Outsourcing and Moving to the Cloud
Migrating to the Cloud facilitates future growth and allows organizations to better align business operations with future market demands.
LRS solutions have been successfully hosted in the Cloud for years, albeit in private Cloud environments. This is a popular arrangement for financial services providers, as a private Cloud is exclusively used by that organization. This provides the level of control that is required within this sector.
With the rise of ITOs in the financial services sector, LRS software has become part of a solution set commonly deployed from the Cloud and managed by an external party. This can be a private Cloud structure, giving the customer sole use and full control over data in the environment.
Though Amazon Web Services and Microsoft Azure are best known for their public Cloud offerings, they do indeed support a private Cloud or a hybrid approach that combines public and private. This private-public Cloud combination may be appealing to finance and banking customers in the future, with business critical applications running on the private Cloud while workplace related processes use the public Cloud. It could be an alternative way to secure data and improve IT efficiency for those in finance and banking.
If you are looking for Cloud Hosted Print Management take a look at our LRS Enterprise Cloud Printing