Fintech – Choosing a Cloud Services Provider Harvard Case Solution & Analysis

Fintech - Choosing a Cloud Services Provider Case Study Help

Recommendation

Amazon web service is deemed to be the best financial decision with $1638 total cost a month for Fintech requirements. Despite being inexpensive / month, AWS offers storage space, competitive services, & computational power when compared to other providers. It has the added benefit of only billing for used services used and having no long-term contracts as opposed to a flat rate. Additionally, it offers security features in largest amount that are slightly higher than Microsoft and Google. Also, AWS offers technical support which is focused on developer (for future needs).It would help in achieving goals of Kwo i.e. minimize cloud computing risk and strengthen customer relationship. For this reason, AWS receives the highest score in this categoryof a 4.For these reasons, AWS receives the highest score among another cloud service provider.

Appendix A – Summary of Case Use

Training & system administration support would be the most important feature to be applied to evaluate the performance of the cloud service providers in which it is identified that what training and system administration support is offered by each provider. In addition, the performance if the provider would be measured on the basis of offering data storage, native compatibility, multiple programing languages, scalability and security features.

Appendix C - Hardware that Cloud Implementation of the Use Case would displace

In the data center, various hardware are required such as; IPSEC VPN firewall RDP, SMT, HTTPS gateway, cable router, BT ADSL, Router (dynamic IP) and VPN remote access firewall hardware whereas cloud computing refers to the delivery of the computing services which includes intelligence, analytics, networking software, databases, storage and servers.

The hardware that the cloud computation of the use case would displace includes cable router, BT ADSL, Router (dynamic IP), VPN remote access firewall hardware and IPSEC VPN firewall RDP, SMT, HTTPS gateway.

The cloud computing in comparison to the datacenter tend to reduceomit the capital expenditure of purchasing hardware & running and setting up on-site datacenters. It also removes the requirementformany task due to which the IT team could spend time on achieving the organizationalgoalsand objectives(Golden, 2010).

Appendix D – Additional Benefits

1. The company would be able to rent the cloud service despite of making huge amount of investment in software and computers.
2. The cloud computing would allow the company to transfer the work related to the updating infrastructure and assuring high reliability to the cloud service provider who are able to capitalize on their scale and extensive expertise& expertise.
3. The auto scaling would help the company to maintain availability of application and also allow to automatically scale the provider’ capacity up and down in accordance with the usage patterns of customers.
4. The company would be able to develop the virtual banking platform that tend to meet the PCI data security standard (DSS) compliance through leveraging architectures from the cloud complianceof the cloudservice provider.

Appendix E – Requirements that Cloud Provider Meet to be suitable for Fintech’s Planned Migration to Cloud

1. One click regulation: the cloud service provider should automate processes & let Fintech focuses on customer services and core value proposition rather than managing IT infrastructure
2. Safe and seamless transaction data backups: the cloud service provider should offer fault tolerance and highly secure backups so that the company would not need to worry about provisioning cycles of datacenter and long procurement for the backups
3. Scaling and performance: the cloud service provider should offerauto-scaling feature that tend to ensures consistent performance even during the surge time period.
4. 24 hours a day, 7 days a week availability: the cloud service provider should allow the company to be available 24/7 to ensure that the customer of the company could access services anytime and anywhere.
5. Supports DevOps Culture: the cloud service provider should provide ready to use complete tool chain to providebuilt in support for the DevOps culture.

 Appendix F – Weighted Analysis

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