Executive Update: A Note From Concourse Labs CEO Don Duet
With technological innovation increasing at a rapid pace, companies around the world are met with increased pressure to quickly evolve to meet customer demand. COVID-19 has heightened the criticality of accelerating an organization’s digital transformation journey through public cloud adoption. At Concourse Labs, we know that without appropriate investments in governance and management this transformation can be wrought with potential risks: data breaches, service outages, fines, and tarnished corporate reputations.
This year, Concourse Labs is disrupting the industry in creating an innovative governance paradigm shift as it relates to public cloud: automated cloud governance.
In June, we were extremely excited to announce our emergence from stealth mode, announcing $15.2 million in Series A funding. At the height of a global pandemic, investors recognized cloud computing has become the business platform, technology, and strategic approach of the future.
I recently sat down with Concourse Labs’ customer Freddie Mac to discuss cloud governance, and the need for a new approach to enable enterprises to move to public cloud with speed and security was reiterated and illuminated throughout our conversation. Freddie Mac is an example of an organization that has been eagerly pursuing innovative endeavors to best serve their customers, and they can only capitalize on their existing public cloud investments through effective risk management.
You can expect to see our momentum continue through the end of the year and into 2021 as we aim to fulfill our mission of accelerating enterprise cloud adoption with speed and security. If you’re interested in learning more about our offerings, please don’t hesitate to contact us.