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#CloudComputing: How To Boost Your Company Growth

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The “Small Business, Big Technology” survey carried out by Deloitte reveled that SMBs which adopted the cloud have recorded on average a revenue growth of 26% compared to those still working with more traditional management methods.

 

Of businesses that responded, 1,316 companies were based in Europe and the United States. Different activity sectors have been solicited such as Finance, Health, Transport, Trade, Marketing, etc.

Cloud has become a key success element for EVERY business growth. It offers immediate benefits that improve the competitiveness of the company: reducing IT costs, securing processes, improving the company’s employee’s accessibility and many others. But it is mainly its good use that makes the difference.

 

The cloud can allow a business to:

 

  • Transforming IT
  • effectively manage business process,
  • improve its organization and way of working,
  • respond faster to changes in customer needs,
  • energizing channels and communications,
  • Easier design of new products and services.

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All these elements make it a valuable asset for an organization.

 

A powerful competitive tool

By choosing online solutions, not only big but even SMBs can reduce their costs and secure their data. They also improve their operational efficiency thanks to the time they can save on backup and recovery so they can focus on more critical projects for their business. 80% of companies say that cloud technology can enable them to evolve and grow faster.

 

  • Cost reduction
    A cloud service does not require any software installation. The decline in hardware investment and the reduction in IT maintenance costs are the first reason for choosing online applications for 42% of SMBs. Therefore business owners benefit from less expensive, regularly updated and flexible systems that can evolve according to the key events in any company’s life: evolution of computer equipment, increase in size or staff, an outdoor office, work from home etc.
  • Process reliability
    31% of organizations have also chosen cloud services for updates and security issues. Therefore, cloud service providers are investing heavily to protect and update their infrastructure. They provide important guarantees in terms of the reliability and availability of IT infrastructure so the organizations are free from major security concerns.
  • A powerful information system
    Today, few SMBs have to make their own software packages easily accessible to the majority of their employees. Online applications reverse this relationship. They can be operated at anytime, anywhere, by all authorized employees. The cloud also allows the creation of data structures and applications dedicated to specific profiles such as: commercial, technical, warehouse manager, maintenance manager.

A Valuable assistance for business growth

Changing the work habits or even the organization of SMBs, the cloud provides important and competitive advantages. It improves relationships both internally and externally, with customers or suppliers. The company gains operational efficiency and agility.

 

  • Increased mobility
    Improvement of mobile work for its employees remains the first reason to equip cloud solutions for 47% of organizations. Whether it’s for sales persons or employees who want to work from home, the opportunities available to your teams are more numerous, more comfortable, and even more efficient. The cloud mode allows to integrate a collaborative workspace, exchanges between collaborators are facilitated and accelerated, despite the distance. By meeting with a customer, a salesperson keeps a 360 ° vision and in real time on tariffs, stocks and delivery times. Facilitating the work in mobility allows the establishment of a more flexible and efficient organization for you and your collaborators.
  • Decision-making process

    Cloud management software provides organizations dashboards with real-time rich indicators with a clear view of inventory and order status, invoice and cash flow monitoring, gross margin, and more. All these data are constantly updated.

    Thus business owners benefits from critical information which are all valuable aids to decision-making. Especially since this information is available and permanently accessible on different connected smart devices (tablets or phones), wherever it is, on the road or in a meeting.

  • More flexible infrastructures and equipment

    With cloud, your IT equipment gains mores adaptability and allows you to equip yourself more easily and without risk, in whatever development stage your company is. If your company expands, moves or relocate, you are ready and equipped.

    The tools available in the Cloud offer a start-up company the possibility of acquiring, at an early stage, all the solutions needed to manage a business. For a growing business, the cloud provides the necessary flexibility to grow its business, its premises and its staff. 85% of companies surveyed with annual growth of more than 80% believe that cloud technologies allow them to grow faster.

