Vertical cloud: a dream for highly regulated industries?
January 13, 2014
Grazed from TechRadar. Author: Al Parvin.
Cloud computing is being widely adopted by many businesses, however, for some organisations, one of the perceived barriers is the multitude of data regulation. Highly regulated industries such as finance and healthcare have a multitude of laws and rules governing data.
For these industries, data ownership is a highly sensitive and extremely important issue which makes implementing cloud technology complex and difficult.
For those wanting to take advantage of the benefits of cloud computing, could the answer lie in creating a vertical or community cloud. A vertical cloud would be a public cloud developed and delivered with regulations and compliance geared towards a particular sector. For example, a dedicated healthcare cloud could be created which followed the UK laws regarding patient data…
Staying compliant
For the finance sector, a cloud which specifically adhered to finance regulations would make moving to the cloud easier because it reassures businesses they’ll be compliant with the relevant industry standards in terms of use of the cloud. In addition, in terms of compliance, one compliance officer or team could support multiple companies to advise them on how to comply with finance regulations…
Read more from the source @ http://www.techradar.com/news/internet/cloud-services/vertical-cloud-a-dream-for-highly-regulated-industries–1207306