IBM reports that the global average total cost of a data breach in 2022 was $4.35 million. Data breaches are rising each year, with an ever-increasing cost, so it’s absolutely essential to be prepared and proactive in your data protection strategy. When clients provide personal or business data to an MSP, they expect the provider to have proper policies and procedures in place to protect that data.
Cloud transformation is real. And it's spectacular. According to global business management and consulting firm McKinsey & Co., cloud transformation is the engine driving $1 trillion in economic activity for Fortune 500 companies alone. Innovations enabled by the cloud touch nearly every aspect of running a successful business, including the development of new products and services, access to new customers and markets, frictionless transactions, streamlined communication and collaboration, and access to talent without concern for traditional geographic barriers.
If you’re part of a software engineering team in digital health, medtech, medical devices, Software as a Medical Device (SaMD), etc. you have to comply with regulatory standards. And one of the biggest challenges engineering leads have in this sector is figuring out what they have to do to achieve software delivery compliance.