Companies are embracing the cloud, spending on the cloud is up to 73.8 million dollars in 2020, reports Forbes. 

Enterprises' average cloud spending is up 59% from 2018 to $73.8M in 2020.

A new analysis by cloud security company Accurics finds that a majority of 2019’s breaches occurred because of poorly configured cloud storage systems, reports Tech Republic. 

Some of the biggest breaches of 2019 were traced back to problems related to the cloud, and the number of hacks will only increase now that more organizations are going digital, according to cloud security company Accurics. 

Open Connectivity Foundation (OCF), a leading Internet of Things (IoT) standards body, today announced the completion of OCF Specification Release 2.2.0 and launch of the first ever Cloud-to-Cloud Certification Program. Specification Release 2.2.0 includes the OCF Universal Cloud Interface (UCI), the industry’s first solution to unify the IoT ecosystem through cloud-to-cloud connectivity.