Every week, there are new reports of data breaches at organizations of every type. Firewalls and intrusion detection systems can shield an enterprise only from known attacks, so it’s almost inevitable that hackers will be able to penetrate an organization’s systems, or that an employee will download sensitive data to a mobile device or USB drive, which might then be stolen or lost. However, with the right management software, an administrator can control which devices are allowed to access data, prevent sensitive data from being moved to portable devices, and verify that the data on internal or removable devices is encrypted. That way, even if data is stolen, thieves won’t be able to read it.
Symantec’s Endpoint Encryption Device Control, Endpoint Encryption Full Disk Edition and Endpoint Encryption Removable Storage Edition form three prongs of an approach to ensure data security. Device Control allows administrators to set policies on what kind of data can be moved around, whether on the network or to local storage or mobile devices such as smartphones, tablets or USB drives.
Full Disk Edition confirms that the internal drives in a PC or notebook are encrypted; a password must be entered before the device boots, ensuring that unauthorized users cannot extract data from the system. Removable Storage Edition encrypts data on all sorts of media, such as floppy disks, CDs and DVDs, as well as USB and FireWire storage devices. It can also encrypt files as self-extracting archives so they can be e-mailed safely to employees or partners.
The three products together form a comprehensive approach to data security, allowing an administrator to prevent data from being copied over a wireless network, via a sync cable to a smartphone or tablet, or onto any type of removable media unless it is first encrypted. It controls all avenues of data movement and can even keep users from making local copies on a PC’s hard drive without encrypting the data.
200
Number of built-in file types that can be controlled by Symantec Endpoint Encryption Device Control when designating which files can be read or written to devices
Policies can be created based on document type, connection type (Wi-Fi, USB, Bluetooth), user or group type, or location in the file structure. An administrator can protect specific applications or directories from being copied to USB devices while allowing a specific user to perform backups. Such flexibility is great, though it can add to the complexity of setup, because there are many options to consider.
Device Control allows an administrator to create a policy for data security, roll it out to all the PCs in the organization and automatically enforce the policy. This allows IT staff to block PCs from writing certain files to USB keys or prevent any data from being copied.
A central management server controls policies for all endpoints and can work with Active Directory as well. Administrators don’t have to set separate policies for each PC or user; the organization can deploy different policies based on existing Active Directory groups or set up new ones.
The three products — Endpoint Encryption Device Control, Endpoint Encryption Full Disk Edition and Endpoint Encryption Removable Storage Edition — must be purchased and installed separately (but this also means that if you need only one or two parts of the functionality, the cost is less). Setting the system up and creating policies takes some thought. An administrator won’t be able to just install the software and begin using it.
Managing vendor contracts, controlling hardware and software costs and optimizing IT assets to meet organizational requirements constitute critical chores for IT professionals. Symantec's Altiris Asset Management Suite 7.1 aims to remove the hassle from IT asset management by giving enterprises the detailed information they need to make smart, informed decisions. Such tools are a necessity in today's cost-conscious workplace.
Altiris Asset Management Suite (AMS) culls data from Symantec's Client Management Suite (CMS) and Server Management Suite (SMS). AMS also integrates with similar Microsoft discovery tools so IT departments can tap installed investments.
IT departments often find it tough to tease out relationships between hardware, software, associated contracts, end users and user groups. Altiris AMS takes away the pain of guessing who has what system, who has what installed on their system and when their licenses are due for renewal.
The downloadable suite provides a wizard that assesses whether a system meets the minimum product requirements and will add any missing applications if prompted — a cool feature that saves the administrator time during installation. After ensuring that my hardware met the minimum product requirements prior to the installation, AMS downloaded successfully. The installation and initial setup were painless.
AMS's user interface logically divides hardware and software. An application metering capability provides insight into which applications have been installed, which have been paid for and which are being used. Such information makes this a real cost-cutting tool for IT.
IT managers can also see the full cradle-to-grave lifecycle of an asset, including contracts of all types associated with hardware and software, purchase orders, service-level agreements, warranties and even retirement and disposal documentation.
Administrators can calculate total cost of ownership by factoring in discoverable data such as purchase costs, monthly maintenance fees or chargeback costs. It's possible to customize AMS to include fields specific to an organization and also add non-discoverable information to an asset, such as an additional cost center.
It's also possible to designate who may view asset information by groups, which proves useful for security. For example, IT staff can limit asset visibility of a branch office to authorized people in that office.
AMS is optimized for and depends heavily on its associated Symantec discovery tools, CMS and SMS. Figuring out these dependencies may take a bit of time and some experimentation. According to Symantec, most deployments consist of AMS coupled with CMS.
With many organisations moving to hybrid cloud and remote work environments, the threat landscape is constantly shifting direction, and maintaining a secure network at the edge is taking centre stage.
There’s significant complexity in delivering a range of different services in an integrated way when needs are continually changing. This is where an integration model such as Secure Access Service Edge (SASE) aims to combine numerous network-based security functions into a simplified approach covering secure web gateways, firewalls, zero trust network access and cloud access security broker functionality — with software-defined wide-area network rolled into one.
SASE is expected to open new pathways to help customers conceptualise the components of a credible network and security environment.
However, first, partners need to nail both their technology and go-to market along with seeking out areas to continuously shape and Boost their integration model.
According to Gartner, the popularity of SASE is expected to snowball over the next few years, claiming it will be the dominant consumption model for WAN edge in new and updated deployments.
Arrow A/NZ general manager Karl Sice noted that customers were moving away from separate vendors and complicated product sets and are instead looking for a simpler unified technology solution that reduces overhead, increases security, is easy to maintain and can also integrate with other existing solutions.
“Migration and services skills are required to transition companies to the new networks, which not only boosts the partners profit, but allows for closer collaboration and ongoing maintenance of the customers SASE environment in the long term,” Sice said.
“Partners are now able to offer mature SASE solutions to their customers that reduce the complexity and cost of their network, Boost security posture of all connections, regardless of their location and Boost network performance of all applications.”
What are some of the core pillars that make up a successful SASE strategy?
According to Sice a successful SASE strategy for any company should incorporate and integrate a Zero Trust Network Access (ZTNA) strategy, with Firewall as a Service (FWaaS), Secure Web Gateways (SWG), Cloud Access Security Broker (CASB) and SD-WAN/VPN access and connectivity layers.
“Tying all of these technologies together and integrating the management and supervision of the environment is imperative to ensure the integrity of the network is maintained and secured at all times,” he said.
“A successful design, deployment and implementation of SASE not only provides a recurring revenue stream for partners with regards to implementation, management, renewals and support, but also allows partners to leverage their experience across multiple verticals, opening up new markets and opportunities to partners that might otherwise be inaccessible.
“A successfully managed SASE environment is a powerful reference that can be advertised in any market and then adapted to the specific client’s needs.”
