As we move into 2013, we can expect an increase in cloud computing adoption by the mid-tier segment as the Singapore government recently rolled out more comprehensive and specific initiatives for small and medium enterprises (SMEs). These initiatives have been specifically introduced to make it easier for SMEs who are implementing ICT projects for the first time.
The cloud landscape in 2012 was defined by a healthy adoption of cloud computing for organisations to align their operations and drive operational efficiencies. In 2013, however, we expect factors such as the consumerisation of IT and Bring Your Own Device (BYOD) to fuel the demand for more responsive technologies and drive the continuing demand for virtualisation and cloud-based services.
Additionally, the information growth of both structured and unstructured data will accelerate the transformation to hybrid cloud environments, and the need to move data between corporate IT data centres and service providers.
An example would be the Barclays Premier League side Fulham Football Club when they needed to implement a security surveillance system. We worked with Fulham Football Club to implement a private cloud based on EMC unified storage with VMware virtualisation and cloud infrastructure technologies.
The immediate key benefit was scaling down of the Fulham's 36 servers to just six servers, which helped save vital floor space and lower operational expenses. More importantly, having the storage system in a cloud environment signifies that the security team can access surveillance footage from any cameras they choose on almost any mobile device, which allows the security team to constantly review the security of the stadium and training ground, both on-site and off-site, enabling them to find, retrieve, and replay incidents within minutes.
We hope to extend these benefits - primarily around operational efficiencies and lower operation costs - to organisations in the mid-tier segment as well, through continuing conversations and working hand in hand with them to fully tap on cloud computing to grow their business.
We will continue to develop and enhance our offerings by integrating a Big Data focus to our risk management solutions, thereby allowing organisations to remain one step ahead of the cyber criminals in an IT landscape challenged by the proliferation of advanced persistent threats (APTs).
Hackers are more likely to get even more sophisticated, with perimeter-driven security models becoming increasingly inadequate - and these changes will happen regardless of whether organisations are ready or prepared. Governments will also continue their struggle in legislating on rules of evidence, information sharing and reforming privacy laws.
On a brighter note, we expect greater pressure to be exerted by the public for a stronger impetus for the various industries to protecting customer data. Specific to the financial services industry (FSI), we foresee the implementation of data protection technology to mitigate risks and observe regulatory compliance, following the Monetary Authority of Singapore's recent update to its technology risk management guidelines.
Sign up for CIO Asia eNewsletters.