Deloitte and Google Cloud unveil plans to collaborate on next-generation security offerings

Building on their existing global alliance, Deloitte and Google Cloud announces that they will jointly leverage the strength of their portfolios in cyber and cloud solutions to provide customers with end-to-end secure cloud transformation services and solutions in support of their digital transformation journeys and to better combat cyber threats.

As organizations move more of their businesses to the cloud, better control over data and activities in the cloud, as well as preventing privilege misuse, becomes critically important. Migrating a single application to cloud can seem straightforward, but more often, that application's function is tied to multiple business processes. Deloitte employs complex logic, data-driven analysis, and automated tools to rapidly map your applications and infrastructure to Google Cloud Platform (GCP), helping to increase speed, quality and savings.

Deloitte has received Google Cloud’s Cloud Migration and Infrastructure specializations, demonstrating success in architecting and building GCP infrastructure and workflows, and migrating customer workloads to GCP.

Google Cloud’s infrastructure is designed, built and operated with rigorous attention to security. Deloitte has spent decades helping clients protect their businesses from security threats, and can help move securely to the cloud.

As clients increasingly leverage cloud native services to modernize their existing application portfolios and build new and innovative products and services for their customers, they turn to us to help drive increased value through Google Cloud. Its functional knowledge of client businesses and products, combined with the capability of Google Cloud services, helps clients reduce technology operating costs, accelerate innovation, and increase business agility and security.

Through its alliance with SAP, Deloitte and Google have the people, knowledge and experience to help capture the transformative potential of SAP running on Google’s fast, reliable, and global platform. Its integrated SAP offering can help leverage the power of SAP S/4 HANA and Deloitte’s preconfigured solutions to devise a comprehensive cloud strategy.

As a recognized global leader in business analytics and business strategy, Deloitte and Google are able to help harness the power of Google Cloud’s array of big data processing and analytics tools to enable data-driven insights at speeds and volumes that were previously unimaginable. Combined with its cognitive computing practices, Deloitte uses Google Cloud’s machine learning engine to provide next-generation machine learning offerings that help solve tough business challenges.

Deloitte provides dedicated, active, scalable cloud management as a service to help you set the pace of change in your industry. We leverage our secure platform and worldwide network of specialists to understand every dimension of your challenges and how they impact your requirements. Deloitte’s business insight, coupled with turnkey, on-demand cloud management offerings on Google Cloud, make it possible to accelerate the path to cloud.

"The increasing integration, interconnectedness, and data exchange of our businesses and lives create shared vulnerabilities where a problem in one area can quickly cascade into another. By building security into these environments, organizations can better protect their data, privacy, and operations," said Deborah Golden, U.S. cyber leader, Deloitte Risk & Financial Advisory, and principal in Deloitte & Touche LLP. "Together with Google, we are supporting secure transformative change for our clients, something that all organizations should prioritize, and can enable them to be better secured in their critical cyber and cloud needs."

"For enterprise customers moving to the cloud, security isn't an afterthought, it's at the top of every CIO's list, and in general is a board level topic," said Sunil Potti, vice president engineering at Google Cloud Security. "Building in the right security processes and controls from the beginning of the cloud journey can significantly reduce risks and costs for customers, and so we are delighted to be collaborating with Deloitte to help deliver end-to-end security services and solutions to our joint-customers."

As a Google Cloud Security Premier Partner, Deloitte offers cloud security services to its clients globally and helps assist Google Cloud Platform customers address security, privacy and compliance related risks as they migrate and transform their business in the cloud. 

As part of growing the alliance, Deloitte will offer Google Cloud customers cloud security solutions in the areas of security monitoring and threat response, zero trust, identity and access management (IAM) and data security. 

The alliance will also provide next-generation capabilities that can help organizations proactively detect, continuously monitor and respond to unauthorized activity before it can adversely affect networks, and establish and operationalize a zero trust architecture and program to continuously monitor and authenticate users — constantly determining their level of risk based on who they are, what they access, and when and where they do it from. 

The companies will also enhance a digital transformation strategy and lay the foundation to leverage new data-driven identity models as they evolve, and provide a suite of services designed to help organizations address data risk management challenges and help them understand the value of their data and privacy considerations, as well as to operationalize their data risk governance program. 

Gartner reveals that just 22 percent of CFOs are personally effective; while most are overinvested in finance tasks

Only 22 percent of CFOs achieve a high degree of personal effectiveness, and Gartner Inc. research shows that a limited set of activities and relationships outside the finance department are the biggest contributors to a CFO’s personal effectiveness.

The research was based on more than 100 CFO interviews and it assessed CFO personal performance and effectiveness across 231 attributes to reveal what the most effective CFOs do differently with their time, relationships and teams.

Gartner determined CFO personal effectiveness based on how closely a CFO’s organization aligned to efficient growth behaviors, such as positive risk taking to drive long-term growth, as well as the CFO’s ability to meet CEO expectations around revenue growth, margin expansion, return on invested capital and balance sheet health.

As part of the analysis, Gartner studied the average weekly activities of CFOs and found that the average CFO lost one full day of work per week to ineffective activities. The largest misallocation was in how much time CFOs spent working within their own departments.

“CFOs want to reinvent their departments, keep their talent pipelines full and provide services more efficiently to internal business partners, so it’s not surprising that most respondents noted that managing these activities were a huge demand on their time,” said Mr. Nagy. “However, none of these activities, even if mastered, ultimately impacted how effective a CFO was in their overall job performance.”

Gartner found that there was no correlation between an organization’s size or industry in how effectively their CFO performed. Within the finance department, a CFO taking personal ownership of finance talent acquisition, mergers and acquisitions strategy, cost management or digital transformation also had no material impact in how effective the CFO was rated in overall job performance.

“CFOs tell us they have more demands than ever, but the surprise in this research is just how few activities differentiate the most successful operators from the rest of the pack,” said Peter Nagy, research vice president in Gartner Finance practice. “The most important relationships that drive high performance in the CFO role are found in the boardroom and where the customers are, not in the finance department.”