Visibility and integration are two of the most important components in managing a SASE model, Sice said. Without visibility, the security of the network cannot be ensured and if one part of the network is unable to integrate with another for user profiles, device types and profiles, an end to end security strategy cannot be maintained.
“Partners need to be aware of the complexities that companies face in trying to manage ever-expanding and more complicated network environments,” he said.
“Simplifying and unifying their networks with a strong SASE design can reduce overheads and maintenance headaches without sacrificing security. Partners can now leverage best-of-breed SASE solutions that provide enterprise class security controls and visibility and are easy to maintain and support.”
In the wake of two high profile data breaches in Australia namely Optus and Medibank, partners have an opportunity to be the trusted advisors to organisations as they look to identify gaps in their cybersecurity strategies and mitigate any risks.
According to Symantec, a Division of Broadcom Software, for partners to help these organisations, they need to understand the entire threat landscape by developing the right skills and invest in offering the full breadth of cybersecurity solutions to their customers.
“SASE has been with us for several years now and there’s much focus on what are the features that define success rather than the customer outcome that SASE should deliver,” Symantec General Manager, Symantec Enterprise Division, Broadcom Software, Rob Greer said.
“As a cloud-first convergence of security and networking delivered to the edge, stronger security and a better user experience are at the forefront of any SASE deployment. Along with those, a customer should benefit from reduced operational complexity.
“Symantec SASE customers enjoy stronger security as we have one, if not the, most comprehensive cloud-delivered security portfolios in the market.
“Our deeply integrated Secure Web Gateway, DLP, CASB, ZTNA, Remote Browser Isolation and Sandboxing technologies (along with others) have been leaders in the market long before SASE had a name.”
Greer highlighted another Symantec strength is its network backbone particularly following its considerable investment to build its SASE upon Google Cloud for an optimal user experience.
“Symantec has never been more focused on being an R&D organisation. This makes us more reliant than ever on the strength of our partner ecosystem, opening the door for partners to play a greater role in the customer relationship to both create and sustain long-term value,” he said.
Westcon director, David Peach spotted one of the largest opportunities in considering your current ability, or appetite to build, your own full SASE solution, or whether you will partner with others in more of an ecosystem approach to meeting your customer needs.
“The right channel partnerships can create opportunities once you agree how you can cross sell alongside other like-minded partners,” Peach said. “Many organisations rushed out solutions to enable remote work back in early 2020. Offering an independent review of the ongoing suitability of those environments in the post-covid hybrid work world is a great way to start a conversation.”
Peach articulated that if customers aren’t already discussing a cyber security strategy with you as a partner, chances are, they’re already talking to someone else.
“So not having a security strategy that addresses the needs of a modern business, as SASE does, is not an option. How you choose to build that is up to you – not everyone can or should try to become expert in delivering an end-to-end ZTNA outcome - I am seeing more examples of partners with complementary skillsets combining for mutual success,” he advised.
One of the biggest challenges is customers want SASE, but they want it delivered “their way” and out-of-the box solutions don’t always work, Greer said.
“Customers often require hybrid SASE where users, data and security can be anywhere - including on-premises. And while they often may want to coexist on-premises and in the cloud, they don’t want to buy, operate or maintain two security stacks,” he said.
Westcon’s Peach warned not to try and take your customer from zero to a full SASE ZTNA solution, as different customers will evolve their requirements over time.
“Start with a particular team or addressing a particular concern (like protecting branches or a class of remote workers perhaps) and then build from there. Perfect your own support capabilities and then build out your SASE solution from there,” Peach said.
The MarketWatch News Department was not involved in the creation of this content.
Dec 09, 2022 (The Expresswire) -- Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this industry.
"IT Asset Management Software Market" Insights 2022 - By Applications (Large Enterprise, SMEs), By Types (Cloud Based, On-Premise), By Segmentation analysis, Regions and Forecast to 2028. The Global IT Asset Management Software market Report provides In-depth analysis on the market status of the IT Asset Management Software Top manufacturers with best facts and figures, meaning, Definition, SWOT analysis, PESTAL analysis, expert opinions and the latest developments across the globe., the IT Asset Management Software Market Report contains Full TOC, Tables and Figures, and Chart with Key Analysis, Pre and Post COVID-19 Market Outbreak Impact Analysis and Situation by Regions.
IT Asset Management Software Market Size is projected to Reach Multimillion USD by 2028, In comparison to 2021, at unexpected CAGR during the forecast Period 2022-2028.
Browse Detailed TOC, Tables and Figures with Charts which is spread across 115 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.
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IT Asset Management Software Market - Competitive and Segmentation Analysis:
IT Asset Management Software Market Reportproviding an overview of successful marketing strategies, market contributions, and latest developments of leading companies, the report also offers a dashboard overview of leading companies' past and present performance. Several methodologies and analyses are used in the research report to provide in-depth and accurate information about the IT Asset Management Software Market.
The Major players covered in the IT Asset Management Software market report are:
● Microsoft
● BMC Software
● IBM
● Symantec
● Micro Focus
● JustSAMIt
● Scalable Software
● Samanage
● HP
● Freshservice
● Spiceworks
● Real Asset Management
● Lansweeper
● InvGate
● Salesforce
● Infor
Short Description About IT Asset Management Software Market:
The Global IT Asset Management Software market is anticipated to rise at a considerable rate during the forecast period, between 2022 and 2028. In 2021, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
IT asset management software is a type of inventory monitoring software that is designed for the needs of IT managers. It can track from one to millions of pieces of hard and soft technology assets.
Market Analysis and Insights: Global IT Asset Management Software Market
The global IT Asset Management Software market size is projected to reach USD 3364 million by 2028, from USD 2254.4 million in 2021, at a CAGR of 5.8% during 2022-2028.
Fully considering the economic change by this health crisis, Cloud Based accounting for % of the IT Asset Management Software global market in 2021, is projected to value USD million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Large Enterprise segment is altered to an % CAGR throughout this forecast period.
China IT Asset Management Software market size is valued at USD million in 2021, while the North America and Europe IT Asset Management Software are USD million and USD million, severally. The proportion of the North America is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe IT Asset Management Software landscape, Germany is projected to reach USD million by 2028 trailing a CAGR of % over the forecast period.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global IT Asset Management Software market to help players in achieving a strong market position. Buyers of the report can access Checked and reliable market forecasts, including those for the overall size of the global IT Asset Management Software market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global IT Asset Management Software market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global IT Asset Management Software market.
