Jeetu Patel: It’s going to happen. It’s just a matter of how fast and how big. Because everything is getting re-factored to the cloud, the amount of innovation that’s going to happen in analytics and models around security will fundamentally change. Security models are no longer going to just prevent something from happening. Security model
Sramana Mitra: It’s not viable for startups to come into a market with major incumbents purely on the strength of usability. I just don’t think it’s going to be viable. Jeetu Patel: Let’s take Syncplicity. We took the DNA that they had around user experience and SaaS. They would have not been able to make a
Sramana Mitra: How big is the business? What scale are we talking about? Jeetu Patel: It’s in hundreds of millions of dollars. IDC has predicted growth rates that are actually conservative compared to the ones we had in 2013. We are the fastest growing file sync and share vendor in the industry. The other players in the
Jeetu Patel: This kind of flexible hybrid cloud deployment model where security, privacy, compliance, and user experience are not sacrificed is going to be the major trend as applications get built. The cloud has made this third platform B where there are millions of applications available to billions of users. We want to make sure
Jeetu Patel: The second major trend we’re seeing is that as cloud proliferates, security and the role of security within the cloud is getting accentuated at a very different level to what it used to be in the past. This is getting more exacerbated with some of the things that are happening – with the NSA.
Riskonnect provides enterprise-class technology in risk management. The company sells directly to large organizations to help them manage their strategic, operational, and insurable risk. Riskonnect’s solutions are delivered entirely through cloud computing, utilizing the Force.com platform, an approach the company believes enables it to offer superior solutions to the risk management marketplace.
EthicsPoint helps clients to mitigate and manage compliance and organizational risk. The company offers integrated telephone and Web-based reporting hotlines and case management services that clients can use to identify, report, investigate, and resolve issues and events that may not be in line with their codes of conduct or governance policies.
Today’s Deal Radar focuses on the intersection of the law, compliance, and technology. In 2003, Deidre Paknad predicted that companies would have to change their practices for managing litigation due to the increase in electronic data and founded PSS systems. She spent a year interviewing practitioners and researching the space to develop Atlas, a software