ControlMonkey Signs Strategic Collaboration Agreement with AWS to Advance Cyber Resilience and Cloud Disaster Recovery Readiness

Product / TechIndustry
โดย GlobeNewswire·Read original
Summary · why it matters

ControlMonkey has signed a Strategic Collaboration Agreement with Amazon Web Services to enhance disaster recovery readiness and operational continuity for businesses running cloud infrastructure on AWS. The collaboration will bring ControlMonkey's tools for infrastructure configuration recovery to more AWS customers, supplementing existing resilience options like AWS Resilience Hub, Amazon Application Recovery Controller, and AWS Backup. Industry research from Splunk and Oxford Economics estimates unplanned downtime costs Forbes Global 2000 companies approximately $600 billion annually, with an average cost of $15,000 per minute of downtime. Through the agreement, AWS and ControlMonkey will support customers with joint go-to-market initiatives, field collaboration, and expanded cloud resilience programs. ControlMonkey's platform delivers continuous configuration discovery, versioned snapshots, drift detection, and automated restoration capabilities for complex, multi-account environments.

Impact on stocks 1

Cloud & Digital Infrastructure · 1 stocks
Amazon.com Inc
AMZN
▲ PositiveDemandrelevance

AWS gains a strategic partner that expands its cloud resilience offerings, potentially increasing AWS adoption and revenue.

Theme Impact 2

Off-coverage companies 3

ControlMonkeyPrivate▲ Positive
Demandrelevance

ControlMonkey signs a strategic collaboration with AWS, expanding its customer reach and go-to-market initiatives.

Oxford EconomicsPrivate± Mixed
relevance

Splunk Inc.Private± Mixed
relevance

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