LAS VEGAS — Cloud company Virtustream launched a software-as-a-service (SaaS) version of its risk management and compliance monitoring product Viewtrust. The move extends the software’s on-premises monitoring capabilities and automated risk analysis to private, public, and hybrid cloud environments.

“For large enterprises that have these really complex audit requirements, we can lower the cost of maintaining compliance through automation,” said Rob Bissett, director of strategic marketing at Virtustream, from the sidelines of Dell Technologies World in Las Vegas. “SaaS-based makes it simpler to update and manage, and also makes it easier to plug into other cloud-based products.”

The software ingests, stores, and processes sensor data such as vulnerability scans, configuration scans, logs, and policies. It then uses risk-scoring algorithms to compute risk based on asset, system, geo-location, and mission criticality, and can automate risk mitigation.

Viewtrust stores all of this information in a central dashboard so enterprises can use it to generate compliance reports. It also comes with pre-formatted templates that align with various industry requirements for auditing and compliance, and companies can customize these templates for their risk management reports.

Virtustream, founded in 2009, is one of Dell Technologies’ brands. EMC acquired the cloud company in a $1.2 billion cash deal in 2015, a year before the Dell-EMC merger. Virtustream is best known for its secure enterprise cloud infrastructure-as-a-service (IaaS) — large enterprises including Coca-Cola and Domino Sugar use the company’s technology to migrate and run their mission-critical applications in its cloud.

The company’s Viewtrust software, which it acquired in 2014, isn’t as well-known as its other cloud services. “They [Viewtrust] were a security event information management and correlation company, and we wanted to bring that intelligence into Virtustream’s cloud offering. Security is a core component of what we do,” Bissett said.

In addition to focusing on global enterprises, Virtustream over the past couple of years has been building out its public-sector offerings, he said. This latest Viewtrust update includes an integration with the U.S. government’s Defense Information Systems Agency’s (DISA) Enterprise Mission Assurance Support Service (eMASS) application. This enables information assurance teams to automate the publication of compliance statements, assessments, and other required documentations into eMASS.

“This is going to dramatically reduce the overhead of demonstrating compliance,” Bissett said. “It’s a cost-effective streamlining capability.”

And for private-sector companies, Viewtrust meets a whole slew of industry compliance requirements such as FISMA, PCI DSS, HIPPA, FedRAMP, and others, in addition to adhearing to GDPR requirements and custom user-defined compliance frameworks.

Virtustream has been busy over the past 12 months, Bisset said. “It was a very good year for us,” he said. “We remain one of the fastest-growing businesses within Dell Technologies.” (Parent company Dell Technologies doesn’t separate out Virtustream’s revenue in its earnings disclosures.)

In January, Virtustream and sister company Dell EMC partnered with Samsung SDS to provide Virtustream’s enterprise-grade public cloud to Samsung SDS customers in South Korea. The public cloud runs on Dell EMC infrastructure.

In addition to its North American and European footprint, Virtustream also recently expanded its cloud services to other parts of the Asia-Pacific region including Japan and Australia. It also has a presence in South Africa.

At last year’s Dell EMC event in Las Vegas the company announced its Enterprise Cloud Connector for VMware vRealize Automation, which allows customers using VMware infrastructure to run their workloads in the Virtustream Enterprise Cloud. “That’s in the process of coming to market,” Bissett said.

VMware is also a Dell Technologies Brand. So is Pivotal, and last year Virtustream teamed up with Pivotal to provide a managed service for enterprises building and deploying applications with Pivotal’s cloud native platform, Pivotal Cloud Foundry (PCF). “That came to market in the fourth quarter,” Bissett said, adding that “support for PKS is part of our roadmap.”

PKS, or Pivotal Container Service, is the commercial version of open source Project Kubo that allows customers to deploy and manage Kubernetes on-premises. VMware and Pivotal worked with Google to develop PKS and announced the service at last summer’s VMworld 2017.

Bissett said he can’t share a launch date for a PKS managed service. But we expect to hear more about it at this summer’s VMworld event.