Radware's cloud forecast for 2021: more multi-cloud, more security and higher costs. The COVID-19 pandemic has accelerated the transition to the cloud timetable for many companies.
The failures at many of the largest cloud service providers and the recent hacker and ransomware attacks show the challenges in terms of availability, scalability and security of cloud environments, according to Radware. Radware predicts 2021 major trends for 5:
Investing in cloud migration and security
Companies will evaluate multi-vendor and multi-cloud options to protect themselves against failures at their primary cloud providers. Revenue-related business applications will be hosted with multiple vendors, and companies will require service level agreements and high availability solutions. The ready availability of sophisticated hacking tools and bots will force many to pay for protection against DOS attacks. Radware also expects a greater willingness to invest in training to address issues such as phishing and social engineering.
More remote workers
Companies will increasingly invest in solutions to improve user-friendliness - for example through caching, compression, WAN and front-end optimization. They will also strive for a zero trust environment to ensure that the applications are only used by authorized and authentic users. To do this, they will increasingly rely on multi-factor authentication, single sign-on, client authentication and TLS 1.3.
Scraping and bot attacks
Organizations will evaluate and invest in better security technologies, including bot protection, API security, application security, and data leakage prevention technologies. Further investments will flow into visibility and forensics tools in the cloud in order to achieve transparency for management, monitoring, auditing, compliance, forensics and troubleshooting.
Lack of multi-cloud networking and security expertise
The lack of necessary human expertise will force more automation in the configuration to implement corporate networks and security policies - now across multiple cloud environments. Improved automation and orchestration tools will emerge to support the scalability, monitoring, security, and optimization of applications across multiple clouds. In this regard, many MSPs will offer multi-cloud expertise to customers who are willing to pay for it.
Topic: Cost of Cloud Implementations
Now that the metered and pay-as-you-grow pricing model has caused some price shocks for companies that were forced to deploy only in the cloud due to the pandemic, companies will try to reduce the costs of computing power and licensing. Elastic and flexible BYOL (Bring Your Own License) models in multi-cloud environments will grow in favor of MSPs and large companies. The cost of running in the cloud will continue to rise as customers pay for security and transparency in addition to billing workloads.
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About Radware Radware (NASDAQ: RDWR) is a global leader in application delivery and cybersecurity solutions for virtual, cloud and software-defined data centers. The company's award-winning portfolio secures the company-wide IT infrastructure and critical applications and ensures their availability. More than 12.500 enterprise and carrier customers worldwide benefit from Radware solutions to quickly adapt to market developments, maintain business continuity and maximize productivity at low cost.