Extract from “a16z Podcast: What to Know about FedRAMP with Lisa Hawke and Steven Sinofsky”
The government wants to get onto the cloud! But how do they assess the levels of risk in adopting specific cloud products, and which “cloud service providers” (aka “CSPs”) to work with? That’s where FedRAMP — the Federal Risk and Authorization Management Program — comes in. And enterprise SaaS companies need to pay attention, since it will be a requirement for selling to the U.S. government, which is one of the biggest buyers of tech. Not just that, but even state governments and private/public companies may seek FedRAMP certification because they either work with the federal government or are just seeking standards.