COVID-19 accelerated banks’ transition to the cloud, but you should never do something just because everyone else is doing it, right? So let’s talk about some of the best reasons your credit union should embrace the cloud.
83% of organizations globally store sensitive data on the cloud. That means the cybersecurity measures that go along with cloud services have to be top-of-the-line. The coronavirus pandemic exacerbated cloud usage, but it also gave rise to new and growing cybersecurity threats.
If you trust your business data to a strong cloud system, you have the full force and wisdom that comes with that tech on your side when it comes to making sure your data is being used and stored safely.
Higher Quality Hardware, Lower Costs
Additionally, by trusting your cloud solutions to a provider with a primary focus on optimizing your cloud experience, you are not only able to free up your on-staff IT professionals to spend more time helping your team members and your credit union members, but you also have the added advantage of receiving higher quality hardware at a lower cost.
Cloud providers have a wealth of top-notch hardware and software. And unless your credit union has an unlimited source of income that you can dedicate to purchasing and setting up machines of similar caliber in-house or at an offsite location, you are gaining the benefit of that high-quality technology without having to provide the funds it takes to acquire and implement it.
If 2020 taught business leaders anything, it’s that you can’t predict what will happen in the next month or year. Because of the unprecedented changes we’ve seen recently, it’s more apparent than ever that your credit union needs strategies and solutions that are scalable, which is yet another reason to embrace the cloud.
The scalability of cloud services is one of its biggest selling points. We think the Credit Union Times says it best: “By migrating IT infrastructure to the public cloud, institutions can start with what is needed and scale accordingly, which yields greater flexibility, agility, and potential cost savings.”
You’re Already in the Cloud
Chances are, you are already using cloud services in your professional and personal life. According to Trellance, 94% of workloads will be processed by cloud data centers in 2021.
In your personal and professional life, you are likely using the cloud on a daily basis without even realizing it. If you have a smartphone, you are likely storing data in the cloud in many forms: contact information, photos and videos, apps, documents, and other files. If you access work files from your personal or company phone or tablet, that’s the cloud working for you. If you store important dates and tasks in a calendar on your phone or computer – it’s the cloud.
Cloud solutions can seem much less daunting when you think about all the ways the cloud is already helping you move through your daily routines and conquer your goals for the day.
Embrace the Cloud with IMS
The cloud-based bandwagon is one tech trend your credit union should not miss. IMS knows that good tech is the foundation for your CU to be able to provide important services and products to every one of your members. That’s why we created Private Cloud Services that are tailor-made for credit union operations and needs, so you can embrace the cloud with confidence and security.
IMS’s Private Cloud Services include:
- The premiere backup solution for credit unions
- Enterprise-grade Infrastructure-as-a-Service
- Disaster recovery solution that provides immediate access to your data, connectivity to your third-party vendors, and branch communications
- Core Hosting
- Complete virtual workspace, delivering desktops and hosted apps
- Colocation services to make sure your data is always available
Browse these and other offerings here on our website or contact us today!