In episode 42 of the Cybersecurity Minute, Tom Smith explains how a new development platform from HYCU will facilitate the work of SaaS vendors, independent software vendors (ISVs), and even customers to add data protection to the wide range of SaaS applications in use among customers.
Highlights
00:40 — HYCU is a fast-growing provider of multi-cloud data protection as a service and ransomware software. HYCU has just been named to the Acceleration Economy list of the Top 10 Cybersecurity as a Business Enabler companies.
00:48 — Tom connected with HYCU founder and CEO Simon Taylor to discuss R-Cloud, a purpose-built development platform designed to make it easy for SaaS vendors and ISVs to add data protection services to their applications.
01:12 — The strategy reflects a couple of important realities: a high percent of the 17,000 SaaS applications in use don’t provide reliable backup and recovery services. Plus, the typical mid-market company has data stored in more than 200 silos. No one backup vendor can efficiently target 17,000-plus applications and services to integrate with, so providing a development environment to the app vendors is a more efficient way to help customers protect data in their applications.
02:22 — For a CIO, CISO, or VP of infrastructure, the data estate has become so infinitely more complex than it was a few years ago and HYCU recognized the need to simplify that, Taylor says.
02:53 — With R-Cloud, HYCU has created, inside of its cloud, the ability for a CIO or IT department to auto-discover the entire SaaS environment and see that represented in a tree or graph. That will illustrate every data silo and let you find it by the department and let you know if the data is protected. Via the HYCU Marketplace, a customer or software developer can add a backup and recovery integration and advance toward securing the entire data estate.
03:53 — Consider a regular, six-sided dice in the past; those six sides probably represented everything, every app, that needed protection: likely some Linux servers, Windows, Salesforce, and maybe a mainframe. But you could put an admin on each of them to protect your data estate.
04:21 — Today, it’s more like a 100-sided dice — that’s what CIOs are dealing with. There are so many different sides they need to protect across their entire data estate that it’s “fundamentally impossible” for a mid-market company to protect them all, Taylor says.
05:03 — What HYCU is doing is putting the CIO and IT department back in charge by helping them to visualize where all of their data is, and then giving them the tools to very quickly and easily turn on backup and recovery and protect that data the same way they would have done with on premises 20 years ago. “We are democratizing the data protection industry,” Taylor says.
05:40 — Taylor recounts the example of one large SaaS vendor that was “literally begging” a large data protection vendor to build an integration to their platform. Customers were demanding it, but they could not convince the backup vendor that the total addressable market (TAM) was large enough. And that’s the problem: in isolation, any of the 17,000 SaaS vendors may or may not represent an ideal target market for a backup vendor. But in aggregate, they certainly do — and HYCU’s development platform aims to address the market from that perspective.
Additional HYCU Insights:
- How HYCU CEO Simon Taylor Prioritizes Customer Data Protection
- HYCU Simplifies Enterprise and Public Multi-Cloud Security and Data Management
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