Cloud benefits far outweigh the risks

Cloud benefits far outweigh the risks

Businesses can cut costs by up to 20% using the technology, says European Commission

Friday, November 28, 2014

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As many as 80 per cent of businesses can cut costs by up to 20 per cent using cloud computing, according to the European Commission.

Consequently, five million jobs are expected to be generated worldwide as companies adopt the technology.

"We're already preparing for jobs that don't even exist as yet," Ative Ennis, head of enterprise solutions at Digicel Business, was quoted in a news release from the telecoms giant.

According to Digicel, many companies in Jamaica still view cloud technology as being risky and are most times reluctant to migrate their mission-critical systems to this platform.

"We're now living in a world where the number of devices that connect to the Internet is increasing at an exponential rate and is expected to reach 15 billion by 2015," Ennis said at the 2014-2015 Leaders-to-Leaders Speaker Series held at the Jamaica Pegasus Hotel in Kingston on Wednesday.

"As cloud technology becomes more infused into our everyday lives, you have to take advantage of the possibilities that it presents to differentiate yourself from the competition," he added.

Ennis, the news release said, reckons that the benefits of cloud computing far outweigh the risks.

He said that Digicel Business' clients have realised up to 32 per cent reduction of their operational costs by shifting to cloud platforms. They also face significantly less risk of losing critical data by storing their information offsite at the ICT solutions provider's Tier III Certified Data Centre.

Additionally, cloud technology enables companies to experience considerably less downtime when upgrading or expanding their telecommunications services.

"Most devices that connect to the Internet expose us to some level of risk, but we can't avoid cloud computing just because there is the potential for risk," Ennis is reported as saying.

"So you have to be proactive, you have to be prepared and you have to anticipate potential threats and formulate a cohesive strategy to mitigate this, because cloud technology is here to stay," he added.

Donald Barrett, an ICT consultant and partner at KPMG, pointed out that 100 per cent cyber security is neither feasible nor appropriate.

"You must have a plan that involves prevention, detection and response so that you can prepare for risks, monitor your systems and if the need arises, you can respond with a well-rehearsed plan of action," said Barrett.

Discussions at the Leaders-to-Leaders Speaker Series were focused on cloud computing and IT security.

Ative Ennis, head of enterprise solutions at Digicel Business, speaking at the 2014-2015 Leaders-to-Leaders Speaker Series at the Jamaica Pegasus Hotel in Kingston on Wednesday.

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