Do you need a Chief Security Officer?

Cyber security is an increasingly important topic. Whether you are in the construction, financial, legal, healthcare, education or many other industries, your data needs to be both accessible and secure. Internal and external security threats can affect your operations, earnings, and level of trust your clients have with your organization. With the growth of cloud-computing and mobile technology the demand to keep sensitive information and data secure will only increase.

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Few companies can afford the disruption to operations caused by a security breach. Enter a Chief Security Office. This C-level professional will lead the charge for security measure of data within your company. CSOs usually possess a master’s degree. They will make the procedures, guidelines and direction for information security policies within your company. These guidelines should be set in place to protect information and data from internal and external threats. The CSO will be responsible for the planning, coordinating, developing, and implementing of all cyber security measures.  They can also educate other employees on data security measures and best practices. Not every company is able to add another C-level position to their organization just yet. With or without a Chief Security Officer, all organizations should have a data recovery plan so they do not lose their data and information. If a CSO is not currently in your scope, consider doing outsourced IT. This alternative will fit you data security needs and other tech needs your company may have. They will be able to assist you in doing a technology-based risk assessment annually, which is a best practice when it comes to data security. This can give a baseline of the measure that need to be taken to keep your sensitive information and data safe. An outsourced tech provider can assist you in creating a data classification policy and verse you in cyber liability insurance. Deciding if you need a CSO can take a good deal of internal auditing and planning. This tech-focused executive can be replaced by outsourced IT. Take your time in researching the benefits and costs of each option.

Experience Intelligent Integration

Ryvit was founded on one fundamental observation: customers are demanding an integrated application experience for workflows and analysis.  Coupled with this imperative, software companies are often failing to deliver because they lack development resources that can rapidly bring integration solutions to market.   Recognizing this gap led to the Ryvit vision to create an ineternet platform as a service, plus offer incredible predictive analytics and bring development expertise to do all the heavy lifting for you.

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To pull those pieces together, Ryvit’s unique platform and partner program was created.  Ryvit iPaaS+ ™   is the competitive edge you need to outsell your competition. Give customers the progressive software experience they expect: to be able to enter, access, report and analyze all of their data across the business.  Because this kind of enterprise workflow fluidity and transparency is not available with any other solution, you will win and retain more business. Ryvit’s intelligent integration process gives you exclusive access into our ever growing economy of complimentary, progressive, and leading software vendors. Our professional integration team of experts builds an integration for you to connect our ecosystem of existing partner applications or to any other software package you need. Your development team resources aren’t drained and distracted learning another vendor’s API and can remain focused on delivering on your product road-map. Upon completion of the integration, every software vendor on the Ryvit Platform can connect to your solution, increasing your sales and marketing reach exponentially overnight. We empower companies to enter the Partner Program without taking a financial hit to the development budget. There’s no cash outlay from you to use our integration team. The cost of building the integration is paid for through your team’s sales of the integration itself.

More bang for your buck: Cloud vs On-Site backup

The debate between cloud backup and on-site hard drive backup has been ongoing. There are pros and cons to consider for each including speed and reliability. Each of the solutions has its own vulnerabilities and risks associated with putting your company data on them. However, if we set all of those aside and only look at the bang for your buck, which one would win? For the hard drive option, when it comes right down to it, the larger storage space you want on your hard drive, the more you will pay.