    Finally for a more mature company, using the cloud makes it possible to rationalize its equipment and fluidify exchanges within your organization. To reduce costs, there is also an organization adapted to the conquest of new markets.

 

An incentive in terms of innovation in your services and your organization

Thanks to the contributions of the cloud, organizations can set up new services bringing real added value. Data sharing encourages collaborative work, and customer relationship management is refined. The company innovates more easily and develops its collective intelligence.

 

  • Establishment of collaborative platforms

    A cloud enables the deployment of information sharing tools that are effective immediately. The account managers adjust their schedule and appointments online. Technical agents access their documentation and debrief their interventions from a distance. The transport services validate in real time their deliveries etc.

    Collaborative platforms can thus be set up, promoting co-working and project development. Business process sourcing in the cloud not only helps to streamline and accelerate internal operations. For example, by using cloud-based applications (Softwareas-a-Service, or SaaS) also improves productivity and collaboration.

Let’s all get agree on the fact that in order to grow, companies need to get closer to their customers and find new ways to engage them. Because in this digital era customers have higher demands so businesses need to innovate by creating new products and services—or launching new business models in their current suite of products and services—to meet those demands. Fundamentally, cloud computing enables this innovation by helping companies to optimize, innovate and proliferate new value across four business value lenses!

First step in #Cloud? List of questions you must ask your Cloud Service Provider before moving to Cloud

Services based on the cloud computing model are gaining more and more importance and changing considerably the way companies used to manage their data. Some see it as a practical solution for automatic storage, others a way to guard against data loss, and others, the way to have constant access to their data.  Cloud computing can be considerable as one of smart beneficial adoption for companies, such as storage on demand, cost savings and multiple servers etc.

 

Studies have revealed that over half of companies adapting cloud computing resources have significant improvements in their productivity, plus, studies conducted by the Cloud Industry Forum shows that 90% of UK and European companies run at least two cloud services. However, it is not enough to register with a provider and to migrate data on a remote server and then passively enjoy the savings. Certainly cloud has its advantages, but companies must learn about cloud transition challenges before taking any further step in its direction.

 

A cloud failure is a good example of critical problems that any organization may face when operating cloud services. Cloud failures can make data inaccessible for companies or can even be a cause of valuable data lose. As a business, what can you do to prevent data loss? And what questions entrepreneurs should ask before choosing any cloud solution? Here below is a list of important you must ask any cloud vendor before signing the contract!

 

    • Who is responsible for my data?
      Although data centres belong to the provider of cloud services, the ultimate responsibility of the stored data will usually attached to the client. Therefore, if data is lost for X reasons, this will certainly be the company, not the provider, who will be held accountable.

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    • Your Cloud solution allow access 24h / 24, 7/7 … 365 days a year?
      Your company operates in real time and is based on your computer data: customer files, emails, accounting and important administrative documents … In case of a disaster such as, computer crash, virus or damaged hard drive, you won’t have enough time to save all you documents & files before the economic damage and data lose due to this accident.
      You’ll be happy to know that cloud is the ideal solution allowing you access to your data anywhere any time. But is this so sure?
      Before outsourcing your data in the cloud, check its availability rate, in other words, it’s the number of hours or days of maximum uptime guaranteed by your cloud provider. Time out break, whatever its duration, can result in a loss of money for company. This availability rate is a percentage and it is the third figure AFTER the point that matters. A guaranteed uptime of 99.9% may sound interesting on paper, but on the whole year, this can leave you with a service downtime of about nine hours without violating its obligations. A guarantee of 99.999% instead will turn in equivalent to only five minutes of downtime per year.
      So we advise you to avoid hosting below 99.995% (hours per year)!

 

    • In case of natural disaster, can you cloud provider save immediately all your data WITHOUT loss?
      You must ask cloud provider, what type of restitution method will implement upon the occurrence of such incidents. Can you recover all your files on a simple demand? How quickly and what format?
      Insist your provider that you get ALL of your data on demand, whatever the reason, within a reasonable time and in a format your servers can read! You should know that most cloud services includes a backup by default. It remains significant to Carefully Consider the provider’s backup policies by checking the data retention time (this allows you to recover your data as They Were at a Particular time).

