Start-ups and larger firms alike agree that the public cloud is what they’re looking for. In this constantly shifting world of high tech, it’s important to know how you can take advantage of everything the cloud has to offer. There are benefits to think about when making the switch from on-prem solutions to cloud computing, and we’ll walk you through some real life examples from our experts here at Welo.
One of the largest risks the companies both large and small are susceptible to is human error. With on-prem solutions, your changes for human error are significant, but with cloud solutions, the chances of human error at a physical data center are totally eliminated. Working with industry-leading experts like Welo will help you create a cloud environment with a multi-layered system for cybersecurity and data access.
Welo employs automated cybersecurity warnings to our cloud environments that alert both us and our clients of any attempted breaches in real-time. In fact, one of our enterprise clients recently had a breach attempt, and Welo Cybersecurity identified it immediately, blocked it automatically through conditional access policies, and we achieved zero data loss and no compromised accounts.
As you’re reading this, your physical data center is accruing costs for energy, support staff, back up power, and maintenance costs. All of the equipment you’re keeping there will slowly deteriorate over time, requiring upgrades, constant monitoring, and human power to make those upgrades. You’ll also continue to pay renewal and licensing fees on your software. You’re also using a second location for disaster recovery in case of a disruption. If you switch to a trusted public cloud service provider, your operational costs and infrastructure overhead will decrease significantly.
By nature, hedge funds are a perfect fit for the flexibility of the cloud. The average number of employees at a hedge fund is less than 20 employees. If you have 15 employees spread across six different countries, a cloud solution will save you money by eliminating the need to have a data center in each single country where you have employees. Moving to the cloud will provide additional savings by getting rid of expenses like telecom needs and moving storage, which will create a streamlined and unified infrastructure for your company.
The time to move from your on-prem solution to a fully functioning cloud environment can be a quick transition, depending on the complexity of your needs. With the public cloud, you will increase your computing speeds and bring your business into the future. A public cloud solution is fully customizable for your company with storage and speed, giving you the personalized solution you need.
In the public cloud, new updates and functionality happen automatically on a daily basis. In a world that is moving to remote work, the agility of the public cloud for your business is becoming more crucial than ever. Finally, cloud providers include compliance and configuration considerations natively into their infrastructure, so you know your technology solutions are compliant from the beginning.
In the everchanging world of hedge fund cybersecurity, the cloud provides you with everything you need to keep your business compliant and efficient. If you’re interested in learning more about how we can help save you money and increase your revenue by moving you to the public cloud, contact Welo today.
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