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According to PC World, it breaks down to about 10-50 cents per gigabyte. This cost covers the vast majority of hard drives, but there are always going to be a few that lay outside of this average on each side. Although this is a range, it is a pretty small range in comparison. A hard drive should be guaranteed to last at least three years. The overall cost of a cloud service is determined in a completed different way. There are many options for cloud backup that have different features and benefits. Paying top dollar in the cloud space will often get you the benefit of quality file encryption, and customer service, and multiple restore points meaning if your data is lost you can revert to your data settings a few hours ago, a few days ago or a few months ago. At the lower end of the spectrum, you will get you basic needs covered- your data will be backed up on the cloud. With this wide of a range in perks, the price per gigabyte varies widely too; the price per gigabyte for cloud backup can range from a fraction of a penny to $10 or more; meaning for the same size of storage, you could pay a very different price depending on what perks you want and need. As you can see, this isn’t comparing apples to apples. There is no true price comparison that lays it out precisely per gigabyte and tells us the most cost effective solution. If we take a look at the range in sizes of storage and look at the average, we can start to make some comparisons. Smaller storage, under 20GB, doesn’t store much, but sometimes that’s all you need. If you are just wanted to back up a few pictures and documents, this is all the more storage that is needed. Cloud-based solutions in this category include Dropbox, which is widely used, and for the basic package, free. When looking at storage that is still pretty small, but larger than 20GB, it is still cheap, but up charges may apply. When your Dropbox is full and they ask you if you want to upgrade, it will cost you. These solutions can be anywhere from $1-$4 per gigabyte. Cheaper solutions such as OpenBox Home come in at a lower price tag, however. This small category still falls under the 10-50 cents per gigabyte for hard drive backup solutions. Moving up in storage size to 100-500GB, a standard size meeting many needs, hard drives are more competitive per gigabyte. They are practically dead even at 41 and 42 cents respectively on average. If we look at large storage, 500GB- 1T, it is also a very close race. Per gigabyte, the external hard drive is about 10 cents cheaper on average. This, of course, depends on the features you select for you cloud-based backup. When your storage needs exceed 1T cloud-based solutions are cheaper at a mere 4 cents per gigabyte. When dealing with this much data, an external hard drive lasting only three years is also something to consider. Cloud-based solutions take the cake for the bang for your buck category even though it isn’t an apples to apples comparison. You get comparable storage size or more for the same money when you choose the cloud across the board. Online backup services are also becoming cheaper each year as more and more providers enter the market. As cloud-based solutions continue to gain popularity for good reason. These solutions are reliable and open up many opportunities when it comes to integrations and business intelligence.

Scale Quickly & Efficiently

Increase revenue and market awareness exponentially without an upfront development investment Figuring out how to effectively scale a software business is often best reflected by taking a walk through the boneyard of failed attempts of other companies just like yours.  The big ideas—the solutions software vendors bring to market– have as much impact on scale as the steps the leaders of these companies take or don’t take to execute their vision.  Grow or die. Scaling is an attractive characteristic of the software business for investors. 

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You incur heavy upfront investment costs as you formulate and develop your initial solution. Then, in theory you replicate the product over and over with high margins and without hiring huge teams to do so.  Actually delivering on the promise of finding gold is what separates the strong from the weak. Considering the 80/20 rule of efficiency is absolutely critical.  To uncover blind spots take a hard analytical look at these to fundamental questions:

  • Who is on your team?
  • How efficiently does the company operate?
  • Why are deals lost or won?
  • How likely are your customers to recommend your solution?

Each meeting with your Board or investors is riddled with questions relating to your ability to scale.  How can you turn your software company into a money making, customer satisfaction machine? How do you outpace the competition? How do you achieve aggressive year over year growth? Manifest destiny to incredible profits, going public, being acquired or accomplishing world domination is the fuel for thousands of software industry executives to work like sleep deprived maniacs. And, yet each and every year thousands fail altogether or possibly worse fail to grow and stagnate, which if left uncheck could lead to a slow and painful death. Why do some software companies achieve greatness while others simply just make ends meet, wither on the vine and eventually perish?  Although there are lots of possible viable answers—luck, good looks, deep pockets—the single greatest reason companies fail to grow is the inability to execute for scale.

