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CEOs Have Their Heads In The Cloud Around COVID-19

Nastel Technologies®
May 9, 2020

As Pandemic Moves In, On-Premise Moves Out

The COVID-19 pandemic is hastening many companies’ ongoing migration to the cloud as organizations both small and large see their workforce turned into a well-distributed, stay-at-home army.

While large on-premise datacenters were once all the rage, COVID-19 is helping to prove how unwieldy they can be, according to several industry sources.

One executive at an encryption and cloud security firm said his company recently gained a new client after its chief information security officer had difficulty chartering a plane during the pandemic to perform routine inspections on the company’s 10 global datacenters – “showing just how hard physical operation can be.”

Aaron Turner, president of Maryland-based cybersecurity firm HighSide, said one of its customers “just let go 30% of its IT staff, the people that run on-premises legacy workloads. That means the people they are choosing to keep are on the ones that run cloud platforms.”

“This is a massive shift, and people have to understand that,” added Andrew Plato, CEO of Portland-based cloud security provider Anitian, noting that his business has shown to be “recession-proof” during the crisis.

Even though many enterprises – often those that are highly regulated such as finance and healthcare – will not abandon on-site solutions for total cloud adoption, the last decade has seen more companies move at least a portion of their data to the cloud via Amazon’s AWS, Alphabet’s Google Cloud and Microsoft’s Azure.

As more enterprises big and small go all-in on the cloud, it will benefit a company like Cloudflare, which helps organizations connect to the cloud’s networking infrastructure and pipes, in addition to offering website functionality and security, said Ubaid Dhiyan, director at investment bank Union Square Advisors.

Security services will arguably be the biggest beneficiaries of this accelerated migration to the cloud, according to Ben Howe, founder and CEO of technology-focused boutique investment bank AGC Partners.

While post-coronavirus tech transactions are down roughly 90% from last year — with $2 billion in deals done in the first 20 days of April compared to $22 billion the year prior – Howe said his firm closed three deals in the past week, all in security.

The need to manage identities and control access to cloud apps will mean identity companies such as Centrify, OneLogin, Ping Identity and ForgeRock could become targets in the new marketplace, added Ted Smith, president at Union Square Advisors.

Another cybersecurity subsector drawing interest is Secure Access Service Edge (SASE), which delivers networking and security from the cloud to a company’s network edge, avoiding potential bottlenecks in the datacenter.

A large SASE company that may become attractive to acquirers could be Zscaler, which will continue to have momentum as more companies move to the cloud, added Union Square’s Dhiyan.

Dealmaking in the SASE niche already has occurred during the pandemic, with Palo Alto Networks agreeing to acquire software-defined wide-area network (SD-WAN) developer CloudGenix for $420 million on March 31 to strengthen its SASE offering.

The overall trend bodes well for cloud software and services companies looking to buy or sell. Though much dealmaking was put on hold when COVID-19 hit, potential consolidators are readying themselves now.

Cristian Anastasiu, managing director of investment bank Chapman Associates, said he received several calls from private equity firms and strategics this past week expressing interest in the cloud and security space.

This article originally appeared on To read the full article and see the images, click here.

Here at Nastel, we’re using our own technology to capture many sources of available data and perform different levels of analysis. And we’ve made our findings available on a live system for anyone who cares to review. Have a look yourself at

This is built using Nastel XRay – our analytics platform.

We can’t tell you exactly when your state, country or region will be able to go back to normal, but we can provide you with new ways to consider the data, and make your own assessment.

Nastel Technologies uses machine learning to detect anomalies, behavior and sentiment, accelerate decisions, satisfy customers, innovate continuously.  To answer business-centric questions and provide actionable guidance for decision-makers, Nastel’s AutoPilot® for Analytics fuses:

  • Advanced predictive anomaly detection, Bayesian Classification and other machine learning algorithms
  • Raw information handling and analytics speed
  • End-to-end business transaction tracking that spans technologies, tiers, and organizations
  • Intuitive, easy-to-use data visualizations and dashboards

Nastel Technologies is the global leader in Integration Infrastructure Management (i2M). It helps companies achieve flawless delivery of digital services powered by integration infrastructure by delivering tools for Middleware Management, Monitoring, Tracking, and Analytics to detect anomalies, accelerate decisions, and enable customers to constantly innovate, to answer business-centric questions, and provide actionable guidance for decision-makers. It is particularly focused on IBM MQ, Apache Kafka, Solace, TIBCO EMS, ACE/IIB and also supports RabbitMQ, ActiveMQ, Blockchain, IOT, DataPower, MFT, IBM Cloud Pak for Integration and many more.


The Nastel i2M Platform provides:


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