Tag: cloud sovereignty

In recent years, the cloud has emerged as an undeniable powerhouse in the Enterprise Resource Planning (ERP) market, with projections indicating a staggering transformation from the current $64.7 billion valuation to an astounding $130 billion by 2027. The allure of cloud-based ERP is undeniable, offering cost savings, swift implementation, enhanced flexibility, and accessibility for businesses to scale seamlessly.

By the end of September last year, the number of data breaches had already exceeded the total number of similar events in 2020 by 17%. As more businesses migrate to the cloud, there is growing concern that not enough is being done to mitigate against the threat of these and other data privacy risks.