What is Community Cloud? Make the Most Out of ESDS Community Cloud!

A study about cloud computing infers that cloud computing may grow by more than $390 billion by 2028. With the growing cloud market, the community cloud market is expected to develop at a CAGR of 31.29% by 2026, reaching a market size of US$14.806 billion.

 

 

 

 

 

 

 

 

Cloud computing has grown dramatically in the coming few years, especially since the outbreak of the covid-19 pandemic. Many businesses shifted to the cloud as automation and being online was the only way to sustain the industry. 

Cloud computing has boomed in various sectors like enterprise, government, healthcare, BFSI, etc.

With the variety of deployment models offered by the cloud, community cloud computing is preferred by many industries for the many benefits it delivers. The community cloud has transformed into a constantly evolving landscape for cloud deployment.

Let us dive into community cloud details!

What Is Community Cloud

A community cloud is a type of private cloud, which offers dedicated infrastructure for organizations from a specific community with common concerns like security, compliance, jurisdiction, etc. It is an ideal solution in terms of cost-effectiveness, privacy, and security.

A community cloud combines the features and benefits of different cloud types into a single solution customized to a specific industry (Banks, insurance, government, enterprise, etc.). It is also appropriate for organizations working on a similar project, research topic, or application and requires identical resources.

A community cloud is not open to the public; it is only accessible to a selected group of people. It is adaptable as it can be designed and managed by one or all members of an organization and a third-party provider.

Types of Community Cloud

• BFSI Community Cloud

BFSI community cloud operates specifically for banking, insurance, and financial industries by streamlining the entire workflow of the organization.

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Hybrid-cloud & Multi-cloud – Differences & Similarities

 

According to sources, small and medium businesses benefit the most from cloud services, as they spend 36% less money on IT. Cloud-based solutions/services are used widely in all the business sectors. Manufacturing, BFSI, government, and various enterprises use cloud solutions for automating the manual work process and ease of work.

Cloud solutions have helped various businesses to grow regardless of the business size, infrastructure, and finance. Cloud is not just the future, but it is the present! Choosing cloud solutions is your only choice. Basically, cloud computing is a collection of servers whose resources are accessible to you through the Internet. To access the cloud services/resources, you need a cloud service provider who offers you services according to the requirement of your business.

Hybrid clouds and multi-clouds are the two most popular types of cloud computing.

Find out what multi-cloud and hybrid cloud are and how they can help you!

What is Multi-Cloud?

Multi-cloud refers to the use of multiple public clouds. Multi-cloud deployment is when a company uses various public clouds from different cloud service providers. For cloud hosting, storage, and the entire application stack, a company uses services from multiple service providers.

Multi-cloud deployments have a variety of applications. Multiple IaaS (Infrastructure-as-a-Service) providers can be used in a multi-cloud deployment, or a single vendor can provide IaaS, PaaS (Platform-as-a-Service), and SaaS (Software-as-a-Service) services. Multi-cloud can be used solely for redundancy and system backup, or it might include many cloud vendors for various services.

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Email Migration- Essential Questions to Ask Before Migrating Email

If you plan to migrate emails to an email client from your on-premises system, you are on a right track to secure email management. You can solve many difficulties, such as improving security and integrating your software stack in your organization by switching to a new email client. However, the bigger and more sophisticated your company is, the more moving components you will need to consider.

Many executives have concerns about email migration, such as whether their data will be secure, how long it will take, and whether they have to go offline.

Before migrating to the cloud, there are a few things one needs to consider.

Let us dive into details!

What is Email Migration?

Moving your emails, contacts, and data from one email provider to another is called email migration.

Email migration helps improve the overall email environment in which the existing system works.

An example of email migration is migrating emails from Office 365 to Exchange.

The migration of data and emails is relatively simple if you have only a few accounts in your organization. However, it is complicated if there are terabytes of data, hundreds of email accounts, and multiple software. But, every problem comes with a solution.

