- November 2, 2021
Organizations continue to keep their costly on-premises legacy applications active solely in order to retain access to data in the event that it’s required for regulatory compliance or eDiscovery response.
Retiring little-used or obsolete legacy applications continues to be a primary cost-savings strategy for many organizations in 2022, particularly as they increasingly adopt the cloud. But the question of what to do with the associated data has become a speedbump for many.
Many legacy enterprise applications generate unstructured data in non-standard formats, leading IT departments to believe that shutting down the application and storing the data in the cloud is not a viable solution for later retrieval and viewing.
A recent survey reveals that 2022 looks like the year when enterprise executives finally realize the cloud is a less costly, and more secure storage repository to migrate their legacy application data (both structured and unstructured) for ongoing access and information management.
A new survey from Archive360 reveals the top four barriers for tech executives migrating legacy application data to the cloud are :
Even with those barriers, 80% of surveyed tech leaders are now planning to begin moving their legacy application data to the cloud in 2022.
Additionally, 42% of tech executives report that cyberattacks and concerns over cyber-security and ransomware attacks have accelerated their organization’s plans to adopt a cloud platform – mainly because many now believe that cloud security far surpasses on-premises security. But what type of cloud platform will tech executives trust?
When asked about possible secure cloud solutions, over 90% of surveyed tech executives said their current Software as a Service (SaaS) solutions don’t meet their organization’s updated security requirements.
The huge rise in cyber-theft, ransomware, and extortionware attacks, and the risk of privacy law non-compliance, have focused Chief Information Security Officers (CISOs) on infrastructure and data security for their most sensitive files, including intellectual property (IP) and personally identifiable information (PII).
Cloud-based SaaS solutions have become the obvious route to cloud adoption for many companies, but 96.5% of survey respondents agreed their teams would require more customization capability of cloud platform security protocols to meet their updated individual corporate needs.
In fact, most SaaS cloud solutions are usually designed to be the “lowest-common-denominator” set of features and benefits to ensure the largest possible customer base. Based on the survey results, however, SaaS “one-size-fits-all” feature/functionality platform architectures will not offer the security customization capability required by the respondents.
If SaaS platforms cannot offer the required data security safeguards CISOs require, what cloud solution can? The answer is clear: a Platform as a Service (PaaS) cloud solution provides customers with the additional security protocols and customization capabilities required to satisfy security professionals. New capabilities address key requirements such as role-based access controls, zero-trust architectures, the ability to create and manage their own encryption keys, on-premises encryption key storage, field-level encryption, and immutable storage for ransomware/extortionware protection.
The Archive360 enterprise information management, governance, and archiving platform is trusted by Wall Street banks, global businesses, and the largest Federal and regional government agencies worldwide to bring security, control, context, governance and compliance, cost controls, and the ability to customize individual platform preferences to digital transformation and cloud adoption. This is achieved through secure onboarding, data classification, easy employee access, retention/disposition, legal eDiscovery and FOIA response, and data management, including structured and unstructured data, audio/video, and emails.
The entire survey can downloaded here.
Bill is the Vice President of Global Compliance for Archive360. Bill brings more than 29 years of experience with multinational corporations and technology start-ups, including 19-plus years in the archiving, information governance, and eDiscovery markets. Bill is a frequent speaker at legal and information governance industry events and has authored numerous eBooks, articles and blogs.