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Wednesday, 04 October 2017 14:55

Highly Regulated Industries Can Move to the Cloud

The cloud industry is loosely defined, unregulated, and quickly evolving. The typical cloud service provider (CSP) business model is very uniform. It looks the same across all industries — there’s no per-tenant service customization, CSPs don’t offer one-off contracts, and they don’t bend their terms and conditions for customers in any specific industries.

So can you use a CSP if your organization is in a highly-regulated industry? Steve Chambers, a Cutter Consortium Senior Consultant and expert on the CSP industry, explains:

Some CSPs enthusiastically embrace industry regulators as they see it as a competitive advantage. These CSPs build their own assurance programs that any customer can audit, effectively meeting an industry regulator halfway by supporting the regulated organization.”

According to Chambers, a review of public CSPs shows that the oldest, largest, and most mature CSPs have the most comprehensive set of assurance programs:

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http://blog.cutter.com/2017/10/03/highly-regulated-industries-can-move-to-the-cloud/