Banks, credit unions, processors and other organizations that provide payment services are moving aggressively toward the cloud. While every organization will have its own cloud strategy and unique business drivers, there are many overarching benefits that every financial services company can use to its advantage:
However, reaping these benefits is not something that will happen overnight or as a “happy accident”. Because of the flexibility it offers, the cloud can actually be a highly complex ecosystem to work in. Deploying specialized appliances like ATMs into this environment requires thorough planning on multiple fronts including networking, security, and operating system management.
It is therefore critically important to work with partners who can provide the advice and guidance required for a successful implementation. Leveraging staff knowledge of virtualization techniques and ATM operating system knowledge, as well as years of experience successfully deploying virtualized ATMs into on-premise hypervisors, Paragon has developed a new approach that allows us to deploy those same proven capabilities into the cloud.
Some of the lessons learned from working closely with clients and their cloud providers include:
In order to ensure success with your cloud deployment, it is imperative to partner with a well-experienced team that has worked through multiple implementations. At Paragon, we understand how to work with your network, security, and other internal IT teams to facilitate the migration and help your organization realize the full benefits that the cloud can deliver.
Read more about migrating your ATM assets to the cloud in part one of this series.