Commodity Trading in the Clouds — Manage Trades Anywhere, Anytime
The popularity of the Internet and demand for low cost services and software has spurred the growth of Cloud Computing in business applications. Aspect Enterprise Solutions is ahead of industry vendors with more than 500 customers and thousands of users in 90 countries accessing Aspect solutions on the Web. Eleven years ago, Aspect saw the future in Web-based solutions – and now that trend and vision is taking hold across all industries. Companies of all sizes are enjoying the benefits, while traditional software vendors are trying to catch up.
Cloud Computing is Internet-based computing where shared services, resources and software are provided on-demand. It creates a standardized, repeatable way to scale IT services and solutions, which helps us deliver to thousands of users and keep our costs down for the customer. As a trading firm, you can focus on your core business and not worry about how to implement, maintain and receive the services you need. Aspect hosts the hardware and delivers the Software as a Service (SaaS). This is much like today’s utilities sell power and gas. Amazon is probably the most universally known consumer company leveraging the power of Cloud Computing, selling millions of products and services over the Web in a secure environment.
Today's IT professionals are being asked to manage more information, and deliver that information to their users, with ever increasing quality of service, in a timely manner. And in today's economic climate, IT is additionally tasked with reducing budgets and deriving greater value out of their existing investments. With Aspect’s solutions, cost is greatly reduced so that capital expenditure can be converted to operational expenditure. Aspect clients can also save significantly on IT support, as the solutions are managed by our expert team of engineers with contracted support agreements that deliver expected, controlled costs and results. The applications are easier to maintain, because there’s no software installed on hundreds of computers. They’re also easier to support and enhance because changes reach our clients instantly.
Traditional Software Delivery vs. Aspect SaaS In The Cloud
|Traditional Software Delivery||Aspect SaaS In The Cloud|
|Traditional Business Applications from companies like Microsoft, Oracle, SAP & Other Commodities Vendors.||Companies like SalesForce.com, Amazon, Google and Aspect Enterprise Solutions.|
|Clients need data center, server racks, server farms, networks, storage, bandwidth, high availability and disaster recovery.||Clients need a password to log onto the Internet.|
|Servers and digital storage devices take up space.||No physical space needed.|
|Software is developed, tested and deployed.||Not applicable.|
|Software is installed, configured and run.||Depending on the complexity of requirements, data is migrated, reports are configured.|
|Your IT staff is paid to maintain it, instead of develop other projects.||Our expert engineers manage everything.|
|One version forced to fit any company, results in paying for much more functionality than required.||One version, configured specifically with features/functionality needed so user pays only for what’s used.|
|Available only on the desktop the software is installed on.||Available with secure password from anywhere, anytime with an Internet connection.|
|Upgrades are disruptive with new software to test and install.||Upgrades are seamless, non-disruptive, released in the background.|
|No Grid Computing.||Increased processing power when used with Grid Computing which leverages the entire network’s processing power.|
|Costly, risky||Lower-priced, multi-user subscription pricing, no-risk.|
|Deploys in months to years||Deploys in days to a few weeks.|
Why Cloud Computing?
Aspect’s solutions adhere to well-designed Cloud Computing practices with multiple redundant sites for business continuity and disaster recovery. Our systems are secure as we devote resources to solving security issues, which many times companies do not have budget or resources to accomplish.
Cloud Computing Delivers Collaboration
Collaboration with colleagues is greatly increased through Cloud Computing, as you’re able to create groups to share more information and work more productively. Make changes to documents that can be shared with staff. Notifications are easily sent when information is updated, removing the challenges that come with duplication. Sharing information in a system dramatically reduces email traffic and creates a needed audit trail of trade data. Connect with social networking groups like Facebook and Twitter to pull in information about your customers and business partners. You can also more easily collaborate with customers. Contract confirmations can be shared electronically, scheduling can be optimized, invoicing and payments can be transmitted, etc.
Did You Know Cloud Computing Is Environmentally Friendly?
- According to surveys, most computer systems have CPU utilization of approx. 10%. This means that computers are doing nothing while consuming electricity 90% of the time.
- Cloud Computing allows sharing of the same hardware resources between multiple customersand reach 80% - 90% utilization.
- 10 computers in A Cloud typically do the same job as 90 computers in client-server environments
- Users of Cloud Computing have a much lower carbon footprint than their colleagues stuck with older client-server software.