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The cloud governance industry is rapidly evolving, driven by the increasing complexity of cloud environments and stricter regulatory requirements. Organizations are prioritizing automated policy enforcement, shift-left security, and self-service infrastructure to manage costs, enhance security posture, and accelerate innovation while ensuring compliance. The demand for robust governance solutions is high as cloud adoption continues to grow.
Total Assets Under Management (AUM)
Cloud Security Market Size in United States
~Approx. 10 billion USD (2024)
(15-20% CAGR)
- Driven by increasing cloud adoption.
- Growing need for data protection.
- Rising cyber threats.
100 billion USD
Generative AI will enable automated creation and optimization of Infrastructure as Code (IaC) templates and policies, drastically reducing manual effort and potential for human error.
Advanced Policy as Code orchestration platforms will provide unified management and enforcement of security and compliance policies across multi-cloud and hybrid environments.
The adoption of Zero Trust principles in cloud environments will drive demand for granular access controls and continuous verification of all cloud resources and user identities.
The NIST AI Risk Management Framework (AI RMF 1.0), released in January 2023, provides a voluntary framework for managing risks associated with artificial intelligence (AI) systems, including governance, mapping, measuring, and managing AI risks.
This framework will increasingly influence how AI-powered tools, like Resourcely's Foundry IDE, are developed and deployed, requiring robust risk assessments and transparent governance from vendors and users.
In July 2023, the U.S. Securities and Exchange Commission (SEC) adopted new rules requiring public companies to disclose material cybersecurity incidents within four days and to provide annual disclosures about their cybersecurity risk management, strategy, and governance.
These rules significantly increase the pressure on organizations to have robust cloud security and governance practices, making Resourcely's compliance and misconfiguration remediation features more critical for public companies.
Executive Order 14028, 'Improving the Nation's Cybersecurity,' issued in May 2021, mandates a shift towards Zero Trust architecture and enhanced continuous monitoring for federal agencies and their contractors, aiming to prevent and detect cyber incidents.
While primarily for federal entities, this order sets a high bar for cybersecurity best practices, driving demand for solutions like Resourcely that enable continuous cloud governance, shift-left security, and automated remediation for all organizations seeking robust security posture.
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