Global IT Asset Management Software Scope and Market Size
IT Asset Management Software market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global IT Asset Management Software market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-20
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IT Asset Management Software Market is further classified on the basis of region as follows:
● North America (United States, Canada and Mexico) ● Europe (Germany, UK, France, Italy, Russia and Turkey etc.) ● Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam) ● South America (Brazil, Argentina, Columbia etc.) ● Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)This IT Asset Management Software Market Research/Analysis Report Contains Answers to your following Questions
● What are the global trends in the IT Asset Management Software market? Would the market witness an increase or decline in the demand in the coming years? ● What is the estimated demand for different types of products in IT Asset Management Software? What are the upcoming industry applications and trends for IT Asset Management Software market? ● What Are Projections of Global IT Asset Management Software Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export? ● Where will the strategic developments take the industry in the mid to long-term? ● What are the factors contributing to the final price of IT Asset Management Software? What are the raw materials used for IT Asset Management Software manufacturing? ● How big is the opportunity for the IT Asset Management Software market? How will the increasing adoption of IT Asset Management Software for mining impact the growth rate of the overall market? ● How much is the global IT Asset Management Software market worth? What was the value of the market In 2020? ● Who are the major players operating in the IT Asset Management Software market? Which companies are the front runners? ● Which are the latest industry trends that can be implemented to generate additional revenue streams? ● What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for IT Asset Management Software Industry?Customization of the Report
Our research analysts will help you to get customized details for your report, which can be modified in terms of a specific region, application or any statistical details. In addition, we are always willing to comply with the study, which triangulated with your own data to make the market research more comprehensive in your perspective.
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Detailed TOC of Global IT Asset Management Software Market Insights and Forecast to 2028
1 IT Asset Management Software Market Overview
1.1 Product Overview and Scope of IT Asset Management Software
1.2 IT Asset Management Software Segment by Type
1.2.1 Global IT Asset Management Software Market Size Growth Rate Analysis by Type 2022 VS 2028
1.3 IT Asset Management Software Segment by Application
1.3.1 Global IT Asset Management Software Consumption Comparison by Application: 2022 VS 2028
1.4 Global Market Growth Prospects
1.4.1 Global IT Asset Management Software Revenue Estimates and Forecasts (2017-2028)
1.4.2 Global IT Asset Management Software Production Estimates and Forecasts (2017-2028)
1.5 Global Market Size by Region
1.5.1 Global IT Asset Management Software Market Size Estimates and Forecasts by Region: 2017 VS 2021 VS 2028
1.5.2 North America IT Asset Management Software Estimates and Forecasts (2017-2028)
1.5.3 Europe IT Asset Management Software Estimates and Forecasts (2017-2028)
1.5.4 China IT Asset Management Software Estimates and Forecasts (2017-2028)
1.5.5 Japan IT Asset Management Software Estimates and Forecasts (2017-2028)
1.5.6 South Korea IT Asset Management Software Estimates and Forecasts (2017-2028)
2 Market Competition by Manufacturers
2.1 Global IT Asset Management Software Production Market Share by Manufacturers (2017-2022)
2.2 Global IT Asset Management Software Revenue Market Share by Manufacturers (2017-2022)
2.3 IT Asset Management Software Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.4 Global IT Asset Management Software Average Price by Manufacturers (2017-2022)
2.5 Manufacturers IT Asset Management Software Production Sites, Area Served, Product Types
2.6 IT Asset Management Software Market Competitive Situation and Trends
2.6.1 IT Asset Management Software Market Concentration Rate
2.6.2 Global 5 and 10 Largest IT Asset Management Software Players Market Share by Revenue
2.6.3 Mergers and Acquisitions, Expansion
3 Production by Region
3.1 Global Production of IT Asset Management Software Market Share by Region (2017-2022)
3.2 Global IT Asset Management Software Revenue Market Share by Region (2017-2022)
3.3 Global IT Asset Management Software Production, Revenue, Price and Gross Margin (2017-2022)
3.4 North America IT Asset Management Software Production
3.4.1 North America IT Asset Management Software Production Growth Rate (2017-2022)
3.4.2 North America IT Asset Management Software Production, Revenue, Price and Gross Margin (2017-2022)
3.5 Europe IT Asset Management Software Production
3.5.1 Europe IT Asset Management Software Production Growth Rate (2017-2022)
3.5.2 Europe IT Asset Management Software Production, Revenue, Price and Gross Margin (2017-2022)
3.6 China IT Asset Management Software Production
3.6.1 China IT Asset Management Software Production Growth Rate (2017-2022)
3.6.2 China IT Asset Management Software Production, Revenue, Price and Gross Margin (2017-2022)
3.7 Japan IT Asset Management Software Production
3.7.1 Japan IT Asset Management Software Production Growth Rate (2017-2022)
3.7.2 Japan IT Asset Management Software Production, Revenue, Price and Gross Margin (2017-2022)
3.8 South Korea IT Asset Management Software Production
3.8.1 South Korea IT Asset Management Software Production Growth Rate (2017-2022)
3.8.2 South Korea IT Asset Management Software Production, Revenue, Price and Gross Margin (2017-2022)
4 Global IT Asset Management Software Consumption by Region
4.1 Global IT Asset Management Software Consumption by Region
4.1.1 Global IT Asset Management Software Consumption by Region
4.1.2 Global IT Asset Management Software Consumption Market Share by Region
4.2 North America
4.2.1 North America IT Asset Management Software Consumption by Country
4.2.2 United States
4.2.3 Canada
4.3 Europe
4.3.1 Europe IT Asset Management Software Consumption by Country
4.3.2 Germany
4.3.3 France
4.3.4 U.K.
4.3.5 Italy
4.3.6 Russia
4.4 Asia Pacific
4.4.1 Asia Pacific IT Asset Management Software Consumption by Region
4.4.2 China
4.4.3 Japan
4.4.4 South Korea
4.4.5 China Taiwan
4.4.6 Southeast Asia
4.4.7 India
4.4.8 Australia
4.5 Latin America
4.5.1 Latin America IT Asset Management Software Consumption by Country
4.5.2 Mexico
4.5.3 Brazil
5 Segment by Type
5.1 Global IT Asset Management Software Production Market Share by Type (2017-2022)
5.2 Global IT Asset Management Software Revenue Market Share by Type (2017-2022)
5.3 Global IT Asset Management Software Price by Type (2017-2022)
6 Segment by Application
6.1 Global IT Asset Management Software Production Market Share by Application (2017-2022)
6.2 Global IT Asset Management Software Revenue Market Share by Application (2017-2022)
6.3 Global IT Asset Management Software Price by Application (2017-2022)
7 Key Companies Profiled
7.1 Company 1
7.1.1 Company 1 IT Asset Management Software Corporation Information
7.1.2 Company 1 IT Asset Management Software Product Portfolio
7.1.3 Company 1 IT Asset Management Software Production, Revenue, Price and Gross Margin (2017-2022)
7.1.4 Company 1 Main Business and Markets Served
7.1.5 Company 1 latest Developments/Updates
Continued..
