The Best Investments for Cloud Computing
Our recommendations for cloud computing investments include human resource components, initiatives, tools and applications that are deemed as suitable solutions for addressing the complexity of various laws that govern cloud computing. That way, an entity can move its operations under the clouds, without compromising the privacy of its customers' information as well as ensure the security and integrity of its business data.
1. Chief Information Officer - This person will act as the overseer of a business operation that makes use of cloud computing systems, which deploy business information and transactions outside of the company's internal computer structure . His concerns include harnessing the benefits of using network-based tools and applications in a way that will bring the company more business opportunities, cost-efficiently, securely and safely.
2. IT Compliance Officer - This individual will be tasked to monitor compliance in all related policies, laws, and recommended procedures, by reviewing the results of the transactions and by submitting relevant reports, directly to the Chief Information Officer. Said reports will serve as bases for decisions regarding other initiatives, or procurements or determining the network service provider's efficiency in keeping the integrity of their infrastructure and applications intact.
3. Training Initiatives for IT Staff Members - Conduct workshops, orientations and seminars involving the organizational components that will provide customer support or perform as members of the IT Compliance Group, regarding all procedures, processes and systems put in place to meet the mandatory regulations, industry standards / requirements and internal policies of the company.
Broadening the knowledge of the support staff ensures comprehensive understanding about the standards set forth by the following organizations but are not limited to:
- The NIST - The organization responsible for developing the guidelines implemented by the Federal Information Security Management Act (FISMA) to institute the privacy and security measures that are observed by all federal agencies in their use of the Internet systems.
- The Control Objective of IT by the Information Systems Audit and Control Association(ISACA) for proper implementation of IT controls
- International Organization of Standards (ISO), i.e. ISO 20000 for delivery and management of IT services; ISO 27000 for IT best practices for security; and ISO 38500 a control framework for IT Governance
- Unified Compliance Framework (UCF), a unified system of IT controls from over 400 international regulatory standards and guidelines.
4. The UCF XML Documentation This is a schema of multiple individual XML lists, that could form a complex and potent source of compliance references, which allows cost-efficiency in moving data from one program to another. It reduces software development costs and shorten development cycles, as the schema allows the minimization of errors associated with data movement, increases transparency to enhance capability for electronic discovery process and for effective compliance management.
5. Business Intelligence Software - This collectively refers to a host of application solutions, which will enable the IT department to evaluate and report on IT risks. These tools help in evaluating any significant trade offs for pulling together data that has more value for the company. BI software are designed to facilitate analysis, the generation of reports, and formulation of predictions in comparison with past performances.
Please proceed to the next page where you will find more of the ten best investments for cloud computing.