It can’t have been that many years ago that any of us heard about this mystical cloud for the first time. However, it’s now hardly an exaggeration to say our lives are on the cloud – iCloud, Netflix, eBooks, email providers and Spotify to name a few that might not immediately have sprung to mind. In fact, Deloitte’s Global Venture Capital Confidence Survey from late 2015 confirmed that cloud computing was the strongest technology investment sector for a third year in a row.
The sudden ubiquity of cloud-based offerings is undeniable; there was an enormous 61% rise in UK adoption rates between 2010 and 2015 and Alex Hilton of the Cloud Industry Forum even predicted that “90% of all businesses in the UK [would] be using at least one cloud service by the end of 2015”, anecdotal evidence suggests this has been achieved and possibly even surpassed.
Cloud technology is a very large part of our business. Amongst other things, it makes possible the multi-user functionality that is one of the cornerstones to our success. It’s an incredibly valuable tool for reasons we’re all aware of: ease of collaboration, flexibility, ability to scale up easily and economically and many more.
However, one of the biggest concerns regarding the cloud is security. The 2014 American comedy film ‘Sex Tape’ did very little to stop the danger being entrenched in public consciousness; Jason Segel bellowing “NOBODY UNDERSTANDS THE CLOUD” is particularly memorable but never fear, we at Synapse understand it very well indeed.
In fact, we’re very confident about the security of our customer’s data. Our service is hosted through Amazon so in terms of cyber-attack, if you wanted to get through us you’d have to go through them – and it should be noted that one reason we chose them is because they’re tough as nails. They have created a “data center and network architecture built to satisfy the requirements of the most security-sensitive organizations” – from the physical and environmental security of their data centres to the infrastructure and everything in between.
In terms of inter-company security breaches, individual log-ins and passwords mean that each employee can only see or edit exactly what they have been given permission to, for example using our Cloud CFO product, a Group CFO would be able to see all the accounts of all the subsidiaries as well as the group overall performance in a spreadsheet whereas a local FD might only be permitted to see the relevant information for their company, with some rows and columns of irrelevant data hidden.
Whilst we know we can protect your data, some companies have very strict rules about where their sensitive information can be stored. For example, we work with a leading UK bank that requires that their data is held on a secure local server and that’s something we can easily accommodate.
If security concerns have been holding you back, I hope this has put your mind at rest. Get in touch here and we’ll see if we can work some Synapse magic on your spreadsheets.