Consistent Rise in the Adoption of Cloud-based Services to Drive the Industrial Control Systems Security Market

In today’s interconnected world, organizations and government agencies are increasingly leaning towards cloud deployment as they redefine their digitalization strategies. The COVID-19 pandemic underscored the critical role of cloud-based platforms, compelling many to shift their operations to the cloud to enhance agility and cut costs. In the industrial sector, there’s a growing need for cloud services tailored to Operational Technology (OT) and Industrial Control Systems (ICS), as these solutions enable cost reduction, sustainable growth, and the advantages of digitalization. Cloud-based services facilitate remote work, allowing professionals to manage industrial systems from anywhere.

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According to Statista, 49% of users prefer to remotely monitor, configure, and analyze their organization’s OT and ICS through cloud-based services. The rise of cloud adoption for ICS has led to faster data communication, improved device performance analysis, enhanced diagnostics and troubleshooting, and a centralized view of operations, all of which improve redundancy and scalability. However, this shift also heightens the vulnerability of ICS infrastructure. To address these security challenges, various industry players are collaborating. For example, in 2022, XONA Systems partnered with Nozomi Networks to bolster the security of operational technology and industrial control systems for critical infrastructure operators. Similarly, DE-CIX teamed up with BasicBrix Cloud in Malaysia to deliver secure, cost-effective cloud computing solutions for SMEs. These initiatives, alongside the growing embrace of cloud services, are propelling the ICS security market forward.

Rising Demand for Robotic Process Automation Systems: A Growth Opportunity for ICS Security

With the rise of Industry 4.0, the appetite for smart manufacturing technologies, particularly robotic process automation (RPA) systems, is increasing. RPA technology allows organizations to create, deploy, and manage software robots that replicate human interactions with digital systems. This enables the automation of repetitive tasks, reducing manual labor, minimizing errors, and enhancing productivity.

During the COVID-19 pandemic, many organizations adopted RPA to cut costs through automation. As a result, numerous companies have focused on delivering RPA solutions. For instance, in 2021, Newgen Software Technologies launched iBPS V 5.0 SP2, a low-code process automation platform designed to enhance personalization, rule engines, data management, and mobile app capabilities to accelerate digital transformation.

However, the implementation of RPA has also led to increased account privileges, raising the risk of fraud and cyberattacks. To counter these threats, robust security measures are being integrated into every layer of these systems, including granular role-based access controls that ensure data is accessible only to authorized users. Key market players are collaborating to enhance security solutions for organizations. For example, in 2021, CrowdStrike partnered with UiPath to extend endpoint security to RPA, enhancing protection and response capabilities through their respective platforms. This growing demand for RPA systems presents significant opportunities for the industrial control systems security market.

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