PRESS RELEASE — DENVER, Colo., Feb. 05, 2018 (GLOBE NEWSWIRE) — Pax8, the leading value-added cloud distributor, today announced it will offer Symantec™ Cloud Workload Protection (CWP) Software as a Service (SaaS), providing Managed Service Providers (MSPs) with a cloud-delivered solution that protects both cloud-resident and on-premises workloads from compromise with an operationally efficient, single-console implementation.
“As cloud adoption rises, part of the Pax8 value-add is to help MSPs craft a grounding strategy to close the security gap,” said Ryan Walsh, chief channel officer at Pax8. “While most companies initially approach cloud security by applying their existing security processes and controls to their cloud environment, according to Enterprise Strategy Group1, 74 percent stated they had to abandon the use of many of their traditional security policies and technologies because they could not be applied effectively for the cloud. This can leave companies vulnerable to cyberattacks. Symantec CWP provides the protection MSPs need to secure their customers’ hybrid environments.”
Forrester2 predicts cloud security spending alone to reach $3.5 billion by 2021, which represents a 28 percent annual growth rate over the next five years. As cybersecurity threats continue to rise, IT ecosystems require more protection, creating a need in the market for multi-functional, intelligent cloud security solutions.
“As businesses continue to migrate workloads to public cloud services, it’s important they evaluate existing security policies and ensure protection against evolving cyber threats,” said Javed Hasan, senior vice president of endpoint and datacenter products at Symantec. “We are excited to work with Pax8 to offer Symantec Cloud Workload Protection to MSPs and help deliver automated discovery, monitoring, and proactive protection for securing critical cloud workloads and meeting the challenges of the cloud generation.”
Symantec CWP, a component of Symantec’s Integrated Cyber Defense Platform, protects workloads deployed across hybrid clouds against advanced threats. The capabilities include:
Symantec’s cloud-native CWP SaaS solution offers many benefits to MSPs and their clients, including automatic scaling with seamless ebbs and flows and metered pricing with a pay-as-you-use model. CWP also supports workload tags so that when CWP agents are installed with newly provisioned instances, the designated protection policy is automatically assigned.
Pax8 is the leading value-added cloud distributor offering top cloud products and solutions to the IT channel. The company is driving the business transition to the cloud through its comprehensive enablement, education, and technology that powers the marketplace. The Pax8 proprietary cloud marketplace provides efficient and intelligent cloud product configuration so solution providers and managed service providers (MSPs) can easily automate their processes and create customized bundled solutions for their customers. As the Cloud Wingman for the IT channel, Pax8 offers on-demand marketing, quote to cash support, sales assistance and training, provisioning automation, and subscription billing. Pax8 is well-engineered to sell, assemble, and deliver quality cloud solutions to its worldwide channel of solution providers and MSPs. For more information, please visit www.pax8.com.
1 Source: Enterprise Strategy Group, “Securing Hybrid Clouds with Symantec Cloud Workload Protection,” Doug Cahill, February 2017.
2 Source: Forrester, “Cloud Security Spending Will Grow To $3.5 Billion By 2021,” Jennifer Adams, 8 June 2017.
Source: Globe Newswire