 

    • Your data are “in the cloud” but where exactly?
      Do not let anyone play with your data privacy! To guarantee your data confidentiality, check in which country they are hosted. The jurisdiction of certain countries allows their different services to have a free access to your data. Therefore, if you host your data in Europe, America or Asia, you are not subject to the same legislation. The Privacy Shield ( “Personal Data Protection Shield”), the agreement regulates the use of personal data of European citizens by companies on American soil, was validated by States Member last July 8 but leaves many gray areas in practice.

 

    • What are the security measures in place to protect your data?
      All Cloud providers have invested in higher or lower security measures to protect against external attacks. Do not hesitate to meet your future cloud service technical service and to ask them directly about security measures.

 

    • What level of support is available?
      One of the most important points when choosing a Cloud partner, it is the level of service it offers, also called SLA (Service Level Agreement). Small businesses will be more dependent on advice and expert assistance on such matters in comparison of large groups. Big organizations have indeed the possibility to set up a public or private solution and manage it alone which is too complex and time-consuming for small structures.
      Dependent firms of this type of technical assistant need to determine what kind technical input they can reasonably expect from their cloud service provider. This assistance will focus mainly on maintenance and automatic updates of data. The choice of supplier is therefore essential on this aspect, which could make the difference between successful deployment and rollout to loss, where the customer is unable to take advantage of the tools at his disposal.

 

    • What about the general conditions?
      It is recommended that companies take enough time to read the small print at the bottom of the contract, since they often contain essential clauses that could have important implications later on. For example, a standard contract often will state the level of compensation that a client can benefit if the service guarantees are not met, as well as information about data recovery procedures.
      The contract should also explain what happens to the data of the company at the end of a contract. The last thing a customer needs to know is that the supplier has not totally erased its data at the end of the contract, which can be cause of potential threats.

 

If you have asked yourself these questions and you got all your answers, then you are on the right path for a successful cloud project and finding a serious supplier with whom you can maintain good relation for years, knowing that your data will be safe and always available when you need it.

State of Technologies at the end of 2016

2016 is almost hitting its end so we thought it’s time to look back at the biggest trends in tech. This blogpost summarize forecasts of trends in Big Data and Data Analytics presented in Forrester and Gartner Reports. It’ll provide you a clear picture of the evolution of Big Data, predictive analytics, IoT and cloud computing market.

 

 

  • Big Data

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It has been a quiet revolution. What is trendy are the growing scale, sophistication and analytics of data. Nowadays data is not just a back-office, accounts-settling tool anymore and the Data Science is not an isolated concept. It is gaining importance in all business sectors and even within all functions. It’s increasingly used as a real-time decision making tool. Moreover, data from social networks, governments or the companies themselves are being analyzed in real time to improve efficiency. Plus thanks to Deep Learning, analytical tools will progressively become more intelligent, autonomous and intuitive in upcoming years. Their operation will gradually move closer to the way of a human thinking, so the unstructured data, such as emoticons used by online users, will be collected and analyzed more quickly and deeply.

 

  • Self-Service Analytics

We are living in a world which is flooded with data captured from multiple sources such as corporate databases, sensors, IoT and this trend keeps increasing. In front of this rising data, organizations are innovating new tools and ecosystems to be able to translate and capture useful information from this data. One of the biggest challenge for Data Scientists is the focus on Analytics and the real-time analysis to make major decisions. To compensate the lack of qualified specialists, and in order to save time, companies will keep investing in data analysis through the Self-Service Analytics tools. With that being said, we’ll keep seeing apparition of innovative tools and other ecosystems for self-service analytics. Plus social networks will develop their own analytical tools. To remain competitive, Data Analysts will therefore have to increase their efforts and inventiveness.

