Hybrid Cloud

How the Cloud Can Help the FinTech Industry Thrive

FinTechOver the past ten years, we have witnessed a major e-commerce boom. This thriving industry created the need for ecosystem relationship management, or ERM, boosting a healthy ecosystem of start-up tech suppliers to serve several industries with online transactions.

Financial technology, or FinTech for short, is what makes these types of financial services possible online. Services like Apple Pay, Google Wallet, and PayPal allow customers to securely use credit cards to make online purchases, and FinTech services help companies better manage financial transactions as well as broad financial aspects of their business.

With the FinTech industry growing every day, there is a pressing need for secure and reliable hosting service providers. Cloud hosting makes this possible by being available for FinTech companies to ensure protected and instant transactions for every customer.

 

Choosing the Appropriate Hosting Option

It is neither a secret nor a surprise that the financial services industry is one of the most regulated industries in the world. Early on, a lot of companies were reluctant to choose third-party providers or transition to the cloud primarily because of the unique traits each company presents in terms of its hosting needs.

The stringent regulations placed upon the industry by the Financial Conduct Authority were also once a prime barrier for FinTech companies, although now the FCA encourages firms to take advantage of clouds and the beneficial opportunities they provide.

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15 Business Problems That Can Be Solved By Moving to the Cloud

cloud computing technologyAccording to a recent Intel Security report, 93 percent of a sample of 1,400 IT security professionals claim that they use some type of (hybrid) Public / Private cloud service for their business operations. The cloud is rapidly becoming a popular resource for businesses from all backgrounds, and for good reason.

If your organization hasn’t yet tapped into the power of the cloud, here are some detailed benefits of (hybrid) cloud computing technology that are worth considering.

1. Importance of data and where it is stored (GDPR)

Your business should have a clear concept of the value (and sensitive nature) of the data that is critical for operations. The inherent need to undertake efforts to assess risks and costs involved with current data storage practices is real (GDPR). Especially in an international business organization, deciding where to house data is a complex question that is largely determined by how that data will be utilized.

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Advantages of Adopting a Cloud Solution in a Post-Brexit World

cloud solutionThe UK doesn’t officially exit the European Union until 11 p.m. (UK time) on March 29, 2019, and a two-year transition will follow the exit to ensure that businesses have ample time to adapt to new policies. The management of enterprise data in the cloud will no doubt be one of the areas impacted, and IT decision makers will need to formulate a plan to deal with the uncertainty in a post-Brexit world.

Small- and medium-sized enterprises (SMEs) are seen by many as the foundation of the British economy. Besides making up more than 99 percent of firms in the private sector, according to the Federation of Small Businesses, they also employ 60 percent of the total private sector workforce. Since 2010, SMEs have been responsible for the creation of around two million jobs, and they comprise 73 percent of private sector job creation in the UK.

In “The Economic Consequences of the Brexit Vote,” authors Born, Müller, Schularick, and Sedláček postulate that the magnitude of uncertainty surrounding the decision and the fact that many policies are as yet unknown will contribute to a negative impact on the UK economy. In a study from the University of St. Andrews on the future strategic plans of 10,000 SMEs, the results indicated that business leaders expect to suffer from reduced levels of investment, less access to financing, and an overall lower level of growth. Sixteen percent of SMEs responded that the Brexit decision would present a significant obstacle to their business growth.

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How Your Business Could Benefit From Adopting Hybrid Cloud Solutions

hybrid cloud solutionsOver the last few years, we have seen a significant increase in adoption of cloud computing technology. These patterns demonstrate a great opportunity for innovation amongst businesses, especially those looking for more flexible and secure infrastructure solutions, which can be found in hybrid cloud solutions.

Analyst firm Gartner found that cloud computing ranks among the highest on its disruption scale and has become a $246.8 billion industry as of 2017.  These services will only continue to grow in popularity and will act as a necessary enabler for future disruptions.

Although some businesses remain skeptical of cloud computing, the infrastructure has proven to enhance or replace all parts of a business’s IT environment while promoting improved efficiency, the opportunity for expansion, and greater flexibility.

Hybrid cloud solutions work by combining both public and private cloud infrastructures, providing greater flexibility for companies that are looking for hosting resources and as well as the ability to run classified applications privately while maintaining SaaS and IaaS on a public cloud.

Besides increased flexibility, there are a few other notable benefits of hybrid cloud solutions include:

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4 Ways to Make Sure Your Webshop Stays Open

e-commerce hostingWhile global e-commerce sales are predicted to approach $2.5 trillion this year and continue to grow to nearly $4 trillion by 2020, according to a recent eMarketer report, the market remains highly competitive.

