Here is an overview of ten publicly-listed cloud security companies, all key players who satisfy everyday user problems and operate on the proviso that data is more secure in the cloud than on the network.
The Nasdaq CTA Cybersecurity Index (INDEXNASDAQ:NQCYBR) has been on the rise consistently since February. October saw a high of $929.161 per share which could be attributed to National Cyber Security Awareness Month. The Index’s positive performance reflects increasing reliance on technology and wariness of the risks, by individuals, companies and countries.
Our population is more connected than ever and people of all ages have multiple devices. More companies are on the journey to “lift and shift” their data to the cloud. China’s new law exemplifies the growing concern about cybersecurity and the need to protect against hacks. Cloud computing stocks are a sure bet for investment opportunities, as they enjoy such a diverse audience.
Amazon (NASDAQ:AMZN)
The US ecommerce and cloud computing giant has a broad spread of customers, from startups to established companies. Amazon Web Services, AWS, is their cloud platform that for the last decade has built up a base of over a million customers worldwide. In 2015 they announced the launch of Amazon Wind and Solar Farms in order to power their Cloud datacenters. Gartner’s “Magic Quadrant for Cloud Infrastructure as a Service” represents Amazon as the biggest market player for the last six years.
Blue Coat Systems was recently bought by Symantec (NASDAQ:SYMC)
They are another US company and they provide networking and security solutions. Blue Coat’s cloud-delivered Web Security Service combines with Symantec’s web and security partnership with 15,000 large companies across the globe, the majority of which are Fortune 500 listees. Respected analysts like Gartner again recognise Symantec as a leader in cybersecurity. Symantec is featured in the Nasdaq CTA Cybersecurity Index.
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Proofpoint (NASDAQ:PFPT)
This is a US cybersecurity company that have branched out into securing social media sites and assessing individual threat exposure from a person’s devices. They seek to protect against cybercrimes that attack people, by exposing points of entry for hackers and making potential threats visible. They were named a leader by Gartner in Enterprise Information Archiving.
Sophos (LSE:SOPH)
Sophos is a player in the cybersecurity market and headquartered in the UK. They launched Security Heartbeat, which synchronizes security alerts from your firewall to your endpoints, a simple but vital messaging system that enables fast detection in the event of a breach. They were listed by CRN on The 20 Coolest Cloud Security Vendors Of The 2016 Cloud 100.
McAfee is now part of Intel Corporation (NASDAQ:INTC)
A US partnership unites Intel Security technologies with McAfee Global Threat Intelligence, resulting in antivirus software that homeowners can purchase via a subscription service. They are featured on Technavio’s Top 15 Cloud Security Companies.
Trend Micro (TSE:4704)
As a cybersecurity company that specializes in cloud security Trend Micro understands the terrain is always shifting and the need to move with the times. In a press release, Frost & Sullivan named a recent Trend Micro initiative, ZDI, as “the most prolific organization in overall vulnerability reporting”. The Zero Day Initiative incentivizes security researchers to disclose weaknesses in software.
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Salesforce (NYSE:CRM)
Salesforce dominates the market in cloud computing and operates across many industrial verticals. One example of this is Salesforce chasing Amazon in the digital commerce market. Their software Commerce Cloud streamlines online shopping, bringing companies and customers closer together in the aim to make the world smaller. Constantly updated inventory on various devices means shoppers do not have to find other stores to see if their item is there.
CenturyLink (NYSE:CTL)
CenturyLink delivers effective, safe, trusted clouds for any scale and workload. They operate a multi-layered security system that can cope with today’s demand for readily available information 24/7 and ward off outages.
CA Technologies (NASDAQ:CA)
CA Technologies is a software company leading customers through the cloud process. They are unique for their hybrid cloud solution as opposed to simply on-premises private or third-party public clouds.
Verizon (NYSE:VZ)
Verizon is a telecommunications company taking advantage of its technological resources to apply their cloud programs to those who need them most. A pioneer in the medical care sector, they upload abnormal test results to a Verizon cloud program and then a cloud-based solution for diagnosis and examination by experts. This is particularly pertinent tech for rural areas largely inaccessible to doctors.
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Securities Disclosure: I, Emma Harwood, hold no direct investment interest in any company mentioned in this article.
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