In the past five years, more than 1,400 software-as-a-service (SaaS) startups have popped up, according to a 2016 Report on the State of SaaS by BetterBuys. Subscriptions for SaaS-based security, business intelligence, IT, and enterprise vertical applications also continue to rise, according to the report.
While the report does not break out specific statistics related to security-focused SaaS applications, in my experience there are several reasons why such solutions are gaining interest in the enterprise. Leveraging cloud-based security services is helping to remove some major stumbling blocks when it comes to providing a robust architecture for organizations.
For starters, it's becoming increasingly difficult to find and keep qualified in-house workers who have advanced expertise in IT security. The ability to offload many security tools into the cloud, which means having everything managed by a third party, can be a huge relief for many organizations.
[Worried about keeping secure in the cloud? Read 7 Ways Cloud Computing Propels IT Security.]
SaaS security applications enable IT to eliminate a good deal of on-premises hardware and software. This helps by cutting out the need for a big upfront CapEx investment. Implementing SaaS also takes away the need for dreaded forklift upgrades and new implementations. Instead, all the architecture, hardware, and software are managed behind the scenes by your security SaaS provider.
To help you navigate your options, we're spotlighting 10 SaaS security startups and vendors on the rise whose tools are worth a look. Some of the companies on our list provide a niche security service or tool that can be supplemented with your current security posture.
Others aim to completely take over the end-to-end management of your applications and data. A few fall somewhere in between. No matter what your specific IT security needs are, there is likely something on our list you'll find worth exploring.
After reviewing these hot SaaS security startups, tell us what you think of the SaaS security market as a whole -- and where you think it's headed. Are enterprises crazy to hand over these security duties to an external company? Or is SaaS the future of IT security? Tell us in the comments section below.