Every company – if they are going to remain relevant – is going through some form of digital transformation today and software is at the heart of this transformation. According to a report by the center for digital business transformation, the digital disruption will displace approximately 40% of incumbent companies within the next 5 years. Don’t believe it?
According to Forrester Research, between 1973 and 1983, 35% of the top 20 F1000 companies were new. Now jump forward 20 years, and this number increases to 70%.
According to predictions from IDC’s recent FutureScape for Digital Transformation, two-thirds of Global 2000 companies will have digital transformation at the center of their corporate strategy by next year, and by 2020, 50% of the Global 2000 will see the majority of their business depend on their ability create digitally-enhanced products, services, and experiences.
So what does this all mean?
Keeping pace with the evolving digital marketplace requires not only increased innovation, but also updated systems, tools, and teams. Accenture and Forrester Research reported in their Digital Transformation in the Age of the Customer study that only 26% of organizations considered themselves fully operationally ready to execute against their digital strategies. In order to deliver on the promise of digital transformation, organizations must also modernize their infrastructure to support the increased speed, scale, and change that comes with it.
We see three characteristics that define these modern applications and digital initiatives:
- They follow a DevOps or DevSecOps culture, where the traditionally siloed walls between the Dev, Ops and Security teams are becoming blurred, or go away completely. This enables speed, flexibility and agility.
- They are generally running on modern infrastructure platforms like AWS (see AWS Modern Apps Report), leveraging APIs and compute as code (see AWS – The Largest Supercomputer in the World)
- The way you approach security needs to change. You need deep visibility & native integrations across the AWS services that are used, you need to understand your risks and security vulnerabilities, you need to connect the dots between the services used, and understand what the users are doing, where are they coming from, what are they changing, what are the relationship of those changes, how this impacts network flows and security risks. And it is important to be able to match information contained in your AWS log data – i.e. IP Address, Ports, UserIDs, etc – from services like CloudTrail and VPC Flow Logs, with known Indicators of Compromise (IOCs) that are out there in the wild from premium threat intelligence providers like Crowdstrike. Pulling in global threat intelligence into Sumo Logic’s Next Gen Cloud Security Analytics for AWS accomplishes the following:
- Increases velocity & accuracy of threat detection
- Adds additional content to log data and helps to identify and visualize malicious IP addresses, domain names, ports, email addresses, URLs, and more.
- Improve security and operational posture through accelerated time to identify and resolve security threats (IOC)
Come stop by our booth – #604 – for a demo and say hi!