8 IT Asset Management Software Manufacturing Cost Analysis
8.1 IT Asset Management Software Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of IT Asset Management Software
8.4 IT Asset Management Software Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 IT Asset Management Software Distributors List
9.3 IT Asset Management Software Customers
10 Market Dynamics
10.1 IT Asset Management Software Industry Trends
10.2 IT Asset Management Software Market Drivers
10.3 IT Asset Management Software Market Challenges
10.4 IT Asset Management Software Market Restraints
11 Production and Supply Forecast
11.1 Global Forecasted Production of IT Asset Management Software by Region (2023-2028)
11.2 North America IT Asset Management Software Production, Revenue Forecast (2023-2028)
11.3 Europe IT Asset Management Software Production, Revenue Forecast (2023-2028)
11.4 China IT Asset Management Software Production, Revenue Forecast (2023-2028)
11.5 Japan IT Asset Management Software Production, Revenue Forecast (2023-2028)
11.6 South Korea IT Asset Management Software Production, Revenue Forecast (2023-2028)
12 Consumption and Demand Forecast
12.1 Global Forecasted Demand Analysis of IT Asset Management Software
12.2 North America Forecasted Consumption of IT Asset Management Software by Country
12.3 Europe Market Forecasted Consumption of IT Asset Management Software by Country
12.4 Asia Pacific Market Forecasted Consumption of IT Asset Management Software by Region
12.5 Latin America Forecasted Consumption of IT Asset Management Software by Country
13 Forecast by Type and by Application (2023-2028)
13.1 Global Production, Revenue and Price Forecast by Type (2023-2028)
13.1.1 Global Forecasted Production of IT Asset Management Software by Type (2023-2028)
13.1.2 Global Forecasted Revenue of IT Asset Management Software by Type (2023-2028)
13.1.3 Global Forecasted Price of IT Asset Management Software by Type (2023-2028)
13.2 Global Forecasted Consumption of IT Asset Management Software by Application (2023-2028)
13.2.1 Global Forecasted Production of IT Asset Management Software by Application (2023-2028)
13.2.2 Global Forecasted Revenue of IT Asset Management Software by Application (2023-2028)
13.2.3 Global Forecasted Price of IT Asset Management Software by Application (2023-2028)
14 Research Finding and Conclusion
15 Methodology and Data Source
15.1 Methodology/Research Approach
15.1.1 Research Programs/Design
15.1.2 Market Size Estimation
15.1.3 Market Breakdown and Data Triangulation
15.2 Data Source
15.2.1 Secondary Sources
15.2.2 Primary Sources
15.3 Author List
15.4 Disclaimer
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New, cloud-enabled approaches to application development require new approaches to securing them. Specifically, cloud-native applications typically employ containerization and microsegmentation of workloads to limit so-called east-west access of workloads. This includes communications among containers when they’re combined into an application.
That strategy stands in contrast to virtual machines or runtime code operating on servers in data centers, where the primary security is perimeter protection, which secures north-south access between clients and servers.
In a hybrid...
New, cloud-enabled approaches to application development require new approaches to securing them. Specifically, cloud-native applications typically employ containerization and microsegmentation of workloads to limit so-called east-west access of workloads. This includes communications among containers when they’re combined into an application.
That strategy stands in contrast to virtual machines or runtime code operating on servers in data centers, where the primary security is perimeter protection, which secures north-south access between clients and servers.
In a hybrid environment, agencies must augment the paradigm of perimeter protection with a strategy of protection at the microsegment level, said Patrick Sullivan, chief technology officer for security strategy at Akamai. Together, these approaches form the basis of zero trust, he said during Federal News Network’s Industry Exchange Cloud.
“You still need to protect that front end,” Sullivan said. “But then behind that, with microsegmentation, you can restrict those communication paths. So even in the worst-case scenario, where an attacker gains a foothold on one workload — maybe a web server, for example — they’re very much limited in what they can do to go forward.”
Akamai itself has transformed from its roots as an internet content delivery network, Sullivan noted. “We’ve expanded to be the leader in web app and application programming interface protection,” he said. “We’ve been a big player in zero trust access.”
In 2023, the company expects its cybersecurity revenues to exceed those of its streaming and website performance services, Sullivan said.
Few agencies are totally cloud-dependent. Most operate in hybrid environments: in their own data centers and in multiple clouds. And within clouds, they operate in multiple ways as well, he noted. Some cloud-hosted workloads exist as replications of servers in the data center, the rack-and-stack approach, for example.
By contrast, “the counter to rack-and-stack is more of a cloud-native type of approach, where you look at the unique capabilities of the cloud and kind of revisit some of those design assumptions,” Sullivan said.
That extends to security services too. Perimeter security may still work from a physical firewall appliance, but “where security exists in a software-based segmentation model is right there on the workload,” Sullivan said.
In that cloud-native model, each container when spun up into a workload invokes an agent according to a tag or multiple tags, he explained. These include both static tags that persist, inherited from the inception of the service, as well as dynamic tags that query the workload for vulnerabilities encountered in production.
“The security decision would be made right there on the workload,” Sullivan said.
API protection is also an important element of zero trust in cloud-native environments, he added. That’s because containers interact with one another via APIs.
“API’s have their own attack surface,” Sullivan said. “The Open Web Application Security Project list of Top 10 vulnerabilities is slightly different for an API than it would be for a web attack surface. A lot of that is just due to the more direct exposure of business logic that you see with [container] APIs.”
The explosion of APIs from developing containerized applications running in microsegmented networks changes the job of the security staff, he said. “The primary challenge for the security team is visibility, understanding where all of those API’s exist.”
The way to gain that visibility is through a development governance process that gives the security team an opportunity to review APIs, he said. Then it becomes a matter of risk management and dealing with the riskiest APIs first. Enabling this approach, Sullivan said, are the emergence of web app and API protection (WAAP) platforms.
Security in the zero trust model — at the API and micro-service level — lessens the need to worry about threat vectors such as phishing and bot attacks. There’s no soft interior behind a hardened perimeter, Sullivan said and likened the new approach to the resiliency and damage-limiting design of ship hulls.
“You design the hull to be as robust as possible, but there is always compartmentalization beyond that. So that even in that worst-case scenario, where there’s a compromise of the hull, it doesn’t have to be catastrophic. You can restrict the exposure to a limited area of the vessel.”
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Dec 05, 2022 (The Expresswire) -- Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this industry.
"Mobile Content Management Market" Insights 2022 - By Applications (Financial Services, Medical, Retail, Media, Government, Communication, Public Utilities, Other), By Types (Cloud-based, On-Premise-based), By Segmentation analysis, Regions and Forecast to 2028. The Global Mobile Content Management market Report provides In-depth analysis on the market status of the Mobile Content Management Top manufacturers with best facts and figures, meaning, Definition, SWOT analysis, PESTAL analysis, expert opinions and the latest developments across the globe., the Mobile Content Management Market Report contains Full TOC, Tables and Figures, and Chart with Key Analysis, Pre and Post COVID-19 Market Outbreak Impact Analysis and Situation by Regions.