Nearly 80 percent of new e-commerce sites ultimately fail, and companies need to have a strong understanding of their market, trends, merchandise, platform, and e-commerce hosting if they want to be among the minority of sites that succeeds.

Most importantly, though, new sellers must understand their customers. More than any other factor, knowing your customer is what will allow you to deliver a first-class online experience.

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From Hyperscale to Open Options: Preparing for Hybrid Cloud with Microsoft Azure Stack

Microsoft Azure StackFollowing the recent announcement of our Azure Stack Beta program, we spoke with LeaseWeb’s Technical Evangelist Robert van der Meulen about how Azure Stack will usher in a new era in hybrid cloud computing. Today’s cloud adopters will see many benefits by developing a hybrid cloud strategy that combines the features of both open cloud providers like LeaseWeb and hyperscalers like Microsoft’s Azure.

Why is LeaseWeb offering Azure Stack Beta (ASDK) and what is the demand from customers like?

It helps IT teams to experience in practice what kind of services Azure Stack brings, and how they fit in their existing and planned landscapes. Particularly it shows how public cloud-like services can be available in the trusted environment of a private cloud, or hosted data center. Azure Stack addresses the market for private cloud services with public cloud capabilities. The ASDK opens that environment up without the large up-front investment, and gives IT teams the capability to validate that their solution will work in a private Azure Stack setup.

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The Secret to Shorter Load Times on E-Commerce Sites

shorter load timesE-commerce sales have increased dramatically over the past few years, and the growth continues to accelerate. Between 2015 and 2016, online sales increased almost 16 percent, and e-commerce is expected to continue to grow at rates above 20 percent. For online sellers and developers of e-commerce sites, this means the market will only become more competitive, and shorter load times will become more important.

 

Alongside increased sales, internet speeds continue to rise — and so do consumer expectations for online experiences. A measly four-second wait time causes 25 percent of site visitors to abandon a page, and for a site as large as Amazon, a single second of slowdown could cost $1.6 billion. Those numbers are nothing to sneeze at.

 

If your competitors’ sites load faster than yours, you could see your revenue start shifting to them. The effect is multiplied the longer you ignore your slow website, so why wait? The first step is to identify the mistakes that could be slowing down your website, keeping you from shorter load times, and costing you customers and cash. Next, you can take steps to correct them:

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How to Choose the Right SaaS Hosting Provider

SaaS HostingOver the past decade, SaaS has grown to be the primary service delivery model for companies across all industries, and according to a recent Gartner report, over 70 percent of companies utilize the model. While that same report forecasts slower growth in the SaaS market over the next few years, it predicts that among all global cloud services, only Infrastructure as a Service (IaaS) will grow more quickly.

There are a number of reasons for the success of the SaaS model, including the flexibility and scalability it offers. The fact that companies can easily offer new integrations and software upgrades to users on an ongoing basis — and test new features and functionality without having to wait for a full release — makes it a more efficient and cost-effective way to provide software.

As the leader of an SaaS company, however, you’ll also be faced with some challenges that are unique to this type of delivery model. SaaS companies often have to process tremendous amounts of data — a challenge that grows as your company also increases in size — and must serve a geographically dispersed user base with demanding security and accessibility requirements. Because of this, finding the right SaaS hosting provider is an important decision.

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E-commerce Success Requires the Right Partner

e-commerceThere’s a saying in the venture capital community: If you want money, ask for advice; if you want advice, ask for money.

It doesn’t work quite the same way with cloud hosting providers. But it is true that customers who ask us for advice during the pre-sale process are often the ones who end up saving money further down the line. The best approach is to start with an honest conversation about your needs and plans. Using an e-commerce company as an example: Is the business even and steady, or do you see major spikes around big sales? What are your plans for outbound marketing? Are your customers just in the United States or around the world? For what contingencies do we need to plan?

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How to Ensure Business Continuity in the Cloud

Business ContinuityBusiness continuity, like its little sibling backups, is too often overlooked until it’s too late. But with the cloud on their side, IT and business leaders have a new chance  to rethink the breadth and effectiveness of their business continuity capabilities to help avert the next outage.

The ‘build it and they will come’ days of business continuity

If you look at how business continuity was traditionally performed in medium to large organizations it usually involved a lot of talk about the “second site”. Core systems, applications, and data are literally duplicated (sometimes with watered-down capabilities) at an off-site data center or server room.

In the event of a business disruption, such as a fire alarm, the production systems would be switched over to the DR system and, at least in theory, the business would continue as usual.

One of the major challenges with using this architecture is the cost and resources required to do it properly. While some core business applications might require hardware duplication, the vast majority of applications can be run on standards-based hybrid cloud infrastructure.

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