 

  • Public data sources

In the US, for instant, the aggregated health data is now open to the public through the National Center for Health Statistics of the CDC. Without any long wait, many other countries will most certainly follow the same direction. Consequently, these data can now be freely exploited by companies. Besides health, other areas should also soon open access to their data. These open data will give companies gold opportunity to adapt their products, services for niche markets.

 

  • Internet of things:

Over the past decade, the world has become increasingly hyper-connected. We live in an environment where the Internet and its associated services are accessible and immediate, where people and businesses can communicate with each other instantly, and where machines are equally interconnected with each other. IoT will continue changing everything, including ourselves in upcoming years. It’s not a bold statement, consider the impact it already has had on education, communication, business, science, government, and humanity. Clearly, the Internet is one of the most important and powerful creations in all of human history. IoT represents the next evolution of the Internet, taking a huge leap in its ability to gather, analyse, and distribute data that we have been turning into information, knowledge, and, ultimately, wisdom. The worldwide Internet of Things market spend was worth $591.7 billion in 2014 and will grow $1.3 trillion in 2019 with a compound annual growth rate of 17%.

 

  • Cloud Computing:

Due to high costs of infrastructure and administration, data centers are often one of the first business areas that companies consider switching to a cloud service. So an organization’s decision to move their IT to the cloud is gaining importance. Most organizations are planning to shift select capabilities there, and many already have. The decision is often influenced by technology trends, except cost saving benefit, the cloud data center is much simpler to organize and operate and, because it is simple, it scales well. In other words, the larger you make it, the lower the costs per user are. My personal opinion is that organizations will soon get rid of their traditional data warehouse and invest in their next generation data warehouses which will be placed in cloud.

 

For each business, the convergence of IT is an important part of their sustainable growth. All business have come to realize that an integrated IT industry will enhance the competitiveness and creativity of their economies and fuel the sustainable growth of the global economy. Businesses around the globe have been unveiling their innovative strategies for the IT industry. IT technologies have already brought a dramatic change to our lives and will continue to surprise us. We are convinced that in this new era of hyper connectivity, IT will maintain an economic growth worldwide.

 

Sources:

Magic Quadrant for Business Intelligence and Analytics Platforms

National Center for Health Statistics

State of the Market: Internet of Things 2016

Cloud computing implementaion and its benefits

This week I’ve decided to talk over cloud computing because I’ve noticed even though it’s an existing technology, talking about it is still Chinese for some people. So to better understand this IT evolution, I’ve decided to provide some explanations, based on several studies, of what’s good to know about #cloudcomputing.

 

Let’s first dive in some history because it’s important to understand where did it came from. Basically Internet exists since 1960s, but it’s only in 1990s that it showed any importance for businesses. The famous WWW “World Wide Web” was born in 1991, and in 1993 a web browser was released that allowed users to view web pages.

Since then the arrival of cloud computing has revolutionized the use of computer services in organizations. Before companies need to manage their IT assets in order to get the more out of it. Now, with cloud computing, companies can use on-demand IT services, without worrying about the infrastructure issues, security and maintenance.

 

The uses of computing in cloud are endless and there are only good reason: it’s the same as with traditional IT, except that the servers / machines that store and process information are not in the same building and are high-performance, reliable servers designed to help you grow and scale any business quickly and easily. In short, below are some uses of cloud computing:

 

  • Use of services / softwares online
  • File storages
  • Disaster recovery
  • Backup
  • Collaboration via shared workspaces and synchronous communication tools

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When I think about it, life before cloud computing was quite pain in the ass because the company’s employees used to access to IT resources (servers, applications, storage spaces …) via the internal corporate network. (Means no home working). There’s no doubt that cloud computing is enhancing out ability to work anytime anywhere.