Mobile Content Management Market Size is projected to Reach Multimillion USD by 2028, In comparison to 2021, at unexpected CAGR during the forecast Period 2022-2028.
Browse Detailed TOC, Tables and Figures with Charts which is spread across 90 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.
Considering the economic change due to COVID-19 and Russia-Ukraine War Influence, Mobile Content Management, which accounted for % of the global market of Mobile Content Management in 2021
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Moreover, it helps new businesses perform a positive assessment of their business plans because it covers a range of syllabus market participants must be aware of to remain competitive.
Mobile Content Management Market Report identifies various key players in the market and sheds light on their strategies and collaborations to combat competition. The comprehensive report provides a two-dimensional picture of the market. By knowing the global revenue of manufacturers, the global price of manufacturers, and the production by manufacturers during the forecast period of 2022 to 2028, the reader can identify the footprints of manufacturers in the Mobile Content Management industry.
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Mobile Content Management Market - Competitive and Segmentation Analysis:
Mobile Content Management Market Reportproviding an overview of successful marketing strategies, market contributions, and latest developments of leading companies, the report also offers a dashboard overview of leading companies' past and present performance. Several methodologies and analyses are used in the research report to provide in-depth and accurate information about the Mobile Content Management Market.
The Major players covered in the Mobile Content Management market report are:
● AirWatch
● Broadcom
● MobileIron
● SAP
● Symantec
● Alfresco Software
● Good Technology
● SOTI
● Sophos
● Citrix Systems
Short Description About Mobile Content Management Market:
The Global Mobile Content Management market is anticipated to rise at a considerable rate during the forecast period, between 2022 and 2028. In 2021, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
The mobile content management market is driven by factors such as data security concerns in enterprises, increasing adoption of mobile devices and consumerization of IT.
Enterprises are estimated to contribute the largest market share duing the forecast period.
Market Analysis and Insights: Global Mobile Content Management Market
The global Mobile Content Management market size is projected to reach USD 9831.4 million by 2026, from USD 2977.1 million in 2019, at a CAGR of 18.4% during 2021-2026.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Mobile Content Management market to help players in achieving a strong market position. Buyers of the report can access Checked and reliable market forecasts, including those for the overall size of the global Mobile Content Management market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Mobile Content Management market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Mobile Content Management market.
Global Mobile Content Management Scope and Market Size
Mobile Content Management market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Mobile Content Management market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.
Get a sample Copy of the Mobile Content Management Report 2022
Mobile Content Management Market is further classified on the basis of region as follows:
● North America (United States, Canada and Mexico) ● Europe (Germany, UK, France, Italy, Russia and Turkey etc.) ● Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam) ● South America (Brazil, Argentina, Columbia etc.) ● Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)This Mobile Content Management Market Research/Analysis Report Contains Answers to your following Questions
● What are the global trends in the Mobile Content Management market? Would the market witness an increase or decline in the demand in the coming years? ● What is the estimated demand for different types of products in Mobile Content Management? What are the upcoming industry applications and trends for Mobile Content Management market? ● What Are Projections of Global Mobile Content Management Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export? ● Where will the strategic developments take the industry in the mid to long-term? ● What are the factors contributing to the final price of Mobile Content Management? What are the raw materials used for Mobile Content Management manufacturing? ● How big is the opportunity for the Mobile Content Management market? How will the increasing adoption of Mobile Content Management for mining impact the growth rate of the overall market? ● How much is the global Mobile Content Management market worth? What was the value of the market In 2020? ● Who are the major players operating in the Mobile Content Management market? Which companies are the front runners? ● Which are the latest industry trends that can be implemented to generate additional revenue streams? ● What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Mobile Content Management Industry?Customization of the Report
Our research analysts will help you to get customized details for your report, which can be modified in terms of a specific region, application or any statistical details. In addition, we are always willing to comply with the study, which triangulated with your own data to make the market research more comprehensive in your perspective.
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Detailed TOC of Global Mobile Content Management Market Insights and Forecast to 2028
1 Mobile Content Management Market Overview
1.1 Product Overview and Scope of Mobile Content Management
1.2 Mobile Content Management Segment by Type
1.2.1 Global Mobile Content Management Market Size Growth Rate Analysis by Type 2022 VS 2028
1.3 Mobile Content Management Segment by Application
1.3.1 Global Mobile Content Management Consumption Comparison by Application: 2022 VS 2028
1.4 Global Market Growth Prospects
1.4.1 Global Mobile Content Management Revenue Estimates and Forecasts (2017-2028)
1.4.2 Global Mobile Content Management Production Estimates and Forecasts (2017-2028)
1.5 Global Market Size by Region
1.5.1 Global Mobile Content Management Market Size Estimates and Forecasts by Region: 2017 VS 2021 VS 2028
1.5.2 North America Mobile Content Management Estimates and Forecasts (2017-2028)
1.5.3 Europe Mobile Content Management Estimates and Forecasts (2017-2028)
1.5.4 China Mobile Content Management Estimates and Forecasts (2017-2028)
1.5.5 Japan Mobile Content Management Estimates and Forecasts (2017-2028)
1.5.6 South Korea Mobile Content Management Estimates and Forecasts (2017-2028)
2 Market Competition by Manufacturers
2.1 Global Mobile Content Management Production Market Share by Manufacturers (2017-2022)
2.2 Global Mobile Content Management Revenue Market Share by Manufacturers (2017-2022)
2.3 Mobile Content Management Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.4 Global Mobile Content Management Average Price by Manufacturers (2017-2022)
