The question is – are you relying on outdated technology at your mortgage company?
Technology is always on the move. If you don’t pay attention, it can quickly get away from you. How long has it been since you updated your IT, and took advantage of new advances in business technology?
Don’t miss out on the most significant developments in IT available to your mortgage company
Are You Holding Out On The Cloud?
While skepticism of new technology is initially a valid reaction, the fact is that the cloud has been around long enough to mitigate many of the original concerns.
That said, common misconceptions still remain:
- You Won’t Lose Control Over Your Data. With the right cloud partner, you don’t have to worry about losing governance of your data. You retain total control over your data while offloading the burden of internal maintenance. Moving to the cloud means you no longer have to handle ongoing upgrades and maintenance because it’s taken care of for you, freeing up your internal IT team to focus on optimizing your technology and other more important tasks. You retain total control over your data and technology, without the usual hassles that come with it.
- Cloud Storage Can Be Just As Safe As Onsite Storage. With a presumed lack of control comes a presumed lack of security. Again, this might be true on the wrong cloud platform, with the wrong service provider, but who you choose is up to you. The fact is, the cloud is often more secure than your internal setup, featuring a range of powerful security measures and reliable backups to make sure that the work you do is kept private from intruders and safe from onsite emergencies.All of this depends on who you trust to maintain your cloud. Security and guaranteed uptime are foundational benefits of many cloud services and can be enhanced with the support of superior cloud solution providers.
- Using The Cloud Means Dealing With More Outages. The misconception is that because the cloud delivers data via a remote connection, everything is dependent on that connection, making it inherently risky. In reality, thanks to the distributed, virtual, and redundant nature of a public cloud environment, the enterprise-wide risk is much lower. Your local server is subject to local power outages, fire and water damage, easy access for bad actors and many other types of physical risk – these isolated events don’t affect a widely distributed cloud architecture. The cloud is developed in such a way that it is better prepared to deal with minor outages, which would otherwise knock a local server offline.
What Will The Cloud Do For You?
You can increase collaboration and simplify management by hosting your data and applications through the cloud – again, prioritizing security in line with the access given to staff members. It shouldn’t have to be said at this point, but just in case you’re still in the past – get rid of your on-site hardware.
Before the cloud, onsite servers were a must for any business that wanted to succeed, but no longer. Today, you don’t need to purchase, install and maintain onsite servers- with the cloud, you outsource it all to a data center instead.
By choosing a cloud solution instead of conventional infrastructure, you will enjoy all the benefits of an up to date and optimized IT infrastructure, without having to pay more than your monthly service fee.
This is so basic in today’s modern business world that to continue purchasing and maintaining costly onsite hardware is essentially fiscal negligence.
There are a variety of reasons why you may decide to hold off on making a major upgrade to your technology, such as the cost and hassle. However, avoiding the issue for too long will do more harm than good, and will affect your productivity, security, and ability to get work done.
Unsure what steps to take next?
Contact our team of experts at Alliance Technology Partners today to get your mortgage company updated and running more securely in the cloud.