Cloud Adoption

Sun Life Event: Spark Innovation Series- Cloud and Data Federation, Cloud & Data Federation, Data Solutions Philippines, Exist Data Solutions

Exist Software Labs discusses Cloud and Data Federation at Sun Life Global Solutions’ Spark Innovation Series

Exist Software Labs discusses Cloud and Data Federation at Sun Life Global Solutions’ Spark Innovation Series 650 486 Exist Software Labs

Cloud adoption has become increasingly essential for businesses looking to enhance their operations, improve scalability, and drive innovation. It allows organizations to leverage the power of cloud computing services to store, process, and analyze large volumes of data with ease.

On Aug 29, 2023, technology experts and IT professionals converged at the Sun Life Centre, in Bonifacio Global City, Philippines. Exist Software Labs graced Sun Life Global Solutions’ Spark Innovation Series, which discussed, for that session, Cloud & Data Federation. The Exist Team shared their insights and experiences as a technology company, focusing on the importance of Cloud and Data Federation in an organization’s Data Maturity Journey.

Cloud Adoption 3.0

In today’s digital age, the adoption of cloud technology has become increasingly important for businesses. Cloud Adoption 3.0, the next phase of cloud adoption, is an innovation where organizations are not only leveraging the power of the cloud, but also embracing data federation.

Sun Life Event: Spark Innovation Series- Cloud & Data Federation, Data Solutions Philippines, Java Developer Philippines, Cloud and Data Federation

Exist Director of Tech Services Dennis De Vera focused his presentation on the implications, benefits, and uses of Cloud Adoption; including increased flexibility, scalability, and cost-effectiveness. Cloud adoption allows companies to store and access data from anywhere in the world, enabling remote work and collaboration.

With the growing amount of data being generated by organizations, managing and analyzing this data becomes a challenge. According to De Vera, “This is where data federation comes into play. Data federation involves integrating and combining data from multiple sources or clouds into a unified view.”

Cloud and Data Federation Strategies

By adopting cloud & data federation strategies, businesses can unlock even more value from their cloud investments. They can gain deeper insights from their data by analyzing it holistically rather than in silos. This enables better decision-making, improved customer experiences, and enhanced operational efficiency.

Furthermore, cloud & data federation also provide organizations with greater control over their data governance and compliance requirements. With centralized control over access permissions and security measures across multiple clouds or sources of data, businesses can ensure regulatory compliance while maintaining high levels of security.

Implement Cloud Adoption and Data Federation to leverage on your cloud investments now

What part does security play?

Whilst cloud & data federation integrate resources across multiple platforms and servers, it also introduces potential vulnerabilities that must be addressed to maintain a secure environment. Protecting secure assets, such as sensitive customer information or proprietary business data, requires strong access controls, encryption mechanisms, and authentication protocols. 

Regular audits are crucial for maintaining security within a federated environment and identifying potential weaknesses or compliance gaps. By examining security controls across different platforms and servers, organizations can proactively address vulnerabilities before they are exploited by malicious actors.

Security plays an integral part in the Cloud & Data Federation. By implementing robust encryption measures, conducting regular audits, and enforcing strict access controls, organizations can protect their valuable assets while leveraging the benefits of federated environments effectively.

Know more about what cloud adoption and data federation can do, specific to your organization

Don’t know where to start with cloud adoption? Exist is a multi-awarded technology innovator that provides free technical consultation to help you jumpstart your cloud adoption, cloud federation, and data maturity journey. Discuss with our experts to maximize the benefits of digital transformation today.

catalyzing digital Transformation: Exist Software Labs Participates in Sun Life Global Solutions' Spark Innovation Series on Cloud & Data Federation

Catalyzing Digital Transformation: Exist Software Labs participates in Sun Life Global Solutions’ Spark Innovation Series 2023 on Cloud & Data Federation

Catalyzing Digital Transformation: Exist Software Labs participates in Sun Life Global Solutions’ Spark Innovation Series 2023 on Cloud & Data Federation 1300 972 Exist Software Labs

In photo (L-R): Event host Associate Director – Business Development  Yvette Seno, Engineering Manager Joseph Dindo Siasoco, Head of Portfolio Management Ada Mae David (Sun Life Global Solutions), Exist Director of Technical Services Dennis de Vera, Exist Vice President of Technology Jonas Lim, Exist President Michael Lim and Event host and Senior Project Manager Kiko Angeles

At Bonifacio Global Center on August 29, 2023, Sun Life Global Solutions held another edition of Spark Innovation Series, with the session focusing on Cloud and Data Federation. With an objective of updating their employees on the latest innovations in Cloud technology in the Financial Industry, Sun Life invited technology innovator Exist Software Labs (Exist) to discuss cloud data federation and data modernization.