2.5 Manufacturers Mobile Content Management Production Sites, Area Served, Product Types
2.6 Mobile Content Management Market Competitive Situation and Trends
2.6.1 Mobile Content Management Market Concentration Rate
2.6.2 Global 5 and 10 Largest Mobile Content Management Players Market Share by Revenue
2.6.3 Mergers and Acquisitions, Expansion
3 Production by Region
3.1 Global Production of Mobile Content Management Market Share by Region (2017-2022)
3.2 Global Mobile Content Management Revenue Market Share by Region (2017-2022)
3.3 Global Mobile Content Management Production, Revenue, Price and Gross Margin (2017-2022)
3.4 North America Mobile Content Management Production
3.4.1 North America Mobile Content Management Production Growth Rate (2017-2022)
3.4.2 North America Mobile Content Management Production, Revenue, Price and Gross Margin (2017-2022)
3.5 Europe Mobile Content Management Production
3.5.1 Europe Mobile Content Management Production Growth Rate (2017-2022)
3.5.2 Europe Mobile Content Management Production, Revenue, Price and Gross Margin (2017-2022)
3.6 China Mobile Content Management Production
3.6.1 China Mobile Content Management Production Growth Rate (2017-2022)
3.6.2 China Mobile Content Management Production, Revenue, Price and Gross Margin (2017-2022)
3.7 Japan Mobile Content Management Production
3.7.1 Japan Mobile Content Management Production Growth Rate (2017-2022)
3.7.2 Japan Mobile Content Management Production, Revenue, Price and Gross Margin (2017-2022)
3.8 South Korea Mobile Content Management Production
3.8.1 South Korea Mobile Content Management Production Growth Rate (2017-2022)
3.8.2 South Korea Mobile Content Management Production, Revenue, Price and Gross Margin (2017-2022)
4 Global Mobile Content Management Consumption by Region
4.1 Global Mobile Content Management Consumption by Region
4.1.1 Global Mobile Content Management Consumption by Region
4.1.2 Global Mobile Content Management Consumption Market Share by Region
4.2 North America
4.2.1 North America Mobile Content Management Consumption by Country
4.2.2 United States
4.2.3 Canada
4.3 Europe
4.3.1 Europe Mobile Content Management Consumption by Country
4.3.2 Germany
4.3.3 France
4.3.4 U.K.
4.3.5 Italy
4.3.6 Russia
4.4 Asia Pacific
4.4.1 Asia Pacific Mobile Content Management Consumption by Region
4.4.2 China
4.4.3 Japan
4.4.4 South Korea
4.4.5 China Taiwan
4.4.6 Southeast Asia
4.4.7 India
4.4.8 Australia
4.5 Latin America
4.5.1 Latin America Mobile Content Management Consumption by Country
4.5.2 Mexico
4.5.3 Brazil
5 Segment by Type
5.1 Global Mobile Content Management Production Market Share by Type (2017-2022)
5.2 Global Mobile Content Management Revenue Market Share by Type (2017-2022)
5.3 Global Mobile Content Management Price by Type (2017-2022)
6 Segment by Application
6.1 Global Mobile Content Management Production Market Share by Application (2017-2022)
6.2 Global Mobile Content Management Revenue Market Share by Application (2017-2022)
6.3 Global Mobile Content Management Price by Application (2017-2022)
7 Key Companies Profiled
7.1 Company 1
7.1.1 Company 1 Mobile Content Management Corporation Information
7.1.2 Company 1 Mobile Content Management Product Portfolio
7.1.3 Company 1 Mobile Content Management Production, Revenue, Price and Gross Margin (2017-2022)
7.1.4 Company 1 Main Business and Markets Served
7.1.5 Company 1 latest Developments/Updates
Continued..
8 Mobile Content Management Manufacturing Cost Analysis
8.1 Mobile Content Management Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Mobile Content Management
8.4 Mobile Content Management Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 Mobile Content Management Distributors List
9.3 Mobile Content Management Customers
10 Market Dynamics
10.1 Mobile Content Management Industry Trends
10.2 Mobile Content Management Market Drivers
10.3 Mobile Content Management Market Challenges
10.4 Mobile Content Management Market Restraints
11 Production and Supply Forecast
11.1 Global Forecasted Production of Mobile Content Management by Region (2023-2028)
11.2 North America Mobile Content Management Production, Revenue Forecast (2023-2028)
11.3 Europe Mobile Content Management Production, Revenue Forecast (2023-2028)
11.4 China Mobile Content Management Production, Revenue Forecast (2023-2028)
11.5 Japan Mobile Content Management Production, Revenue Forecast (2023-2028)
11.6 South Korea Mobile Content Management Production, Revenue Forecast (2023-2028)
12 Consumption and Demand Forecast
12.1 Global Forecasted Demand Analysis of Mobile Content Management
12.2 North America Forecasted Consumption of Mobile Content Management by Country
12.3 Europe Market Forecasted Consumption of Mobile Content Management by Country
12.4 Asia Pacific Market Forecasted Consumption of Mobile Content Management by Region
12.5 Latin America Forecasted Consumption of Mobile Content Management by Country
13 Forecast by Type and by Application (2023-2028)
13.1 Global Production, Revenue and Price Forecast by Type (2023-2028)
13.1.1 Global Forecasted Production of Mobile Content Management by Type (2023-2028)
13.1.2 Global Forecasted Revenue of Mobile Content Management by Type (2023-2028)
13.1.3 Global Forecasted Price of Mobile Content Management by Type (2023-2028)
13.2 Global Forecasted Consumption of Mobile Content Management by Application (2023-2028)
13.2.1 Global Forecasted Production of Mobile Content Management by Application (2023-2028)
13.2.2 Global Forecasted Revenue of Mobile Content Management by Application (2023-2028)
13.2.3 Global Forecasted Price of Mobile Content Management by Application (2023-2028)
14 Research Finding and Conclusion
15 Methodology and Data Source
15.1 Methodology/Research Approach
15.1.1 Research Programs/Design
15.1.2 Market Size Estimation
15.1.3 Market Breakdown and Data Triangulation
15.2 Data Source
15.2.1 Secondary Sources
15.2.2 Primary Sources
15.3 Author List
15.4 Disclaimer
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COMTEX_420265187/2598/2022-12-05T20:42:05
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Latest Study on Industrial Growth of Global Mobile Content Management Market 2023-2029. A detailed study accumulated to offer Latest insights about acute features of the Mobile Content Management market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary, and SWOT analysis.
The Major Players Covered in this Report: Citrix Systems, Mobileiron, SAP SE, Symantec, Alfresco Software, Good Technology, SOTI & Soph
Mobile Content Management Market Study guarantees you to remain/stay advised higher than your competition. With Structured tables and figures examining the Mobile Content Management, the research document provides you with a leading product, submarkets, revenue size, and forecast for 2029. Comparatively, it also classifies emerging as well as leaders in the industry.
Click To get sample PDF of Mobile Content Management Market (Including Full TOC, Table & Figures) @ https://www.htfmarketreport.com/sample-report/4200445-global-mobile-content-management-market-10
This study also covers company profiling, specifications and product picture, sales, market share, and contact information of various regional, international, and local vendors of Global Mobile Content Management Market. The market proposition is frequently developing ahead with the rise in scientific innovation and M&A activities in the industry. Additionally, many local and regional vendors are offering specific application products for varied end-users. The new merchant applicants in the market are finding it hard to compete with international vendors based on reliability, quality, and modernism in technology.
Read Detailed Index of full Research Study at @ https://www.htfmarketreport.com/reports/4200445-global-mobile-content-management-market-10
The titled segments and sub-section of the market are illuminated below:
In-depth analysis of Global Mobile Content Management market segments by Types: , Cloud & On-Premises
Detailed analysis of Global Mobile Content Management market segments by Applications: Academia, Manufacturing, Banking, Energy, Government & Others
Major Key Players of the Market: Citrix Systems, Mobileiron, SAP SE, Symantec, Alfresco Software, Good Technology, SOTI & Soph
Regional Analysis for Global Mobile Content Management Market:
– APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
– Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
– North America (U.S., Canada, and Mexico)
– South America (Brazil, Chile, Argentina, Rest of South America)
– MEA (Saudi Arabia, UAE, South Africa)
Furthermore, the years considered for the study are as follows:
Historical year – 2017-2022E
Base year – 2021
Forecast period** – 2023 to 2029 [** unless otherwise stated]
**Moreover, it will also include the opportunities available in micro markets for stakeholders to invest, a detailed analysis of the competitive landscape, and product services of key players.