 

If we compare, traditional enterprise applications are still too complicated and expensive. The number and variety of software and hardware required for their execution is overwhelming. A team of experts is needed to ensure the installation, configuration, testing, implementation, security and update of these software’s.
Cloud computing is the new way to work. The company’s employees are able to access to computer facilities provided by one or more cloud providers via the Internet. These infrastructures are pooled among several companies to be proposed at the lowest cost. Organizations don’t manage any hardware or software. With this kind of infrastructure you only pay for what you need, upgrades are automatic and the evolution of the system is easy. Many businesses are moving to cloud because cloud computing increases efficiency and helps improve cash flow and offers many more benefits.

 

Is implementing cloud services worth it?

“Anywhere, any device, anytime!” For cloud computing vendors the answer is obvious: yes! Companies have every incentive to put their data in clouds. For various reasons: they do not buy the product license and doesn’t need to care of updates of the software and equipment maintenance.

Other arguments: the lack of investment in major infrastructure (most of the time, the computer room one of most important part of the building to which was added an air conditioning system), a very fast service (a server can be activated in minutes) and flexibility (for IaaS and PaaS).

 

Advantages of Cloud Computing:

  • If you’ve ever implement a new applications / service, I’m pretty sure that you are aware of the time it can take. But with a cloud based application, you can cut through this complexity and use the application within no time because you don’t have to worry about maintenance or management.
  • There’s no initial investment if IT tools and no hardware maintenance
  • Costs reduction because users only pay for what they consume. Also strong economy of energy costs and cost of licenses. Also with cloud based applications organizations can increase and decrease the number of users based on your needs.
  • Reduced risk of hardware failure. Data is secured and IT is truly mobile.
  • Not to forget mobility aspect, the user can at any time and from any device connect to applications and workflow. All you need is a terminal with an Internet connection. It’s more productivity and presents a gain of time.
  • It has no size limits, so you have no worries of its capacity.
  • Data is stored securely in clouds, if in case you’ll lose your computer, you’ll never use your important information

 

How the Cloud has convinced organizations?

The number one reason is the facility of connecting their employees using a multitude of different devices. Whether it’s a computer, smartphone, laptop or tablet.

According to the McKinsey Global Survey, more than 80% of respondents indicated they are using or experimenting with cloud technology. And 27% of users affirms that cloud computing has increased the performance of their business by saving time to its employees.

Finally, 93% of users declared that they have improved the efficiency and utilization of their “data center” through the cloud.

 

The impact of cloud on the business model of companies

According to IBM, on average, the cloud helps companies to halve their operating costs. “A unified computing is a 30% cheaper service. The automation of load distribution represents 11% savings in addition to cost governance” says Ian Brooks, in charge of promoting the cloud at HP.

 

With all these information, we can conclude that cloud computing presents the boom and bust in information technology. End of 2020, 840 million people worldwide will be using “Cloud Computing” solutions and companies will be saving at least 210 billion annually.

 

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Cloud Computing : Web Services Suppliers Selection by Developers

One of the leading analyst company in the app economy and the developer ecosystem VisionMobile published the results of a survey in which more than 13,000 developers from 149 countries were surveyed. Among other points studied in the report, the company highlights the cloud market trends and factors that justify the selection of a developer for a particular cloud service provider.

 

The chart below shows us an overview of worldwide Developers presence. First thing that got my eye was the level of gender imbalance is really high, 94% of male dominant. Asia and Africa have a younger technical workforce and are faster to exploit new areas like IoT. One of major advantage of such young workforce is that they don’t have families and have plenty of time to dedicate to their work, and some of them are even involved in two or three areas of development.

THE GLOBAL DEVELOPER LANDSCAPE

The result of the survey concerning cloud computing shows that CC market is one of leading revenue generator market for developers. As a matter of fact, 57% of cloud services developers interviewed in different countries earn at least $ 5000 per month. This percentage concerns 41% for Internet of Things (IoT) developers, 49% for mobile developers and 51% for developers of desktop applications.
We also note that 28% of cloud services developers reach more than $ 10,000 per month. 16% of IoT developers, 21%of mobile developers and 24% of developers of desktop applications earns same monthly income.

