| | November 20148CIOReviewBusiness Leaders Should Be Selective About the Problems UndertakenThe whole industry is aware of Cloud, and majority of the industry players have gone through the process of figuring out what this technology means for their business. Talking about implementation of cloud, organizations used to be dependent on in-house software and services as well as run them either on a co-location provider or a public cloud provider, such as Microsoft Azure. However, such a scenario has turned a thing of the past.I am a firm believer of the power in cloud computing. Also, Advent has been excited about leveraging the elastic utility computing enabled by the cloud. Our clients, mainly belonging to the Investment Management realm, face significant data-intensive challenges such as daily reconciliation of trading activity against counter parties or quickly cross-referencing data mined from numerous research reports, and many others. These tasks require hi-end computer power; however, end up being a periodical activity. Often, such tasks are taken care of weekly, or monthly. Since, this being a peak load problem, there is significant reliance on Cloud as a practical solution. In the foreseeable future, we would be providing our clients with an opportunity to rely on someone else to run their infrastructure, by giving them a scalable and efficient methodology to take advantage of peak load processing. The end-result of the process is that we would be able to `answer the questions even before they are asked'.Balancing Productivity and SecurityIn this connected world, I find that it is a constant challenge to ensure maximization of productivity. Mobiles have become more than common as tools that enable people to carry out office work, anywhere. It is imperative to constantly balance the desire for mobility with the IP policies and data security rules that firms are supposed OpinionBy Todd Gottula, CTO, Advent softwareTodd GottulaAdvent Software (NASDAQ: ADVS), based in San Francisco, CA, develops portfolio management and accounting systems. The firm has a market cap of $1.63 billion.
< Page 7 | Page 9 >