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Key takeaways from the Global Mobile Content Management market report:
– Detailed consideration of Mobile Content Management market-particular drivers, Trends, constraints, Restraints, Opportunities, and major micro markets.
– Comprehensive valuation of all prospects and threats in the
– In-depth study of industry strategies for growth of the Mobile Content Management market-leading players.
– Mobile Content Management market latest innovations and major procedures.
– Favorable dip inside Vigorous high-tech and market latest trends remarkable the Market.
– Conclusive study about the growth conspiracy of Mobile Content Management market for forthcoming years.
What to Expect from this Report On Mobile Content Management Market:
1. A comprehensive summary of several area distributions and the summary types of popular products in the Mobile Content Management Market.
2. You can fix up the growing databases for your industry when you have info on the cost of the production, cost of the products, and cost of the production for the next future years.
3. Thorough Evaluation of the break-in for new companies who want to enter the Mobile Content Management Market.
4. Exactly how do the most important companies and mid-level companies make income within the Market?
5. Complete research on the overall development within the Mobile Content Management Market that helps you select the product launch and overhaul growths.
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Detailed TOC of Mobile Content Management Market Research Report-
– Mobile Content Management Introduction and Market Overview
– Mobile Content Management Market, by Application [Academia, Manufacturing, Banking, Energy, Government & Others]
– Mobile Content Management Industry Chain Analysis
– Mobile Content Management Market, by Type [, Cloud & On-Premises]
– Industry Manufacture, Consumption, Export, Import by Regions (2017-2022E)
– Industry Value ($) by Region (2017-2022E)
– Mobile Content Management Market Status and SWOT Analysis by Regions
– Major Region of Mobile Content Management Market
i) Global Mobile Content Management Sales
ii) Global Mobile Content Management Revenue & market share
– Major Companies List
– Conclusion
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COMTEX_419106174/2808/2022-11-17T10:18:02
Kris Hagerman says his security firm is picking up some business due to customers’ concerns over the proposed Broadcom-VMware merger.
Sophos chief executive Kris Hagerman says his British security company is picking up new business from VMware customers nervous about Broadcom’s proposed $61 billion takeover of VMware.
In a latest interview with CRN, Hagerman said Broadcom, the semiconductor heavyweight now branching out into other tech fields, appears to be following the same customer and channel strategies with VMware that it used after its often-criticized takeover of Symantec’s enterprise business for more $10.7 billion in 2019.
Asked by CRN during a latest interview whether he saw an opportunity for Sophos to nab some VMware customers and partners due to the proposed merger, which includes the VMware Carbon Black security solutions, Hagerman replied, “Well, of course.”
He added: “The reality is we saw the same thing with Broadcom’s acquisition of Symantec. And I think this is a stated strategy of a Broadcom. That they really only focus on their top 500 to 1,000 customers. And as a result, they essentially step back almost entirely from the channel — and you’ve seen that in spades with Symantec and the acquisition of Symantec.”
He said smaller customers will be impacted along with partners as a result of any merger.
“They (at Broadcom) also essentially step back from almost all of their customers if they’re not in the top 500 or 1.000. And, as a result, it ends up opening up opportunities for all sorts of other vendors, including Sophos.”
Asked what VMware customers and partners were telling Sophos, Hagerman said: “They’re saying exactly the same thing that all those Symantec customers and partners said. There’s just exactly the same movie playing over. It’s literally the same game plan being applied to a new acquisition.”
He added: “So all those partners and customers, they just say, ‘OK, yeah, it‘s very obvious what’s going to happen. The same thing that happened with the Symantec products and partners and customers. The same thing is going to happen with VMware and the same thing is going to happen with the Carbon Black component underneath VMware.’”
Hagerman is not the only tech CEO to say that VMware customers and partners are reaching out to other vendors following Broadcom’s announcement last spring that it planned to buy VMWare.
At The Channel Company’s Best of Breed conference in Atlanta earlier this year, CrowdStrike chief executive George Kurtz said his cybersecurity company is fielding inquiries from a number of VMware customers concerned about the proposed Broadcom-VMware merger.
Since last spring’s merger announcement, Broadcom and VMware officials have aggressively pushed back at the notion that a VMware takeover will merely be a repeat of the budget cuts and price increases that happened after past Broadcom acquisitions.
Asked by CRN for a response to Hagerman’s comments, a Broadcom spokesman pointed to two latest posts, one on Wednesday and the other last month, by Broadcom president and CEO Hock Tan.
In his post earlier this week, Tan addressed frequently expressed fears that Broadcom plans to raise prices for VMware products after the proposed merger goes through, assuming it gets final regulatory approvals.
“I’ve continued to see questions in press reports about whether we intend to raise prices on VMware products. The answer is simple: No,” Tan said in his post.
He also asserted that all customers will be treated fairly.
“Following the transaction’s close, we’re going to focus on making VMware’s products better for all of our customers, including enterprise customers who want products that are even easier to use. And, to be clear, we intend to continue serving customers of all sizes,” he said in the Nov. 30 post.
Tan added: “VMware has a robust partner ecosystem that we will build upon to help us serve even the smallest companies. In short, we plan to take a ‘no customer left behind’ approach.”
Worth Davis, senior vice president at Calian IT & Cyber Solutions, an Ottawa, Ontario-based solutions provider, said most partners assume VMware products will cost more after a merger with Broadcom.
“They know what’s coming. They know prices will increase,” he said.
Davis, whose firm is a VMware partner, said many customers and partners may talk about switching to new vendors, but he said it’s easier said than done. “It’s difficult to get out of a technical architecture decision.”
He said he’s not abandoning VMware products because they offer “critical technology.”
He added he wouldn’t be surprised if Broadcom ended up focusing on VMware’s top 500 to 1,000 customers. “It’s something everyone does,” he said.
Back in 2018, Refael Angel, a former security software engineer at Intuit, had an idea for a new approach to protect encryption keys — the random string of bits created to scramble and unscramble data — on the cloud. He met with Shai Onn and then Oded Hareven, with whom Angel had worked five years earlier, to look for signs of product-market fit. After finding it, the three co-founders together built a service for managing passwords, API keys and digital certificates, which evolved into a fully fledged business — Akeyless — over the course of the next several years.