Developpers Revenue

 

One of the key determinants for selection a cloud computing platform is the supported language. Normally all popular cloud services supports a wide range of languages, however, depending on used languages, developers are focused on specific platforms. “Platform owners hoping to attract developers need to support a range of languages, but maintaining libraries and APIs can prove expensive and dropping a language is politically difficult”. 

 

Furthermore, regional differences also exists, for i.e. we can see the North American preference for HTML5 and Asia preference for Java and C/C+.

 

The chart below demonstrate that developers are typically self-starters, and that is reflected in the predominance of self-teaching across all the languages. Java programmers have the biggest percentage of degrees (73%), on the other hand, C/C++ also boasts a slightly lower number of degree holders (65%), and almost ties with Java for postgraduate qualifications. The lower proportion of degrees for C/C++ developer is mostly explained but more self-taught games developers using the language. Plus when it comes to generate revenue, developers are getting very creative and most are keen to pick a language which keeps a wide range of options open.

Supported languages

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The survey reveals that 44% of developers surveyed “are happy to keep their cloud safely home,” in fact, almost half of developers are hosting their apps in private clouds, well away from the public infrastructure which grabs all my attention because even Amazon Web Services, the biggest cloud by far, can only boast of being the primary platform for 16% of software developers, while 44% of them are happier to keep their clouds safely at home. Microsoft Azure is next with 13%, followed by Google Cloud Platform (8%), Digital Ocean (4%) and Heroku (2%).

 

It’s no great surprise that Amazon’s Web Services provides the greatest linguistic variability. Note that Microsoft’s cloud services attract more Microsoft developers, 54% of Azure developers prefer C#.

 

Java is the most popular language, followed closely by PHP, but even those two aren’t obviously predominant. Every cloud platform present on the chart below, have one or two dominant languages, and plenty of less-popular alternatives with very-low usage figures, but Amazon customers clearly aren’t selecting the platform on the basis of language support but because of Amazon worldwide popularity.

 

Amazon Web Services-Microsoft Azure-Google Cloud Platform

 

Sources :

Developers Economics – State of Developer Nation

 

Top 12 Cloud Computing Security Threats

cloud computing security

Due to cloud computing exponential growth, its benefits are now obvious.The most notable are, reduction of maintenance costs of its IT infrastructure, Reduction of energy consumption, the rapidity of sharing data with one or more other users of CC. Possibility of creating a collaborative virtual platform.

 

However, front all the possibilities offered by this new concept, cloud computing has created new security challenges. Still some enterprises are reluctant to in CC adoption mostly because of the safety factor which is still a challenge.

 

Just to remind, cloud computing is an IT approach that operates over the Internet (or any other WAN). It’s a type of Internet based computing where different services such as servers, applications, storage, collaboration and administration tools, etc. are delivered to any organization’s computers and devices through the Internet.

 

Seeing both the promises of cloud computing, and the risks associated with it, the Cloud Security Alliance (CSA) and the Information Systems Audit and Control Association (ISACA) has created several studies in which they have identified 12 points which are the major threats to data security and cloud applications. Let’s have a look to it.

 

