A contra-asset account has a credit balance and offsets the debit balance of the corresponding asset. A contra-liability account has a debit balance and offsets the credit balance of the corresponding liability. â You should try to keep a good standing with your contra account so that you know you have everything covered. â.
In 2009, the availability of high-capacity networks, low-cost computers and storage devices as well as the widespread adoption of hardware virtualization, service-oriented architecture, and autonomic and utility computing led to a growth in cloud computing.
Startups, Big Vendors Offer Partners A Range Of Options. The Cloud Access Security Broker (CASB) market is one of the hottest growing areas in cloud security, expected to reach $7.51 billion by 2020, up from $3.34 billion in 2015, according to research firm Markets and Markets.