Cloud Computing and Cloud Services – Security and Benefits | MOCO

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Cloud Computing and Cloud Services – Security and Benefits for Businesses.

Many businesses are contemplating whether to opt for cloud services for their software needs or stick to an in-house solution. They are concerned about the security of their data.

Cloud Risks

Most risks associated with cloud computing are similar to those encountered with in-house solutions. Many companies are unaware of this.
For a long time, it was believed that the location of data centres necessary for providing software services via internet access was more or less irrelevant. After all, clients only need an internet connection and a browser to use such services.

This perception changed fundamentally with revelations by former NSA employee Edward Snowden. Data protection has become a major issue. An additional risk in the cloud is data interception by foreign states.
Many German companies, in particular, were long uneasy about the fact that most American cloud providers serve the European market through data centres in Ireland and the Netherlands. However, there is now an increasing use of domestic data centres for cloud services.

The risk of data transport over the internet remains. This risk can be eliminated or minimized if internet traffic is encrypted.

Compared to In-house Solutions

The security of data in a cloud provider's data centre is higher compared to in-house data storage at an SME. By carefully selecting a cloud provider, one can achieve better protection than with an in-house solution. Choosing a cloud provider within the country or the EU can prevent states outside the respective jurisdiction from accessing data (subject to espionage), provided it is not an American-controlled company.

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Requirements for Cloud Computing

Today, businesses want to use cloud services like a consumer good over the internet. All their requirements regarding legal and regulatory aspects, risk and security issues, compliance, flexibility, efficiency improvements, etc., should be covered while reducing their costs. Sovereign software at an affordable price – this now makes it possible for smaller companies to adopt a cloud solution.

Benefits of Cloud Computing

Every company has its unique starting point. In any case, the use of cloud services can bring many advantages and benefits to businesses:

Easy Evaluation & Access

  • The website provides a good initial overview for comparison
  • Fees are usually visible and fully calculable.
  • Access to IT services is simplified for businesses.
  • Software can often be tested online for free without needing to call a salesperson for activation.
  • Installation on personal computers is unnecessary, allowing for rapid system implementation. 

Low Costs

  • Comprehensive business applications, such as CRM and ERP systems, can be used over the internet without investments.
  • There is a monthly fee and ideally no hidden costs (e.g., setup, maintenance, hosting).
  • Services are always up-to-date, eliminating the need for costly follow-up projects.
  • Updates no longer pose problems, reducing administrative effort.

Full Flexibility

  • Services can be used independently of location and system.
  • The number of users can be adjusted to demand in a short time.
  • Offers mobile solutions 

Always on the Latest Technological Standard

  • Updates are automatically applied without affecting the user.
  • New demands on IT services due to new product launches or market adjustments are quickly addressed. This directly benefits companies – keeping them at the cutting edge. 

Less Commitment

  • Companies can switch providers more easily as there are no expensive setup costs to deter them.
  • Cloud offerings do not 'tie down' companies. They have no long contract terms and can be terminated at short notice. 

More Efficient Working

  • With up-to-date data, resources and efficiency can be better optimized.
  • During company relocations and new device acquisitions, nothing needs to be reinstalled.
  • Internal technical know-how is no longer necessary 

Progress in Cloud Computing

Digitalization is currently a major topic. This includes the area of cloud computing. If companies want to be innovative and remain competitive, they can no longer ignore cloud services. Cloud computing is no longer just an IT issue but a strategic one, positioned at the executive level. With a professional approach, a company can only benefit.
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