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A Good Strategy – To Scale up your Business

 Data has become an invaluable asset for businesses of any type and size or industry. To put this data to use and yield value for a business, requires developing a Data Strategy. Businesses across the globe invest heavily in gathering, analyzing, organizing data, and churning it for multiple uses, which can be quite challenging. Developing a Data Strategy assists organizations to utilize the data extensively without compromising on resources.

Organized data gives clarity to making important decisions and other strategic actions for the business. Since Data has become a precious resource, security becomes the highest priority. As more and more businesses are shifting towards digital transformation, staying on par with business trends is essential while also protecting the business data from hacking and cyber-attacks is equally crucial.

To Implement a Data Strategy

Importance of Data Strategy – Why your business needs a (modernized) data strategy?

• Un-organized and steady moving organizational processes
• Un-structured and duplicated data with quality issues
• Capability issue to analyze business workings to churn the data for the right use
• Unable to identify the business’s growing needs and market trends
• Lack of clarity in terms of segregating the data at hand
• Work repetition and errors waste resource time

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A Guide to Cloud Storage and The Best Cloud Storage for You

Do you know that you can store data in your device without it actually being there? You certainly can with the help of cloud storage! 

Storing data on your devices (computers, laptops, and smartphones) may slow down your system and lower its performance. You can save your data on external devices, but what if the devices fall short or get corrupt? Storing data on an external device is even worse than poor device performance.

The ultimate solution to keep your data safe and handy is cloud storage. Cloud storage offers reliability, security, scalability, and affordability for your data.

What is Cloud Storage?

Cloud storage is a storage type offering space for your data on the remote server that can be accessed via devices with internet connectivity. Users typically pay a monthly or per-consumption cost for the data to be handled, maintained, and backed up remotely.

Cloud storage uses enormous computer servers housed in data centers that physically store data and make it accessible to customers via the internet. Users can upload, save, and retrieve data from their computers globally. You no longer need to buy servers, external hard drives, or memory sticks to move your data from one location to another because of the cloud.

An enterprise can access scalable storage resources provided by cloud storage through a highly virtualized, multi-tenant platform that can be dynamically provisioned as needed.

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Applications & Benefits of AI in Banking

AI is a technology that has impacted every industry vertical including the banking and finance sector. AI in banking reduces expenses by boosting productivity and making the decision process fast, and accurate. According to a report by Business Insider, almost 80%of banks are aware of the potential benefits of AI in the banking sector. It also says that by 2023, banks are estimated to save roughly $447 billion by deploying AI applications. The applications of AI in banking are many and so does the benefits of AI in banking.  Let’s take a look at some of them.

Applications of AI in Banking and Finance

Initially, AI was majorly used for increasing operational efficiency. This has changed post-pandemic where AI is used for automating processes and deriving insights. Here are the 8 major applications of AI in banking.

Cybersecurity & Fraud Detection

AI along with machine learning is capable of easily identifying fraudulent activities and alerting customers and banks. In 2019, the financial sector was the most targeted industry for cyberattacks accounting for 29% of the total. AI can be a game-changer in the finance sector to stop cyberattacks. 

AI Chatbots

By combining chatbots with banking apps, the banks will be available for the customers round the clock 24*7. Chatbots’ capability to comprehend customer behavior helps in offering personalized customer support and recommending the right financial services and products accordingly.

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13 Benefits of Cloud Computing for Your Business

Cloud computing has been one of the most revolutionary trends in the tech world. Being a key player in the digital transformation of all the business verticals, it has earned widespread use over the last few years. According to Gartner’s report, the global spending on cloud services is predicted to surpass $482 billion in 2022, up from $313 billion in 2020 due to the many benefits of cloud computing for businesses.

With data dominating business success in the 21st century, it has become challenging for organizations to store, maintain, and secure their critical information and systems up and running on an in-house IT infrastructure. The solution to all this is migrating to Cloud computing. Cloud computing is a method of delivering a computing environment encompassing servers, storage space, databases, networking, software over the internet.

