The promise of Cloud Computing is to free organizations from the need to buy and maintain their own hardware and software infrastructure. This simple idea incorporates a complex process that must be aligned with your corporate strategic directions, competitive landscape, and existing capabilities.
Selecting the appropriate Cloud Computing model in order to balance risks and benefits is a challenge that requires in depth analysis. New models are continuously emerging with a vareity of delivery and deployment models.
Currently, Cloud Computing spans three delivery models: Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS). Also, implementation of Cloud Computing spans three deployment models: Public Cloud, Private Cloud, and Hybrid Cloud.
TradeMerit helps our clients design and implement Cloud Computing strategy that ensures strong risk management with long-lasting results in a rapidly changing cloud offering. We offer a holistic Governance, Risk, and Compliance discipline and tools that promote business effectiveness and efficiency while striving for innovation, flexibility and integration with technology. In doing so, we focus on:
Policy and organizational risks
Includes risk related to lock-in, loss of governance, compliance challenges, loss of business reputation, and cloud service termination or failure.
Includes risk related to availability of service, resource exhaustion, intercepting data in transit, data transfer bottlenecks, and distributed denial of service.
Includes risk related to subpoena and e-discovery, changes of jurisdiction, data privacy, and licensing.