According to FedRAMP Director Matt Goodrich, the average company spends $2.25 million in overall costs by the time they’re certified by the Federal Risk and Authorization Management Program. Not only is cost a factor, but time as well. While the process continues to improve, some companies took well over a year to make it through.
Software-as-a-Service (SaaS) Vendors must also navigate FedRAMP if they wish to have the Authority To Operate (ATO), providing the public sector with a compliant solution. FedRAMP ATO compliance is the barrier to SaaS providers serving the government sector. It’s a