Though tech giant Dell’s study says companies that have invested in big data, cloud, mobility, and security have experienced 53% faster revenue growth than their competitors, many organizations are still unsure about migrating to cloud-computing solutions for their organizations. So, we’d want you to read these key benefits of cloud computing for businesses.

13 Benefits of Cloud Computing for Businesses

1. Cost Savings

Cloud computing is likely the most cost-efficient method to use, maintain, and upgrade your IT infrastructure. Additionally, the subscription-based model of cloud computing cut down on capital expenditure.

According to Multisoft, mid-size businesses find that using third-party cloud platforms resulted proved to be 40% more cost-effective than maintaining an in-house system.

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Best Data Recovery Solutions and Services 2022

If ever you are dealing with electronic devices or servers, you may experience data loss and if not, thank god! Possibly your cellphone, laptop, computer, pen drive, or server carrying information just suddenly lost the data due to some mishap, leaving you clueless. If that ever happens, here is a solution you can follow for data recovery.

There are free and paid data recovery software and tools available in the market that helps you recover the deleted data from devices or servers.

Data loss is undoubtedly a nerve-racking experience, be it because of hardware or software.

Organizations these days store all the vital information on cloud servers or hard drives. Saving data certainly reduces the risk of permanent data loss if an accident happens. 

You can read: How needy are your servers for Backups

If you consider the following graph, it is clear that the percentage of data loss and leakage is the highest amongst other security issues.

Source: Statista

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

How does Data Loss Happen?

Data loss may occur due to multiple reasons, including human error, software or hardware failure, virus attacks, power failure, etc.

What is Data Recovery?

Data recovery is a process that deals with acquiring the information stored on storage devices that is either deleted, lost or inaccessible. Data recovery only implies over the data written on the device. If you are trying to recover unwritten data, data recovery techniques may not work eventually.

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4 Benefits of Cloud Platform in the Internet of Things

What if I tell you the Internet of Things (IoT) alone does not offer many benefits? Yes, that is true to some extent. IoT is a network of billions of physical devices having processing ability, and are embedded with sensors and software. These devices collect and share a massive amount of data per second over the internet. This raw data when analyzed interprets meaningful information useful for smart decision making.

As per IDC, by 2025 there will be 41.6 billion connected IoT devices that will generate 79.4 zettabytes (ZB) of data. Storing, processing, and managing the flow of such a vast amount of data is a complex task for businesses. In such a case, the Cloud platform acts as a catalyst by providing storage space and cloud computing allows the analysis, processing, and managing of the data enabling IoT systems to work more efficiently.

4 Major Benefits of Cloud Platform in the Internet of Things

Cloud platforms and cloud computing can bring ease to your business operations and drive its growth.  Here are 4 major benefits when you switch to a cloud platform:

Scalability

One of the biggest benefits of deploying IoT systems in a cloud is scalability. Think of a situation where your organization needs to upscale the network infrastructure for IoT deployment. In the case of on-premise network infrastructure, such deployments require purchasing hardware,

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Improving Air Pollution Monitoring with IoT Sensors

Technology has given us the gift of numerous luxuries to make our lives simpler. Year on year this advanced technology introduces us to mind-blowing innovations and creations that help us improve our daily lives in several ways. The internet, GPS, smartphones, self-driving cars, among the many technology creations have shown us the possibility to achieve more. While this technology has showered us with an abundance of comfort, this has come at a cost.

One of the biggest challenges today we are facing is the decreasing air quality and its harmful effects on not just human life but the planet as well. Transportation, industries, offices, housing among others are various sources of degrading air quality. According to recent data from the World Health Organization WHO, every year over 7million premature deaths are caused due to the air quality effects.

The notoriously famous COVID-19 has surely taught us the value and importance of being able to breathe and too in the fresh air. As we speak of COVID-19, according to scientists and doctors the world can expect much worse diseases in the coming years which can be airborne and hazardous. Masks, sanitizers, social distancing are going to be there for a long time but only these won’t be enough. The best solution to make this world a better place for the coming generations is to improve the air quality and the IoT Internet of Things looks like a promising option.

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