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  • Niklas Hall

Get your head in the cloud

Updated: Feb 27, 2019

The actual meaning of "having your head in the cloud" is to be impractical, aloof, or fanciful – to the point of being unhelpful or counterproductive. But there is an entirely new cloud around and you REALLY want to get your head into this one.



Have you ever leased an asset? Like an office space, a printer/copier or perhaps a car? Any which way, the concept of leasing is going for ACCESS rather than OWNERSHIP. Moreover, leasing comes with benefits such as instant scalability and without the hassles of maintenance.


ACCESS – NOT OWNERSHIP

Ever used AirBnB? They leverage an unlimited supply of private resources. Rooms and apartments all over the world for you to access. Heard of Über? They leverage an unlimited supply of private drivers and resources to supply an alternative cab service by car sharing.


But actually, Über is just waiting for 2021 and new infrastructure regulations enabling fully autonomous vehicles on public roads in the US. By that time, Über intends to run massive fleets of fully autonomous vehicles – ready to be hailed via your smart-phone. Such services are called TaaS = Transport as a Service. With access to fleets of fully autonomous cars and multiple car-sharing services, a lot of people no longer need to own a car.



WHY CLOUD

Relying on ownership, the majority of companies rely on legacy systems: Purchased and often customized soft- and hardware solutions requiring massive up-front investments and constant maintenance. As time passes, the infrastructure relies on the ability of systems to exchange data – usually requiring further resources as systems are not always compatible.


Other issues have been related to simple matters like pc operating systems like Microsoft Windows - often leaving organizations and IT units constantly working with security and compatibility issues.


But just as is true with psychical assets, cloud computing offers organizations access to storage, computing and software resources based on the same principle of access and scalability. For software, API's (Application Programming Interfaces) ensures that the flow of data between systems is seamless.


Relying on cloud solutions offers multiple benefits (examples):

  • Agility is improved on all levels

  • Cost reductions – conversion of capital expenditures to operational expenditure.

  • Device and location independence. Access from anywhere and from any device

  • Software is always updated and requires no maintenance

  • Multitenancy enabling sharing of resources and costs across a large pool of users - centralization of infrastructure in low cost locations (real estate, electricity, etc. - peak-load capacity increase - utilization and efficiency improvements - resource pooling

  • Productivity increase as multiple users can work on the same data simultaneously

  • Reliability, business continuity and disaster recovery

  • Easy scalability and elasticity via dynamic ("on-demand") provisioning of resources

  • Security improvements (centralization of data, increased security-focused resources)


In short, cloud solutions enable organizations to focus on their core businesses instead of expending resources on computer infrastructure and maintenance and IT teams to rapidly adjust resources to meet fluctuating and unpredictable demand.


SECURITY issues – concerns about loss of control over sensitive data – remains a big issue in most organizations. But actually, the principle of resource sharing – of resource ACCESS comes into play.


Security will improve due to the centralization of data and vastly increased security-focused resources. Thus, security is often as good as, or better than it will be in traditional systems setups. In part because the service providers are able to devote resources to solving security issues that many customers cannot afford to tackle or which they lack the technical skills to address.



CLOUDS ALL AROUND

Let's see – need to access my files. Have it here on Dropbox. Here at Acumex, we use Slack instead of mails; we use Asana for projects and Google Drive for storage. All cloud solutions. All for the same reasons – ease of access, data protection and instant scalability.


Buying a computer, you no longer need a storage format (e.g. a CD) for your operating system. Not only do you just download it – it's also based on the same principles as any other application used on your smartphone which is constantly updated. Microsoft Office 365 includes access to the full Office suite. Constantly updated – pushed with regular intervals.


If you needed photo editing and printing tools a few years back, you had to get the whole Adobe package, costing you a small fortune. Now you get access to all the programs and pay a monthly fee. Just as Microsoft Office 365 it has become a SaaS – Software as a Service – solution.


In the same fashion, all your company software can be based on cloud solutions. A lot of software companies already offer cloud solutions – full on or in part. Salesforce is a great example. Most likely, your communications will rely on platform solutions like LinkedIn allowing you to push free content via a relatively free channel with great reach.



JUST ONE MORE THING

The Acumex Trade Management System is a cloud solution. An IaaS (Infrastructure as a Service), PaaS (Platform as a Service) and SaaS (Software as a Service) solution. Using API's, we ensure that data from multiple resources are pooled to ensure the best possible platform for your negotiations and trade. Finally, it relies on a Microsoft Azure platform solution ensuring that SECURITY is backed by the full resources of one the world's largest and most proficient IT organizations.


Surf’s up. Get into the cloud!



Tags

#Cloud

#CloudComputing

#LeveragedAssets

#Scale

#Infrastructure

#IaaS

#PaaS

#SaaS


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