Today, Akeyless is thriving, Angel tells me — despite fierce competition from incumbents like Hashicorp Vault, AWS Secrets Manager and Google Cloud’s Secret Manager. Akeyless has customers across the retail, fintech, insurance and gaming sectors, among others, including Wix and Outbrain. And the company’s revenue has increased 350% over the past year.
“The pandemic and resulting workforce trends, such as work-from-home initiatives, have only increased the need for employees to access corporate IT resources remotely and have accelerated the adoption of cloud technologies and increased the number of secrets needed,” Shai told TechCrunch in an email interview. In software development, “secrets” refer to credentials like passwords and access tokens. “Similarly, the economic downturn and tech slowdown stand to only further encourage organizations to seek software-as-a-service-based solutions that offer faster deployment, low to zero maintenance, global auto-scalability, lower total cost of ownership and higher adoption rates.“
To lay the groundwork for future growth, Akeyless today closed a $65 million Series B round — $45.5 million in equity and $19.5 million in debt — led by NGP Capital with participation from Team8 Capital and Jerusalem Venture Partners. Bringing Akeyless’s total funding to date to $80 million, the new capital gives the company at least two and a half years of runway and will be put toward various sales, marketing, customer service and product development initiatives, Hareven said via email.
“This will allow us to navigate the current economic climate and continue to provide our much-needed solution to the market,” he added.
Akeyless’s co-founders attribute the startup’s success in part to the comprehensiveness of its product offerings. Akeyless both encrypts and signs the certificates, credentials and keys that organizations use to provide access to their systems, apps and data. The platform performs cryptographic operations using fragments of an encryption key that reside across different regions and cloud providers. The fragments are never combined — not even during the encryption and decryption process, Hareven claims — and one of the fragments is created on the customer side to ensure Akeyless has zero knowledge of the keys.
An abstracted view of the Akeyless secrets management dashboard. Image Credits: Akeyless
The core problem Akeyless attempts to tackle is what Hareven refers to as “secret sprawl.” As a company’s IT environment expands, so does the amount of passwords, API keys and certificates that the company uses to enable authentication between processes, services and databases, he notes. Those passwords and keys are found in code, configuration files and automation tools, introducing risk that could result in data breaches.
According to a 2021 survey from code security platform GitGuardian, three code commits out of 1,000 expose at least one secret. GitGuardian estimates that app security engineers on average have to handle over 3,400 secrets occurrences. And in a separate report from Forrester published in the same year, developers revealed that 57% of their employers experienced a security incident related to exposed secrets within the past two years.
Akeyless’s solution is centralizing secrets through plug-ins for existing IT, dev, and security tools and capabilities like disaster recovery, Hareven continued. Secrets stored by the platform are made accessible in all of a company’s environments.
“While modern secret management solutions address the security challenges of [development] environments, many organizations are still forced to rely on siloed and disconnected tools for securing secrets in legacy environments,” Hareven said. “Our customers are expressing a need for the convergence of legacy tools to reduce risks and Boost compliance across all environments and use cases.”
Akeyless certainly occupies a large and profitable sector — Grand View Research predicts that the market for password management software will be worth up to $2.05 billion by 2025. But it’ll have to fend off rivals like Doppler, which recently raised $20 million for its platform to help companies manage their app secrets. Another challenge will be convincing holdouts to embrace secrets management as a discipline; according to one report, only 10% of organizations were using secrets management solutions as of 2019.
If Akeyless’s co-founders have concerns, they didn’t show it. To the contrary, Hareven pointed to the team’s track record in cybersecurity — Onn’s previous security venture, Fireglass, was acquired by Symantec for $250 million — and noted that Akeyless is expanding, with plans to double its 80-person workforce by the end of next year.
Hareven didn’t mention during our conversation, but Akeyless is also likely to benefit from the continued broader VC interest in cybersecurity. Venture capital investments in security startups eclipsed $13 billion this year, according to PitchBook data, up from $11.47 billion in 2020.
“The fact that we are a software-as-a-service provider and free of the ‘on-premise technical debt’ of versioning and support makes our economics much more efficient, allowing us to respond faster to market needs and rapidly innovate,” Hareven said.
Akeyless secures a cash infusion to help companies manage their passwords, certificates and keys by Kyle Wiggers originally published on TechCrunch
When developers are creating a new application, they may build security features over time or take advantage of commercial offerings or open source libraries to implement certain security functions such as authentication or secrets management. Pangea Cyber wants to change that with an API-driven approach to adding security to an application, making it as easy as adding a few lines of code.
The company’s approach has attracted a fair bit of investor attention with over $50 million raised since it launched last year, an amazing amount of funding in a short amount of time, especially in the current funding environment. The latest round is a $26 million Series B.
Company co-founder and CEO Oliver Friedrichs says they decided to offer a security service for developers in the same way that Stripe offers payment services or Twilio offers communications.
“We're calling this SPaaS. So essentially Security Platform as a Service, where we're going to be providing dozens of different security building blocks that are all API-driven that developers can easily embed in their applications,” Friedrichs told TechCrunch.
The services start with authentication and authorization as basic building blocks, but then include more sophisticated elements like logging, scanning files for malicious activity, storing secrets and so forth.
“There's a lot of things that applications need that are securely related. And right now they're scattered across many open source and a fragmented list of commercial offerings. We're looking to provide them all in one place,” he said.
There are developer-oriented pieces like Auth0 (acquired by Okta in 2021) providing authorization or HashiCorp providing secrets management, but there hasn’t been this hub of security services aimed specifically at developers, Friedrichs says.
And he believes that developer focus is what separates his company from the pack. “That's really where this developer-first delivery model is important and unique, and it doesn't really exist. For decades now, we have built all these traditional shrink-wrapped products for end users across the entire security industry, but we haven't built things that are API only or API first that can be plugged in by developers,” he said.
The company already has 40 employees as it attacks this problem, and with multiple startups, including Phantom Cyber, behind him, Friedrichs has deep experience in building companies. He says, even with the economic downturn, he believes his company will thrive.
“Cybersecurity is one of those sectors that's always resilient and always needed. While there's a correction in valuations, we rarely see people removing cybersecurity. In fact, it continues to grow and evolve,” he said.
He says as he grows the company, diversity is a big priority for him, but even with all his experience as a founder, it remains challenging. “We focus on it deliberately across the management team and across our recruiting team. We have a full-time recruiter in-house, which is unusual for this early stage, as well as outside resources, and we have conscious conversations around it,” he said.
“Now. Is it easy? It's not easy, right? Despite how hard you try, you can't always meet those goals. But we are trying and I think that step number one is to make sure that that's an objective that we do want to meet, [while understanding that] we can always do better.”
Today’s $26 million Series B investment was led by GV with participation from Decibel and Okta Ventures, along with existing investors Ballistic Ventures and SYN Ventures. The company has now raised a total of $52 million. Okta's participation is noteworthy because, as previously noted, it acquired a developer-driven authorization piece in Auth0.