Securing Non-human Identities and Managing Secrets in Multi-cloud Environments

Cloud migration and digital transformation have become commonplace for many modern enterprises today. The cloud is essential for accelerating growth, improving efficiency and remaining competitive, and most companies are now developing applications in the cloud. According to the Enterprise Strategy Group (ESG) 2023 Technology Spending Intentions Survey, 71% of organizations are now developing cloud-native applications.

Because change is the only constant in today’s business environment, most organizations deploy multiple clouds and leverage multiple cloud service providers (CSPs) to maintain pricing control, enable flexibility and avoid cloud vendor lock-in. And this trend is only growing, as a recent CyberArk survey found that 85% of respondents said they would be using three or more cloud service providers by 2023.