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SAP and Oxford Economics: Partnering to Explore Technology Trends (Cloud Security)

Oxford Economics is a world leader in economic analysis for business and government, specializing in global forecasting, economic impact analysis, and evidence-based thought leadership. Founded in 1981 as a joint venture with Oxford University, Oxford Economics is now a leading independent economic consultancy. Headquartered in Oxford, UK, with offices around the world, the firm is known for the rigor of its work and as a trusted resource for decision makers.

SAP has engaged Oxford Economics for research programs including Real Time Business, SMEs: Equipped to Compete, and, of course, Unlocking the Cloud. The value of these projects lies in their deep and objective exploration of the topics at hand. The output is not about SAP or its products and services, but about the trends and technologies that define global markets. This provides SAP with actionable intelligence to share with its customers and employees.

Here, you can find two blogs on the latest research conducted by Oxford Economics about the Cloud Security topic.

  • Understanding security and risk in the cloud
    • Security is the top concern among executives moving business functions into the cloud. The use of mobile environments is an increasing concern for companies. Internal and external sources both pose a threat—companies must be fully aware of how vendors are migrating and storing their data, and they also must prevent internal breaches, whether accidental or planned—this risk is heightened by the advent of BYOD policies.
  • Cloud security is a challenge, but businesses can take steps to reduce risks.
    • Security remains the primary concern for businesses turning to cloud computing. According to a recent article from CIO Magazine, many CIOs are reluctant to adopt cloud services because of security threats. Several CIOs who spoke at the Security Insights forum (held in April in Sydney, Australia) explained the reasons behind their conservative approach to cloud platforms. Ramsay Health Care CIO Mick Campbell cited data leaks and the resulting reputational damage as a barrier to cloud adoption, and others expressed similar concerns, along with nervousness about inefficient government regulation and confusion over how and where data is stored.

Oxford Economics will be featured throughout our SAP Runs SAP Social Media Decathlon and their experts joined us for an SAP Runs SAP Google Hangout this Wednesday, October 30th, 2013 at 9amEST/2pmCET. Watch the replay.

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