Cybercrime is a growing field for criminals, organized crime syndicates, and corporate espionage agents. In fact, many of the world’s top business leaders, including IBM Corp’s Chairman and CEO Ginni Rometty, point to cybercrime as the greatest threat to today’s businesses.1 Recent cybercrime statistics support that statement. In 2019, the cost of cybercrime and data breaches to the global economy is projected to reach $2.1 trillion.2
More and more businesses are choosing to relocate their company servers and networking hardware out of on-site server rooms and instead are opting for third-party hosting solutions. For many companies, particularly small businesses, these are the more cost-effective options. Owners and IT managers are faced with a choice: colocation vs. cloud.
If you’ve been paying attention to information technology news, you have probably heard the terms The Cloud and The Internet of Things at least once. You may have a basic surface level understanding of what these buzzwords mean, but have you really looked into their official definitions. What about finding out how these two concepts are interconnected? Luckily, you’ve come to the right place!