Gartner predicts that by 2026, 75% of organizations will adopt a digital transformation model predicated on the cloud as the fundamental underlying platform. [Source: Garner Press Release: April 19, 2023] Every organization has a cloud strategy and vision with annual goals, yet the business risky cloud migrations have aged in [...]
A hardware security module (HSM) is a tamper-resistant physical computing device that safeguards and manages digital keys, performs encryption and decryption functions for digital signatures, and provides strong authentication and other cryptographic functions. HSM has mature technology that is highly available, scalable, and usable. These modules traditionally come as [...]
As we transition to a cloud computing architecture, data security and privacy must be given top priority. Data loss or data leakage can negatively affect an organization’s brand, reputation, and customer confidence. Data misuse is possible when multiple organizations share resources. Therefore, it is essential to protect data repositories as [...]
Cloud computing is an innovation that has witnessed tremendous growth in a very short time, more than any other emerging technology in the last century, due to the numerous benefits it offers that every sector and business can take advantage of. The benefits are scalability, which balances the fluctuating workloads as [...]
Assume you’re building a website, an application, or software, and you don’t want to build everything yourself for a variety of reasons – you’re short on time; you don’t want to code the tedious sections, and so on. So you have the choice of purchasing some elements of the software [...]
The Need for Digital Payment Applications to be Migrated to the Cloud: Like all other industries, the payment industry is also evolving. The driving factors for the evolution are cost-reduction, convenience, speed, and security. These are the reasons why cloud systems are being considered for digital payment applications as well. The [...]
Over 50% of the Fortune 500 companies from the year 2000 are now at stake. Which means that just in 2 decades, more than half the brands that were on the Fortune 500 list simply no longer exist. And in many cases, the failure to transform, the failure to [...]
Legacy banking systems are decades behind as digital advancements continue to disrupt the sector. Cloud computing has long since crossed the line from experimental to mainstream. The next question is how quickly companies should adopt and convert to cloud computing. The developments in adjacent technology markets include Digitalization, where 28% [...]
The corporate environment is shifting. Many businesses now employ remote workers, have various offices, and use a variety of computing tools and platforms. While these changes present new opportunities for business executives, they also present new obstacles for IT departments that are straining to keep up in order to [...]
When Cloud computing started making inroads into the industry around 2010, financial services firms were skeptical about moving their applications to the Cloud. The common reasons cited were regulatory restrictions, security concerns, and loss of control etc. However, in 2021, the Cloud has become an integral part of the digital strategy of all financial services organizations. One Forbes study [...]
