A 2019 report released by ESG found that 90% of security professionals regard their existing tools inadequate for securing critical cloud data. These days organizations are moving to the cloud faster than ever before, and cloud investments are forecasted to reach $331 billion USD by 2022 (Gartner.) The global COVID 19 pandemic has only accelerated cloud adoption as workforces across industries migrate to work-from-home solutions, and according to a study done by Flexera, 59% of enterprises said that COVID 19 has “slightly” or “significantly” increased their planned cloud spend for 2020.

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