HashiCorp unveils The Infrastructure Cloud, a unified platform for cloud Infrastructure and Security Lifecycle Management

HashiCorp Cloud Platform (HCP) enables enterprise customers to do cloud right to increase speed, reduce cost, and mitigate risk

NEW YORK, April 22, 2024 (GLOBE NEWSWIRE) --  HashiCorp, Inc. (NASDAQ: HCP), a leader in multi-cloud infrastructure automation software, today introduced The Infrastructure Cloud, a unification of its products onto a single platform, the HashiCorp Cloud Platform (HCP), which delivers fully integrated solutions for Infrastructure Lifecycle Management and Security Lifecycle Management across multiple clouds.

The cloud promised to deliver transformative business benefits for speed, cost, and risk. However, nearly two decades into the cloud era, enterprises struggle to realize this value. According to enterprise respondents in PwC’s 2023 Cloud Business Survey, 78% of companies have adopted cloud in most or all parts of their business, but only 10% felt they were truly a cloud-powered organization.

Doing cloud right means taking a systematic approach to the two key aspects of running cloud environments, from deployment to deprecation — Infrastructure Lifecycle Management (ILM) and Security Lifecycle Management (SLM). For ILM, an organization’s platform and operations teams build, deploy, and manage the lifecycle of their cloud infrastructure over time. For SLM, an organization’s operations and security teams protect and inspect the sensitive elements in their cloud estate including secrets, certificates, keys, or customer data, and then securely connect the elements using least-privileged access for people, machines, and services.

“Since our founding over a decade ago, HashiCorp has been helping the world’s largest enterprises on their cloud journey. We’ve witnessed firsthand how transformative cloud adoption can be for businesses and how much work it takes to realize that value,” said Armon Dadgar, CTO and Co-Founder at HashiCorp. “The Infrastructure Cloud was built specifically to meet the challenges faced by companies at the many different stages of cloud maturity who need to consolidate their Infrastructure and Security Lifecycle Management to support the development of new applications. We think this new approach meets these needs, and we look forward to working with customers to modernize their cloud approach.”