Data Protection Concerns Rise As Demand Continues for Cloud-Based Business Productivity Suites
Increased SaaS use of popular cloud applications puts the onus on companies to protect their data.
Asigra Inc. has announced further evidence of a growing trend in business productivity solution deployments: SaaS use is on the rise through the increasing popularity of applications including Microsoft Office 365, Google Apps, and Salesforce.com, causing companies using these services to examine the issue of data protection to prevent data loss.
As evidence of this trend, Odin’s fifth annual U.S. SMB Cloud Insights™ report forecasts that the cloud services market for small and medium business (SMB) will expand 11.4% (compound annual growth rate) over the next three years, and is predicted to reach $34.9 billion by 2018. Odin’s CEO Birger Steen recently told the press: “Over the five years that we have been conducting this study, we’ve seen a rapid and consistent growth in SMB consumption of cloud services. Applications and capabilities that were previously reserved for enterprise-size organizations are now benefiting millions of smaller businesses.”