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Most managed security tools will be cloud based by 2020

Newly released information from the Colorado-based firm estimates that last year on-premises-based managed security products still reigned the day: 54% of these security products were delivered on-premises.

IHS says a whopping 46% of security services that are managed by a vendor were delivered via the cloud. By 2020, IHS says those figures will be reversed and cloud-based managed security services will overtake on-premises ones.

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