duopoly. While such markets pose their own threats (lack of options/high pricing power with providers), cloud computing belongs to the other end of the spectrum. It is heavily fragmented, with new players entering the game every day.

For instance, in the consumer cloud storage segment alone, there are at least seven players vying for the role of leader (though Dropbox currently has an edge). All the major players in computing—Oracle, Microsoft, Google, Apple, IBM, Salesforce and Amazon—are making cloud computing their top priority. This has added to an increased confusion among customers and prevented the adoption of proper standards.

Lack of sufficient standards

It follows from the previous point that fragmentation, high stakes and huge rivalry are preventing the evolution of proper standards in handling data and applications. This means moving your data and applications painlessly between different CSPs is still an elusive dream. Without sufficient standards, many enterprises are loathe to invest a lot of money in innovation and integration when it comes to the cloud.

Data lock-in

In an earlier article I covered how retrieving data and moving to another provider can be a non-trivial issue on the cloud. The fragmentation and lack of standards work together here. Given how critical data is for your organization’s survival, it is important to implement proper policies in order to make sure your data is not locked-in.

Security threats

Cloud computing puts your critical enterprise data and that of your users on the public Internet. There is a significant probability that this data could fall in the hands of malicious hackers. This is a concern that is inhibiting the adoption of cloud computing in sectors such as healthcare and finance. With the adoption of proper practices, it is possible to have as high security on the public cloud as is possible on an in-house server installation. However, the attack surface is still high on a public cloud, and the public perception of a lack of security is still a threat to cloud adoption.

Service outages

In February, Microsoft Azure faced a massive service outage that affected thousands of enterprises. Its competitors—Amazon and Google—have also faced massive service downtime issues in the recent past. Cloud computing technologies are still maturing, and CSPs are working hard to prevent such massive failures. However, we can expect serious outages to be a frequent scourge for some time to come.

By Balaji Viswanathan

Sorry, comments are closed for this post.

Your Biggest Data Security Threat Could Be….

Your Biggest Data Security Threat Could Be….

Paying Attention To Data Security Your biggest data security threat could be sitting next to you… Data security is a big concern for businesses. The repercussions of a data security breach ranges from embarrassment, to costly lawsuits and clean-up jobs – particularly when confidential client information is involved. But although more and more businesses are…

The Rise Of BI Data And How To Use It Effectively

The Rise Of BI Data And How To Use It Effectively

The Rise of BI Data Every few years, a new concept or technological development is introduced that drastically improves the business world as a whole. In 1983, the first commercially handheld mobile phone debuted and provided workers with an unprecedented amount of availability, leading to more productivity and profits. More recently, the Cloud has taken…

The Fully Aware, Hybrid-Cloud Approach

The Fully Aware, Hybrid-Cloud Approach

Hybrid-Cloud Approach For over 20 years, organizations have been attempting to secure their networks and protect their data. However, have any of their efforts really improved security? Today we hear journalists and industry experts talk about the erosion of the perimeter. Some say it’s squishy, others say it’s spongy, and yet another claims it crunchy.…

Achieving Network Security In The IoT

Achieving Network Security In The IoT

Security In The IoT The network security market is experiencing a pressing and transformative change, especially around access control and orchestration. Although it has been mature for decades, the network security market had to transform rapidly with the advent of the BYOD trend and emergence of the cloud, which swept enterprises a few years ago.…

Digital Twin And The End Of The Dreaded Product Recall

Digital Twin And The End Of The Dreaded Product Recall

The Digital Twin  How smart factories and connected assets in the emerging Industrial IoT era along with the automation of machine learning and advancement of artificial intelligence can dramatically change the manufacturing process and put an end to the dreaded product recalls in the future. In recent news, Samsung Electronics Co. has initiated a global…

Using Cloud Technology In The Education Industry

Using Cloud Technology In The Education Industry

Education Tech and the Cloud Arguably one of society’s most important functions, teaching can still seem antiquated at times. Many schools still function similarly to how they did five or 10 years ago, which is surprising considering the amount of technical innovation we’ve seen in the past decade. Education is an industry ripe for innovation…

5% Of Companies Have Embraced The Digital Innovation Fostered By Cloud Computing

5% Of Companies Have Embraced The Digital Innovation Fostered By Cloud Computing

Embracing The Cloud We love the stories of big complacent industry leaders having their positions sledge hammered by nimble cloud-based competitors. Saleforce.com chews up Oracle’s CRM business. Airbnb has a bigger market cap than Marriott. Amazon crushes Walmart (and pretty much every other retailer). We say: “How could they have not seen this coming?” But, more…

How To Overcome Data Insecurity In The Cloud

How To Overcome Data Insecurity In The Cloud

Data Insecurity In The Cloud Today’s escalating attacks, vulnerabilities, breaches, and losses have cut deeply across organizations and captured the attention of, regulators, investors and most importantly customers. In many cases such incidents have completely eroded customer trust in a company, its services and its employees. The challenge of ensuring data security is far more…

Four Recurring Revenue Imperatives

Four Recurring Revenue Imperatives

Revenue Imperatives “Follow the money” is always a good piece of advice, but in today’s recurring revenue-driven market, “follow the customer” may be more powerful. Two recurring revenue imperatives highlight the importance of responding to, and cherishing customer interactions. Technology and competitive advantage influence the final two. If you’re part of the movement towards recurring…