Best Cloud Storage for Banks
Cloud Storage service is getting very popular these days. It has been a hit not only among individual home users but also among many big firms and companies that are using the cloud storage services for their daily office work. To tell you how fast the popularity of this service is increasing, let us share a few stats with you. In 2012 public cloud storage market earned over $111 billion while according to a survey in 2013 it will exceed $131 billion. Keeping in view the growth of internet technologies and need to store and manage data online, it can be assumed that the actual sales will far exceed the predicted number.
Cloud Storage Service for Banks:
In recent times, it has been observed that banks all around the world also trying to implement cloud storage services in their routine work. Initially it was hard for banks to adapt this new technology due to the security problems that might be involved. However, now the scenario has changed and improvement in security mechanisms and algorithms has led the banks to become a major client of the cloud storage market.
Cloud Storage made more Secure for Banks:
Necessary steps are being taken by most cloud storage service providers to make their services perfectly safe for sensitive data of banks. This is being done by making heavy investments in the identity and access management systems. That is making more and more banks comfortable in adapting this new technology. For less sensitive data like office memos, lists and shared documents, some of the banks are even using free cloud services. These free but competent cloud storage service providers include Amazon, Google and Microsoft.
Implementation of Cloud Storage on Test Basis:
Initially the cloud storage service were only used as test beds by most banks but now proper implementation of this technology is underway in most banks. This also saves the cost of establishing high end data centers that have to be taken care of. Data centers of banks are smaller and in turn more secure. In the next few years, the implementation process will be completed and bank’s employees as well as customers will be able to take full benefit of this service.
Benefit of Cloud Storage:
When the data of banks is completely transferred to the clouds, it will provide a great convenience to the bank’s clients as well as the bankers themselves. Some people might be worried about the security but before implementing this technology completely into their systems, banks will ensure all the safeguards are taken under consideration. It will enable fast access of data from any location and the banking procedures will become smoother.
Best 10 Cloud Storage Service Providers for Banks:
It is of utmost importance that only a top quality cloud storage service with high security be used in banks. Here is a list of some of the best Cloud Storage services providers that are highly recommended by us for the banks: