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March - 2014 - issue > CXO View Point

CLOUDY YEAR OF THE HORSE: A Perspective on Upcoming IT TRENDS

Jeff Hurmuses
Vice President, APAC-Barracuda Networks
Tuesday, March 4, 2014
Jeff Hurmuses
Barracuda Networks (NYSE: CUDA) is a provider of cloud-connected security and storage solutions. The California based company has a current market cap of $1.91 billion.

Looking back at 2013, it certainly was a momentous year for the IT landscape. The hacktivist group Anonymous increased its cyber-attacks in Southeast Asia with the government of the Philippines being its latest target. Singapore was also rocked by the 'Messiah' hacker who defaces numerous government linked websites throughout the island republic.

In addition to the evolving threat landscape, trends such as big data and cloud adoption continue to shape the way businesses run. With an eye on 2014, we have identified some of the major trends we are seeing amongst our 150,000+ international customers which seem likely to continue in the year ahead.

The Role of Virtualization Continues to Evolve in Two Significant Ways:

Continued Growth of Network Virtualization: Virtualization of server infrastructure has continued to catalyze a trend towards network function virtualization within existing frameworks where virtual security and networking appliances are being deployed to protect virtual servers and endpoints.


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