  1. Leakage of that kind of information which wasn’t intended for public due to the existence of Data Breaches.
  2. The fragility in Identity, Credential and Access Management, although some providers prioritize authentication interfaces with other ways such as certificates, smart cards, OTP technology phone authentication, and many others;
  3. Using Insecure interfaces and APIs that customers can use to interact with cloud services
  4. Exploit of System Vulnerabilities in operating systems on servers in clouds or even in hosted applications
  5. Accounts or services Hijacking via software vulnerabilities
  6. Risk caused by Malicious Insiders are not new. It can be a person of management team who has enough access to privacy or secured data that he can easily to misuse it.
  7. Advanced Persistent Threats (APTs) consist of a form of attack where the hacker manages to install somehow a file in the internal network of an organization and can put his hands on important or confidential data of the organization. This type of attack are really difficult to detect for a cloud service provider.
  8. Data loss can be caused by a virus attack of Datacenter, a physical attack (fire or bombing), natural disaster, or even just to a human factor in the service provider, eg in case company’s bankruptcy. The thought of losing all data is really terrifying for both businesses and consumers!
  9. The shortcomings in the internal strategies of adoption or transition to the cloud technologies. Companies or organizations often doesn’t take into account all the safety factors related to their operation before subscribing to a cloud service.
  10. Abuse and Nefarious Use of Cloud Services via accounts created during the evaluation periods (most ISPs offer free 30-day trial) or purchased fraudulently access.
  11. Denial-of-Service is the kind of attack that is meant to limit the acces on data or services by excessive consumption of resources such as processors, memory or network. The idea for the hacker is to succeed in overloading Datacenter resources to prevent other users to use services.
  12. The faults related to the Shared Technology issues can cause problems in the internal architecture of the cloud and eternal interface architecture with users.

 

These twelve points, as mentioned above, could further reinforce the paranoid in their doubt regarding cloud, but will mainly encourage users (individuals and businesses) to be more demanding on service levels (SLA: Service Level Agreement) conclude with suppliers.

 

Sources:

 

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Business Intelligence Insights

Business Intelligence development in 2016

Strategic information is often embedded in the volume of data information systems. In addition, these data are sometimes stored unorganized or in unstructured way. The volume of data is growing daily, it is very difficult to treat them and understand their meaning. But access to information, all information, without any delay, that’s what leaders want and that’s what BI is offering. Since past twenty years BI or “Business Intelligence” has seriously made its entry into business. But what is this software solution? Who is it for?

 

In a few words: BI consist to transform data into information in order to predict the future development of any company. This is an IT approach that generates and processes data in order to enable leaders to have a global vision of the results of their business. Those data generated reports provides them a better analysis and understanding of the market. It is a real help in strategic decision making. Gartner findings revealed that the market for BI solutions has an annual growth of 7%.

 

Few years back, the BI was mainly used in financial sector for different departments such as accounting, management control etc. because financial institutions need to support business activities and decisions making in time. But now we all are witnessing a BI technological change and development means providing the opportunity of significant competitive advantage for all organization. Expansion of BI is having such a huge success that now it’s available to any size of organization. Not only in mode but the BI now, is a necessity of all organizations, it represents a real strength of company.

 

Moreover, the growing use of cloud-services clearly indicates that more and more companies choose not to waste their budget in purchase of expensive and complex software. They prefer the affordable price of services available in SaaS mode, simple and quick to implement, without cost to install or setup + access data any moment. These solutions especially have the enormous advantage of being a payback within months.

 

In a company, data presentation tools offered by Business Intelligence are for everyone. Every department will find the tool that suits them best and benefit for its function.

 

  • Management monitors business performance and effectiveness of their strategy via performance indicators presented in dashboards.
  • Analysts literally navigate in information to understand and analyze the highlights of any organization.
  • Finally, employees use structured reports to follow and adapt the day to day operational activities of the company.

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There’s no doubt that the collaboration of these services available in SaaS mode, offers companies the opportunity to create a fluid flow of information. A well-designed BI solution provides a consolidated view of key business data which isn’t available anywhere in the organization, gives management visibility and control over measures that otherwise wouldn’t exist.

 

Cloud computing adoption and growth

Cloud computing -BigData

Cloud computing is an IT approach that relies on shearing computing and application resources over internet rather than having local servers of personal devices to handle applications.