Security on the Cloud

As small businesses migrate to the cloud for data storage and integrations, they need to also consider the unique set of security concerns that come along with the cloud. Data loss or leakage can be devastating in this digital age, especially if the data your small business stores on the cloud is both sensitive and valuable. The cloud, where customer data and programs can both reside, has changed key factors of business and security has to change with it. Applications and data in the cloud are more accessible to others, which can be a catch 22. Partners accessing your applications and data can be very beneficial, but if a hacker does the same, it is quite detrimental. Security measures aren’t just a C-level concern, either. The controls and measures taken need to be established company-wide. The Cloud Security Alliance is an organization that looks to make sure all businesses and individuals are protected with the growing reach of the cloud. They set blanket restrictions and standards, but it is up to you and your business to make sure the security measures taken match the level of sensitivity of your data. Hacks are still possible and the effects can be devastating to a small business.

Controls should be a major consideration when choosing a cloud provider. Set controls early in the process that make sense for your data and the right set of controls and monitoring ensure data segregation, data security, and infrastructure security remain sound. Who can access what? If an employee wants to access something they are restricted from, can they request access? What can be shared? How do you keep these separate? These sorts of controls will need to be built in when you migrate to the cloud. Part of the control setting is also making sure the total cost of ownership compared to the security measures taken for your data make sense for your small business.

APIs are what the security of the cloud are dependent on. Without secure and well-structured APIs, the cloud security will not be reliable. These interfaces are how cloud security is designed to control authentication and access, encryption, and monitoring. Vulnerabilities, which can be identified through testing, with your APIs leave you open to attack.

Encryption of your data should be a baseline security measure. You don’t want your cloud service to only store and backup your data, but provide local encryption as well, which will encrypt your files on your computer. With local encryption, not even the cloud provider would be able to access your data. You are able to set the level of protection and use two-step verification to secure your data.

The Difference Between iPaaS, aPaaS and SaaS

Integrations are taking more than just the software industry by storm. Companies in every industry are demanding data be able to flow across different software and different applications. Integrations can heavily increase efficiency and gain a competitive edge through streamlined operations. Companies need to stay away from deploying integrations that will stand alone in a silo in order to reap as many benefits as possible. This means integrations need to be intelligent. The main integration types today are iPaaS, aPaaS, and SaaS.

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Before we dive into how iPaaS, aPaaS, and SaaS are all different, let's break down what each means. iPaaS stands for integration platform as a service. aPaaS stands for application platform and a service. SaaS stands for software as a service. Each of these serves a different purpose.

aPaaS allows for rapid application development and delivery. This form has high productivity and high control. The coding process for platforms as a service can slow down delivery, but aPaaS brings automation for the application lifecycle. aPaaS offers a faster way to build apps.

SaaS has a main difference of being hosted by a vendor where iPaaS is cloud-based. Applications that are on-premise hosted can be integrated and allow for free flow of data. The application or service is made available to customers over a network, usually the internet.

iPaaS is a cloud-based integration solution, unlike SaaS which is hosted by a vendor on-premise. It iPaaS allows applications that reside on the cloud or on-premise to integrate and have data flow freely between them. It does not need any download, it is simply deployed. This is the most balanced offering because it can bring differently hosted software solutions or applications together.

iPaaS+™ is a cloud-based integration solution, but it also offers business intelligence and reporting. iPaaS+™ has an ecosystem available that allows applications built to integrate with all other application in the ecosystem. Partners are able to leverage the power of multiple business essential applications through this ecosystem.

Choose the integration type that will best serve your company in the long run. Find the right vendor can be difficult, but read this for help.

To experience the iPaaS+™ difference and learn more, contact Ryvit.

The Ryvit Value Proposition

“Software companies don’t typically have the resources or the time to focus on how other business applications use their data or services. They are focused on developing their product. The iPaaS model allows organizations to decouple from the process. A partner builds their API, exposes the objects and functionality they want to share and we do the rest. Ryvit manages the integrations, handles functional changes, monitors systems and hardware – and ensures every partner in the ecosystem can scale to meet demand with 99.99% reliability.” CEO, Ryvit Partner

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