Development Platform for Data Protection
The 48th IT Press Tour had the opportunity to attend a private screen event with HYCU, where Simon Taylor, CEO, and Founder, introduced their solution to securing SaaS applications and data. HYCU exists to eliminate data silos and provide end-to-end data protection.
The number of silos is growing daily. There are now more than 17,000 SaaS vendors in the U.S. alone. SaaS applications make up 70% of total company software use. The average company uses 217 SaaS services.Â
Few CSOs and CISOs know all of the SaaS tools being used in their organization, let alone what is and is not backed up.
Cloud Adoption Continues to Grow
More than four in five companies plan to increase investment in hybrid or multi-cloud. In addition, nearly nine in ten Fortune 500 companies plan to revise their cloud infrastructure in the next year. Hybrid and multi-cloud solve complex business needs and improve the bottom line. Most companies choose hybrid or multi-cloud as a proactive business strategy, while 95% say it helps solve complex business needs and improves the bottom line.