Cloud Security market to hit $1.5 billion by 2015

It's always interesting to read analyst forecasts of market size and growth - but I actually think this one is pretty well grounded.

Cloud security is going to be a hot topic in IT over the next few years.

I think many people think cloud technology is less secure that traditional systems but actually that doesn't have to be the case. Cloud platforms can make corporate IT more secure by adopting an inclusive security model, federated identity management and providing the ability for users to serve themselves with robust IT solutions that serve the long-tail of applications rather than turning a blind eye to shadow systems developed on Excel, Access and PowerPoint. Perhaps the biggest issue though is enabling organizations to cascade duties of data security to departmental managers rather than IT and giving them the tools to do it. Departmental managers often know more about the risk of using data for new apps (and the context of use) compared to IT.