The cloud allows us to store data on an external server that makes it easy for us to access them quickly and with a minimum of management, so it is a fundamental part of any business strategy that wants to make the leap to digitization.
When we talk about the cloud we refer to a network of servers connected to each other, which develops a global structure of high availability that allows that if a server fails, everything continues to function.
Likewise, financial entities can store their data such as: numbers, accounts, transactions, document management, which from a device connected to the Internet obtain immediate and safe access.
This is because the experts agree that the cloud allows more secure procedures than the traditional one, since the reputation of the provider companies is based precisely on shielding access.
Furthermore, the provider makes sure to provide tools to protect against unauthorized access to data at the network level, between applications or operating system instances.
In 2013 the Cloud market was US $ 58 billion, by 2018 it had grown to US $ 130 billion and by 2022 it is expected to reach US $ 317 billion.
Benefits of uploading to the cloud
Where and how to invest in the cloud will be different for each organization , depending on which agility aspects are most relevant to their business strategy.
Banking can make use of the cloud to evolve in its way of operating and thus respond to change , achieving exponential increase in productivity.
Therefore, for financial institutions, the cloud will allow them to increase their business agility and thus their competition in the market , by improving their response times to their customers before the competition does.
On the other hand, it will make it more feasible for them to quickly bring new products and services to market, while providing an exceptional experience for customers.
At the same time , new sources of income are created based on emerging customer needs revealed by the use of big data analytics.
In addition, users are given access at any time and from any device to the services of their bank and carry out all the operations they need, since people do not buy products buy experiences.
This will strengthen the bank's relationship with its client, as it is perceived as accessible and close regardless of the time of day.
Likewise , a cost reduction will be noticed through an analysis of the processes that must migrate to the cloud, according to the business objectives of the company.
Even the cloud allows us to centralize or outsource user data to a third party through open APIs.
Which cloud is the best for me?
Public Cloud: These types of services are those offered by Amazon, Microsoft's Azure or Google Engine that facilitates their resources in an open way.
Private Cloud: Although many consider that they provide greater security, they also tend to hinder the potential for scalability, so you must understand the roles and responsibilities of both the one who hires the cloud and the one who provides it at the data protection level.
Hybrid Cloud: Many entities choose to combine the use of private and public clouds in a strategic way, to keep sensitive data in the private cloud within "firewalls" and thereby meet customer confidentiality requirements.
Antit has expert professionals in information technology (IT) capable of accompanying you in each of the processes that require in the Big Data cloud, creation of specific APIs , helping in the development and connection of native cloud systems.