cool hit counter View the cloud migration journey through the lens of data ownership_Intefrankly

View the cloud migration journey through the lens of data ownership

The transition of business to the cloud offers tremendous opportunities for global enterprises. The rapid growth of high-value services such as artificial intelligence, data analytics, blockchain, and the Internet of Things (IoT) is enabling businesses to gain transformative insights from data in ways never before possible.

Many enterprises are rapidly adopting public clouds to help them manage, connect and optimize their workloads. However, with more data comes greater responsibility. Concerns about data residency, security and personal data protection have been high, especially as companies meet regulatory and compliance requirements such as HIPAA, GxP, QMS and the EU's upcoming General Data Protection Regulation (GDPR).

All organizations that collect, store, manage or process data have a responsibility, and in most cases a legal requirement, to be accountable for processing the data. In fact, research commissioned by IBM and conducted by Vanson Bourne shows that nearly half (47%) of respondents in the UK, France and Germany say they know which data protection measures their cloud provider offers are critical.

Businesses need to be prepared for GDPR compliance

Companies face a complex and changing regulatory and compliance landscape, which will vary by industry and country. However, the upcoming General Data Protection Regulation (GDPR) is a top priority for many businesses around the world and needs to be prepared for quickly.

The GDPR is a regulatory framework affecting companies inside and outside the EU that requires companies to protect the personal data and privacy of EU citizens whose transactions occur within EU member states. GDPR is coming soon, with an implementation date of 25 May 2018 for its framework.

What's more, there are some serious consequences if companies don't properly comply with GDPR. For example, some of the largest fines for businesses that fail to comply with the GDPR could be as high as €20 million, or 4% of their annual global turnover, whichever is higher.

Adopt a hybrid cloud approach

While this may present challenges, businesses that take strategic steps towards GDPR and compliance readiness will have the opportunity to gain better customer trust. In fact, adopting cloud computing is a way for businesses to succeed, not a barrier.

The hybrid cloud model is a good time for enterprises to transition to the public cloud and prepare for GDPR. Factors such as geographic location, compliance, skill sets, and available infrastructure are key considerations when implementing a cloud computing strategy, and as a result, it has become commonplace to use a combination of public and private clouds.

One of the most important considerations is to strategically determine where the data should exist. Many organizations have invested billions of dollars in infrastructure, applications and data, so it's critical to take a holistic view of your cloud strategy.

By relying on a cloud platform with a single integrated architecture, enterprises can use a private cloud for holding and processing their most sensitive data, and a robust and secure public cloud for economies of scale and hybrid capabilities to connect and unify all cloud computing, data, services and applications.

Unified data governance

Another important consideration for companies as they address regulatory and compliance challenges is data governance. It is entirely possible for organizations to continue to leverage the innovative potential of higher-order cloud services such as analytics or artificial intelligence while still meeting regulatory and compliance requirements. The solution to achieving this balance is to adopt a unified governance strategy that provides the enterprise with a single approach to managing data, regardless of where it is located. This approach helps customers understand the key characteristics, application rules and policies of their information assets and can create a single trusted view of individuals and entities and manage data without regard to whether their data resides in business-critical systems, private clouds behind firewalls, public cloud platforms or hybrid cloud environments.

What's interesting is that,GDPR is actually becoming a catalyst for better data management and governance。 As the volume of data grows, adopt Unified data governance Methods will help organizations discover data and track its sources。 Enterprises must also have controlled access to datasets, Make the location of the data、 Where and for what to use the data、 The data is isolated to ensure that it is not mixed。

The way forward

now, Enterprises cannot look at the development and application phases of cloud computing in isolation, Or, strictly speaking, no longer see it as a cost-saving move, They aspire to cloud computing as an innovative platform。 Even in the face of complex regulatory and compliance requirements( such as comingGDPR), Businesses can also pass through the public cloud、 Maximize investment and adoption in private and hybrid cloud deployments Unified data governance tactics, Unleash new value from your data。

In any industry there are some data regulations that can make things can get complicated. While organizations may be under a lot of pressure due to concerns about breaches, rest assured that cloud computing can help businesses create and grow the agility, security and economies of scale needed in a data-driven economy. Translated by HERO

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(Source: EnterpriseNet D1Net)

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