Fortanix Inc., the data-first
multicloud security company, announced that it had crossed a
significant landmark by booking its 100th Confidential Computing
production customer. Fortanix also announced an expansion of its
technology ecosystem to support AWS Nitro Enclaves, Cisco, and AMD-based
confidential computing solutions, as well as an expanded set of
practical, real-world use cases. Together, these announcements reinforce
Fortanix's leadership in a market that is projected to grow to $54
billion by 2026.
Particle, the leading
integrated edge-to-cloud IoT platform company is the 100th Fortanix
Confidential Computing customer. "Particle's relationship with Fortanix
allows us to offer a variety of new security and trust-centric features
in our products and services. It's another important investment towards
our goal of becoming the most trusted IoT platform in the world," says
Mike Sheward, Head of Security at Particle. "We often say that building
a product on the Particle platform is like having the mechanics who
designed and built the car come along for every journey. With Fortanix
Confidential Computing in the mix, not only do you have the mechanics
onboard, but you've also got industry-leading security capabilities
along for the ride as well!"
Confidential Computing protects applications and the sensitive data
they process from unauthorized access and tampering during processing.
Fortanix counts amongst its customers some of the largest and best-known
brands around the world, including financial services, healthcare,
government, fintech, energy, and professional services customers.
"Fortanix was founded on the vision of what Confidential Computing
can offer, and it gives us great pride to cross this milestone," said
Ambuj Kumar, Co-Founder and CEO of Fortanix. "More importantly, we are
excited to unlock the benefits of this transformational technology in
the real world, at a time when data security and privacy have never been
more important and impacting people and organizations around the
world."
In a recently published report,
Gartner said that "by year-end 2023, 75% of the world's population
will have its personal data covered under modern privacy regulations."
Fortanix's Confidential Computing success is anchored in its
simplicity of implementation, ease of use, and ready-to-run
applications. Cloud-native technologies and comprehensive APIs enable
easy integration of advanced data security and confidential data
processing into almost any application environment. As a result, data
remains private and secure throughout its lifecycle - at rest, in
transit, and even in use.
CONTINUED INDUSTRY LEADERSHIP WITH INTEL, MICROSOFT, AND CISCO
Fortanix Confidential Computing was first developed on Intel Xeon
processors with Intel® Software Guard Extensions (Intel SGX) to
partition applications into processor-hardened enclaves, which continues
to provide the highest levels of security for the most secure
applications. "Fortanix was early in recognizing the game-changing
potential of Confidential Computing enabled by Intel SGX. One hundred
customers in production with Intel SGX-based solutions is a huge
milestone that demonstrates the market-leading and proven nature of this
technology," said Anil Rao, VP and GM of Systems Architecture and
Engineering, Office of CTO, at Intel. "Fortanix is a critical partner
leading the way in enabling enterprises to improve their data privacy
and integrity posture."
Fortanix also continues a long-standing partnership with Microsoft in
the development and deployment of Confidential Computing in Microsoft
Azure. Working together, Fortanix, Microsoft, and Intel have delivered
some of the world's flagship Confidential Computing implementations for
healthcare, finance, and government applications.
Extending these efforts, Fortanix is working with Cisco UCS
Confidential Computing technologies. "We are excited to partner with
Fortanix to extend the hybrid cloud vision we have with UCS, HyperFlex,
and Intersight with this secure computing architecture," said Dan
Hanson, CTO, Cloud and Compute Technology Office, Cisco Systems Inc. "We
believe that a simpler and easier way to consume secure enclaves will
address emerging risks. Customers who choose to deploy Fortanix
alongside Cisco Intersight, Intersight Kubernetes Service, and both X
and C series servers will gain enhanced benefits via our partnership."
NEW SUPPORT FOR AWS AND AMD
Enterprises operate in a multi-platform, multi-cloud world. In
recognition of this, Fortanix continues to expand support to increase
the choices available to customers. Fortanix today announced new support for AWS Nitro Enclaves
and AMD Secure Encrypted Virtualization (SEV). AWS Nitro Enclaves
provides an isolated and hardened environment to protect code and data
in-use. Fortanix will provide software applications along with
management tools and services for these and other Confidential Computing
platforms and technologies.
REAL-WORLD USE CASES
"Trust is essential to build and grow organizations and can even be a
significant competitive differentiation, especially in privacy and
security sensitive industries," said Amita Potnis, research director,
Future of Trust at IDC. "Technologies such as Fortanix Confidential
Computing will be key in helping organizations build trust, avoid
breaches of sensitive data, and ensure regulatory compliance globally."
The growth of the Fortanix customer base has been driven by
real-world, practical applications of Confidential Computing technology.
In general, these are projects that have been constrained by strict
data privacy regulations and compliance requirements.
Fortanix customer BeeKeeperAI,
created at the University of California, San Francisco (UCSF), Center
for Digital Health Innovation (CDHI), uses Intel SGX to accelerate the
development and deployment of AI algorithms in healthcare. "BeeKeeperAI
was created with the mission to change the future of healthcare with AI,
by solving the healthcare data access problem," said Dr. Michael S.
Blum, MD, CEO, Co-founder, BeeKeeperAI. "With Fortanix Confidential
Computing technology, we can remove the barriers to accessing critical
clinical data which is essential to developing, validating, and
deploying high quality, impactful algorithms resulting in optimal health
and healthcare."
Fortanix financial services customer Consilient
is an innovator bringing federated machine learning technology powered
by Intel SGX to the fight against financial crime. Consilient's DozerTM
solution transforms how organizations discover threats like money
laundering and fraud by allowing financial institutions to collaborate
across institutions, industries, and geographies, without the challenges
and risk of moving data. "Financial institutions face immense pressure
to earn trust and avoid threats, but the inability to share data hinders
the industry from effectively managing the risks from fraud and money
laundering," said Gary M. Shiffman, Co-Founder and CEO of Consilient.
"With Fortanix Confidential Computing technology, Consilient's federated
machine learning solution, Dozer, moves across financial institutions
securely, allowing each to leverage industry insights while enhancing
data security or data privacy."
Fortanix customers use Fortanix Confidential Computing for a wide
variety of additional use cases. Fintech companies and crypto platforms
use Fortanix for blockchain, crypto wallets and NFTs. Global enterprises
rely on Fortanix to tackle challenges like data sovereignty, cloud key
management, and proliferating compliance regulations. Fortanix also
helps address the uniquely challenging demands of secure multi-party
data sharing, further supported by the recently announced Fortanix partnership with Snowflake.
Availability
Fortanix Confidential Computing solutions are available today from
Fortanix, Fortanix authorized resellers, the Azure Marketplace, and the
Google Cloud Marketplace. Fortanix solutions are delivered software as a
service (SaaS), in the cloud, and on-premises.
Join Fortanix webinar titled "Confidential Computing in Action:
Securing Data and AI", featuring Fortanix customer TGen, on February 23,
2022 to learn what Fortanix Confidential Computing can do for you. Register Here