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3 Cloud Trends for 2023

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Cloud computing has revolutionized how we store, manage and access data. 2023 has arrived and digital transformation initiatives remain in the fast lane, and if 2023 cloud trends are any indication, there’s no slowing down. Moving to the cloud is no longer an option, as its benefits and new capabilities prove vital for moving forward, especially in an uncertain economy.
Gartner Inc. forecasts that in 2023, worldwide public cloud spending will grow 20.7% to total $591.8 billion, up from $490.3 billion in 2022. The cloud computing market is expected to reach over $1 trillion by 2028. Within a span of 10 years (between 2010 to 2020), the market grew by a massive 635 percent. Read more

The Shared Responsibilities of Cloud Security

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Regardless of which service model an enterprise employs from a cloud provider, what remains prominent is that there are shared responsibilities of cloud security. The burden of maintaining secure infrastructure does not solely lie on the client or the provider, but is instead distributed between the two. Statistics Canada reports the number of police reported cyber crimes increased 164% between 2016 and 2020. Furthermore, the introduction of Bill C-26, which makes reporting cyber attacks mandatory, was in large part because many incidents were going unreported. Therefore, even though the publicly known number of cyber threats is significant, the actual number is even larger. Considering cyber attacks are increasingly becoming more common, now, more than ever, the integrity of the relationship between clients and their cloud provider is critical to success. 

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Why CPA’s Are Migrating From Servers To The Cloud

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And What Separates A Cloud Provider From The Rest 

Given new technological advancements in recent years, businesses, and in particular certified public accountants (CPAs), have displayed trends which suggest a strong push towards modernizing their infrastructure. Thus, we will be going over why CPAs are migrating to the cloud in the first place, and what makes certain cloud providers desirable. For many businesses and organizations the lack of modern features exhibited by their existing on-premise servers has warranted the transition to remote, cloud hosted, infrastructure. Migrating to the cloud, although difficult, likely proves to be a worthwhile investment. In recent years, for businesses and organizations who made the switch to the cloud, the experience in this field of technology has equipped them with the understanding of what services are appropriate for their needs, and what is unnecessary. In particular, infrastructure as a service (IaaS) providers who specialize in support and security have seen a surge in popularity. Furthermore, the prevalence of privacy laws has motivated businesses and organizations to maintain compliance and operate entirely with Canadian built and owned infrastructure.

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Preventing Cyberattacks When Working from Home

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As Canada navigates the challenges of the worldwide COVID-19 pandemic, many companies have and continue to adopt policies for working from home. Employees are now balancing their day-to-day work duties with their home life. This can pose difficulties, including how to maintain focus and stay productive. While accommodations and adjustments at home and in the office are being made it is critically important for business owners and employees to avoid compromising their cybersecurity.

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Choosing A Secure Cloud Provider

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Cyber crime operations are now among the multi-million dollar businesses thriving in 2019. Crooks are able to blitz IT infrastructure and pilfer precious pieces of data with ease. Attacks are becoming extremely sophisticated and discreet. At times, they are only detectable once the damage has been done. 

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