Coalfire FedRAMP Study Finds More CSPs Vying for Growing Government Agency Cloud Business
Improvements in FedRAMP program and automation decrease FedRAMP time and costs, enabling more CSPs to address ample government demand.
Coalfire announced key findings of its Federal Risk and Authorization Management Program (FedRAMP) marketplace report, “Securing Your Cloud Solutions for Government Adoption.” The report analyzes the FedRAMP program, the federal cloud market landscape, best practices when entering the FedRAMP authorization process and changes since the last edition of Coalfire’s FedRAMP report in 2017.
While the FedRAMP process has traditionally been considered expensive, difficult and lengthy, the report found the number of FedRAMP authorizations granted between 2016 and 2018 increased roughly 33% year over year. This trend was likely in response to the growing demand for cloud services in government (agencies spent $6.5B in cloud services in FY2018, up 32% year over year) and due in part to an improved authorization process. Structural changes in the FedRAMP program and greater efficiency through security automation have shortened times to FedRAMP authorization by up to 25% as measured from initial preparation to authorization. The report further indicated that healthy opportunity exists across Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS) solutions, with SaaS solutions showing the greatest rate of growth from 2017-2019.