Kiko Angeles and Yvette Seno opened the program as masters of ceremonies from Sun Life Global Solutions. Exist representatives Michael Lim, Jonas Lim, and Dennis De Vera, Jr. graced the event.

Exist’s journey towards Cloud Adoption and Data Federation

Exist President Michael Lim started the discussion at Sun Life event by providing valuable insights into Exist’s journey as a technology company. He presented the significant milestones of Exist Software Labs over the past 22 years, which inevitably touched on the brief history of cloud adoption. Dennis de Vera, Exist Director of Technical Services, supplemented this conversation highlighting the transition from traditional infrastructure to cloud services, and the subsequent innovations in infrastructure and data.

 

Dennis, in his presentation, provided an overview of Exist’s history of cloud adoption. Figures 1 to 3 above served as visual milestones, illustrating the transformation as regards cloud adoption. In Figure 1, Dennis described the initial stages of cloud adoption, where Exist began its journey by moving applications and databases to the cloud. This marked Exist’s crucial shift from traditional on-premise infrastructure to the cloud, a decision that would prove to be helpful not only to Exist, but to other organizations as well.

The move to cloud services was not merely a change in infrastructure but a strategic pivot that enabled Exist Software Labs to tap into the vast potential of cloud computing. Cloud services provided scalability, flexibility, and cost-efficiency, allowing the company to expand its offerings and deliver value to clients in innovative ways.

As Dennis explained under Figure 2, applications were broken down into specific cloud services, which not only optimized performance but also enhanced security and resource allocation. This granular approach to cloud utilization empowered Exist to offer clients more tailored solutions, aligning with their specific needs and requirements.

Exploring the Pros and Cons of Cloud Adoption

Dennis’ insightful discussion on cloud adoption stages and their associated pros and cons highlighted the evolving nature of cloud technology. While each stage offered distinct advantages and challenges, cloud adoption Figure 3, marked by innovation in infrastructure and data management, serves as the solution to address the shortcomings of earlier stages.

As organizations continue to embrace the cloud, they must recognize the need for ongoing innovation to optimize their operations fully. By investing in cutting-edge technologies and data management strategies, they can harness the true potential of cloud adoption while minimizing its drawbacks. In this dynamic technological landscape, innovation is not just a choice but a necessity for organizations seeking to thrive in the cloud-centric future.

Benefits of Embracing Cloud and Data Federation

Exist’s Vice President for Technology Jonas Lim presented the benefits of Cloud Data Federation – including enhanced collaboration, efficiency, and decision-making. Implementing this approach provides a centralized data view, leading to informed decisions and increased competitiveness for businesses.

Data/Database Modernization: The Key to Business Excellence

Dennis and Jonas also highlighted the potential for data management to speed up innovation and growth, as they explained the significance of adapting to evolving data landscapes and leveraging modern technologies.

The Citadel of Security: Safeguarding Data Heritage

With the fast modernization of data, security became a crucial point of discussion, with a focus on protecting sensitive data. Dennis enlightened Sun Life Spark Innovation Series’ attendees about comprehensive security measures and compliance frameworks by simplifying security and making it more effective.

Dennis also explained the importance of “zero trust policy” by protecting assets anywhere with central policy. Implementing this approach provides a centralized data view, leading to informed decisions and increased competitiveness for businesses.

Moving Forward – Sun Life Spark Innovation Series Takeaways

The discussion at Sun Life Spark Innovation Series came to a close with the floor being opened to the audience for questions. Attendees left with a key takeaway: that as the world continues to evolve and as the need for new technologies increase, Exist marches on, providing solutions to help its customers thrive – demonstrating its continued commitment to drive growth and innovation for the years to come.