00:00 Speaker A
What changes have we seen in the cybersecurity landscape over the past few years? You know, there’s kind of a platforming trend among these companies where they’re trying to say, come to me for all your cybersecurity needs. How has this changed the landscape? Make things safer, or less safe? What are your thoughts on this?
00:22 Speaker B
So there’s definitely integration, platforms like Crowdstrike are a big broad class of brushes based on the functionality of the suite, and a lot of people are moving in that direction. They’re like, here’s a vendor, here’s a choke point, an organization that can help consolidate all these different security spends. At the same time, there is a risk of over-concentration, and now we are seeing occasional outages in not only networks but also clouds and global infrastructure. We have AWS, more recently Azure, more recently Cloudflare. Last year, Crowdstrike experienced a rather notable outage. So you already reap the huge benefits of integration. Hey, it’s all synergistic, but you have a lot of systemic risk. So what a lot of vendors are looking at now is how do I combine my global infrastructure with sovereign investments with my legacy local systems (just in case) or multiple global platforms.
01:21 Speaker A
Yeah, I’m just saying old school is fun for me. I mean, you’d think we’d see less of a backlash against the cloud and more of a trend toward on-premises redundancy.
01:38 Speaker B
Yes, that’s a great question. So it’s not going back to the old premise, right? It’s like very expensive and difficult. This will indeed be a private cloud. A couple that I think are worth looking at are Oracle and Google, which have made significant investments in their on-premises cloud offerings, or sovereign clouds, where you run it in a box in the data center and have complete control. You get all the benefits of the cloud, plus the ability to scale. Microsoft and AWS also have their own offerings, but Google and Oracle are really leaning into those native cloud and native AI capabilities.
