On Demand Compute

In the past few years, financial market leaders have increasingly recognised that the cloud is the answer to storing data in remote locations and accessing advanced software applications from anywhere in the world via an internet connection — all without having a physical presence.

The cloud is a new computing paradigm that has the potential to change how financial services firms, enterprises, and institutions operate.

Financial businesses are embracing the cloud for its operational resiliency, productivity increases and regulatory compliance.

By moving to a more modern approach with agile methodologies that allows them to enhance their business model innovation capabilities, this sector will be able to meet current demands and prepare themselves in anticipation of future ones using on demand cloud computing.

On demand computing using the cloud can help your organisation with operational resiliency by allowing you more time for innovation. It also enables regulatory compliance because data is stored locally instead of onsite or elsewhere in case something goes wrong.

Move your finance company to the cloud for a more modern, agile work environment that lets you focus on what really matters. Beeks Group offers on demand virtual servers and dedicated compute. Our secure, state-of-art solutions are designed and built by industry experts.

Types of On-Demand Computing

Software-as-a-Service (SaaS)

Software as a Service (SaaS) is a cloud computing software that gets hosted in the cloud to offer greater efficiency. SaaS can be accessed via a web browser, a dedicated desktop client, or managed via an API that is integrated with your mobile or desktop operating system. Apart from general cloud computing benefits, SaaS also offers automatic upgrades and protection from data loss.

Infrastructure-as-a-Service (IaaS)

IaaS offers on-demand computing access to cloud computing resources. This includes networking, storage, and physical & virtual compute servers. It is perfect for the scaling and management of resources and can reduce capital expenditure. IaaS reduces workloads and offers scalability when using cloud computing resources, as opposed to SaaS and PaaS.

Platform-as-a-Service (PaaS)

PaaS offers on-demand computing at the reliable hands of our experts and provides a bespoke platform, including hardware and infrastructure. It comes at a low cost, is simple to understand, and is flexible for maintaining platforms on-premises.

Benefits of Cloud Computing

With the promise of improved system performance using minimal computing resources through a cloud service provider, capital markets and financial enterprises are experiencing the full benefits of on demand cloud computing.

Together with managed cloud solutions that offer connectivity to private cloud and public cloud services, cloud computing and cloud based services give you access to on-demand computing and dedicated hardware built for the financial industry.

The Beeks cloud computing model is designed to improve business agility, speed, and security. It is also charged on a consumption-based basis and doesn’t require any upfront capital costs.

Costs

The costs of buying and setting up physical hardware and software at data centres can be a major obstacle for businesses, especially those just starting out. A cloud computing model eliminates these initial expenses because it can be done remotely and tailored to your requirements, budget, and usage.

Beeks Group provides on demand computing services that are charged on a consumption-based model, which means you only pay for the cloud services and cloud infrastructure you use.

Performance

On demand computing helps businesses fulfil their ever-growing needs for processing power.

With just a few clicks, you can have an infinite amount of resources at your fingertips. Cloud computing services give your business the resources it needs when and where you need them.

When you need a high performance operating system and infrastructure that can access major cloud applications and be available when you need it, working at optimal efficiency, on demand computing offers the performance your operations need.

Reliability

With a disaster hitting, it is important to have your data backed up and safe. The cloud is a great way to back up your company’s data and make sure you have it when needed.

Cloud computing makes this process much easier by providing mirrors of all that information across different sites within a network so you never lose anything valuable.

There’s also no need for expensive disaster recovery plans or complicated procedures if something goes wrong with one site.