According to a recent Forrester report, enterprise cloud computing adoption accelerated in 2016 and will do so again in 2017. Software-as-a-service (SaaS) remains the largest portion of the public cloud market, with global spending expected to reach $105 billion in 2017 and $155 billion by 2020. Infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS) will experience the fastest growth rate, fueled by the global expansion and success of the leading megacloud vendors.
Still, security remains the top enterprise concern for both public and private clouds. That’s why your company should have a formal cloud vendor risk management program in place.