In cloud computing, the word cloud is used as a metaphor for “the internet”, so it’s a type of cloud-internet based computing. This computing approach brings several advantages to organizations by delivering them different services via internet. The most promising advantages are:

 

  • Reduction of maintenance costs of IT infrastructure
  • The rapidity of sharing data with one or more other users of CC. Possibility of creating a collaborative virtual platform
  • A free and open access to the client, which can establish its own connection anywhere and access their data immediately, without going through the establishment of a VPN (virtual private network) in the company.
  • Reduction of energy consumption

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Cloud computing IT infrastructure

In technological terms, 2015 was the year of “cloud”. According to research firm IDC, cloud computing now accounts a third of all IT infrastructure spending. For applications, Forrester suggests that overall worldwide spending on SaaS this year will reach $ 106 billion, about 17% of total spending in enterprise applications.

 

Such high figures demonstrate only the success of cloud computing.  In 2015, we saw the peak of Cloud computing hype with the potential to make any organizations more responsive than ever. The analysis firm Gartner predict how the cloud computing and applications transform enterprise computing in a better way.

 

Today, cloud computing has become essential in the business. The leaders have realized that it is more efficient and profitable for them to assign non-core processes to an external third party providers.

 

Cloud services in their various versions, SaaS (Software as a Service), PaaS (Platform as a Service) offers good opportunities to individuals and companies but still security and privacy continue to be the main inhibitors of cloud adoption because of insufficient transparency into cloud-provider security. Cloud providers need to demonstrate their capabilities to deliver services in a secure and reliable manner.

 

To summarize, We can see that in 2015 Cloud represents a radical change for companies and gain a competitive advantage. In short, more than a buzzword, cloud is a tool that can streamline your business processes and improve them.

 

Sources :

http://zd.net/1KM026q

gtnr.it/1PcuNPP

Big data innovation in the financial technology

Big data in banking sector

 

Did you knew that In Asia and the United States, It’s possible to calculate, within some minutes, the repayment abilities of individuals and small businesses by using their online public data, available information on their social networks and predictive control algorithm based on online data.

 

A new lending San-Francisco start-up “Affrim” founded in 2013 by co-founder of PayPal Max Levchin, helps e-commerce sites and online shoppers by giving the possibility of monthly payment for their purchases. Affrim offers affordable loans and purchasing advantage to Generetion Y, their target audience, because they use to do everything on digital platforms.

 
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Consumers and small enterprises based in the United States, China, Mexico, Colombia are already able to obtain a loan via their smartphones. “Applying for a loan using Affirm is as easy as putting in a shopper’s name, phone number, birthday and the last four digits of their social security number,” confirm Max Levchin. Thanks to big data, online credit acquisition is the second technological breakthrough after online banking.You must be wondering how does Affirm work? Well Affirm has developed a predictive algorithm which combines Big Data and machine learning based on information provided by the consumer or online information data which evaluates the applicant’s repayment capacity. By having access to all bank accounts of applicants, they are able to recover most part of data. “We’ve paid over $ 500 million and until now we haven’t had any default payment”, says Alan Cooper, head of marketing at Earnest, a startup in San Francisco since founded in 2013 specialized in low-cost lending for personal loans and refinance of student loans.

 

This is no secret that Big Data is being used in almost every sector and companies are getting full advantage out of it. Still now many companies are hesitating when it comes to implant big data, simply because they’re overwhelmed by the process of collecting the data via traditional channels, lack of analytical skills and/or unsure of what specifically they’ll be involved with. But don’t worry; Xorlogics is here to help you, with a 4 years proven experience in the field of Big Data, Cloud Computing, Web applications and Resource Augmentation.

 

Feel free to fill this form and our experience developers will contact you as soon as possible.

 

Women place in the digital industry

Tomorrow it’s 8th March means International Women’s Day. Perfect timing to talk about the place of women in the digital industry!

 BIGDATA WOMEN

Women associations and groups will meet tomorrow to reward them for their digital initiatives. You must be asking what’s the purpose of this event? Quite simple, these associations aim to increase the diversity and solve gender parity.

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