Principles of an Effective Cybersecurity Strategy

According to MetricStream’s, ‘The State of Cyber Security in the Financial Services Industry’ report, around 66 percent of financial services institutions have faced at least one cyber-attack in the last 12 months. The cost of this can even result in a complete shutdown of the business."

Click To See - 10 Live Hacking Tracking Maps

The Cloud Build Up: Findings From Gartner’s Cloud Hype Cycle 2012

The Cloud Build Up: Findings From Gartner’s Cloud Hype Cycle 2012

Ventures today are on the verge of modifying their overall cloud-purchase conduct. The said has been prompted primarily by the diverse range of available operational options offered by the cloud technology providers including pace of implementation, associated finances and requirement-adaptation dynamics. Conversely, ventures still are distant from entirely giving up their conventional models and applications in favour of making space for the cloud; a recent study conducted by Gartner reveals.


The findings pour out of the eagerly awaited cloud technology analysis – the Gartner Hype Cycle for Cloud Computing, 2012. The report indicates that the most favorable of the results are demonstrated by companies that concentrate their (fiscal and human) energies on one particular cloud approach and making the most out of it to step up on the performance. Establishing a tactical framework of general objectives to start off with and then consequently working out towards the exact pre-crafted achievables significantly augments the chance of extracting success out of cloud-based policies. Businesses that think of the cloud as a mere cost cutting remedy are bound to wobble along their transitional journey, to an extent that would knock them off the course.

The Hype Cycle clearly describes that although the cloud upsurge might have reached the steepest levels in years, the cloudwashing phenomenon continues to haunt cloud-endorsers, serving further as a source of perplexity and puffed up expectations. This leads to an inevitable slow down of the cloud sales cycle in the long run. Among the cloud service providers, the ones that are living up to their promise of delivering timely, flexible, budget-friendly cloud solutions are beginning to surpass those that make use of cloudwashing as their frontline selling policy.

There are additional significant findings originating from the report. Summing it up, cloud based email is projected to have an in-enterprise adaption rate of up to 10% by the end of the year 2014. The figure has gone done by an exact half as opposed to the estimates of 20% in the previous Hype Cycle findings. This symbolizes unpretentious rise, as the embracing rate of this particular category hovered between 5 to 6% in the year 2011. The study also establishes private cloud as being the prime area of interest, with more than 75% of the participants chalking out a strategy in the said area. Software-as-a-Service is also securing firm ground in expansion plans of businesses. Gartner is convinced that more than 50% of companies will incorporate SaaS application components in their technical operations. Platform-as-a-Service remains the most widely misunderstood facet of cloud computing.

In a nutshell, Gartner’s Cloud Computing Hype Cycle is a vivid indicative of the fact that cloud-based initiatives, when inline with surgically-tailored thorough business mapping, bring about the most significant of returns (both tangible and abstract) to a venture.

The cloud band wagon is rolling big – and it’s about time corporations do their math and hop onboard.

By Humayun Shahid

About Humayun

With degrees in Communication Systems Engineering and Signal Processing, Humayun currently works as a lecturer at Pakistan's leading engineering university. The author has an inclination towards incorporating quality user experience design in smartphone and web applications.