Trend Micro Cloud One Delivers Projected ROI of Up to 188% – India Education | Latest Education News | Global education news
Bangalore: Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity, today announced a new study showing that its hybrid cloud security services can save thousands of man-hours per year on security administration. Forrester Consulting interviewed and interviewed 97 Trend Micro Cloud One customers and concluded that the services can improve developer value and lower costs on breach risk, threat detection and response, and legacy tools.
The Forrester study found that many organizations are setting up new accounts and cloud instances without protection or using legacy on-premises solutions or platform native services. This results in gaps in protection, low visibility, too much manual work, and inconsistent policy enforcement in cloud environments.
The Forrester study noted that the Trend Micro Cloud One platform enables customers to simplify their cloud security environments and even accelerate their overall migration to the cloud. The study noted that “Trend Micro Cloud One has enabled customers to reduce their risk of security breach, view all cloud assets and threats from a single window, automate management of posture, detection and response to threats, and consistently enforce platform or cloud service provider policies.
“Digital transformation is at the top of the to-do list for today’s global organizations, as they look to work and support extensive post-pandemic agility support and growth with cloud adoption. But emerging security breaches can undermine all that good work, ”said Vijendra Katiyar, Country Manager, India and SAARC, Trend Micro. “We are proud to offer a leading cloud security solution on which customers can consolidate, simplify and strengthen protection while reducing costs and cyber risk.
He quantified the main expected benefits of Trend Micro Cloud One as follows:
Annual time savings on security administration between 2,100 and 6,200 hours thanks to the automation and visibility of posture management.
Reduced threat detection and response costs between 19% and 27% by reducing false positives and automating investigation and response.
Added value to development between 8% and 16% by reducing the time spent by developers on security work and accelerating the time-to-value of development work.
Reduced the cost of ownership of legacy security tools between 8% and 26% by minimizing the direct expenses and the expenses related to the maintenance of these tools.
Cost savings through a 6% to 16% reduction in breach risk, through improved security and employee productivity that would otherwise be lost due to downtime.
Over a three-year period, Forrester forecasted an ROI for Trend Micro Cloud One of 12-188%, a net present value (NPV) of $ 73,000 to $ 1.1 million, and total projected profits of $ 664 to $ 1.7 million.
Trend Micro is continuously innovating to provide simple, robust, and industry-leading protection for customers at all times of their digital transformation through its cybersecurity platform. An important part of this security ecosystem is Trend Micro Cloud One with services designed for applications, network, workloads, file storage, containers, open source, and cloud security posture management. in cloud and data center environments. This allows consumers to invest with confidence and grow their adoption of the cloud without sacrificing security.
Access a full copy of the Forrester study commissioned by Trend Micro, New Technology: The Projected Total Economic Impact ™ Of Trend Micro Cloud One ™ Security Services Platform here: https://resources.trendmicro.com/AMEA-TEI-Cloud -One -Etude.html
Forrester gathered the experiences of 97 current Trend Micro Cloud One customers surveyed and interviewed and combined the results into a single composite organization for the purposes of this study. A three-year forecast financial analysis was calculated for this composite global business-consumer organization, which generates $ 2.4 billion in revenue per year, employs 5,000 people and is the subject of a business-to-consumer program. digital transformation over three years.