Choosing a Cloud Services Provider

Fintech
Presented by
Group 1 (Abhisita, Arnab, Arindam, Kaushik, Mayukh,
Sumantra), EMBA, VGSoM 2018-21
Google Docs, Gmail

SaaS Salesforce ,Netsuite

Basecamp
PaaS Force.com
Appengine IaaS Rackspace
Go Grid
Azure AWS

Servers managed
>1 mn by Google cloud by 2021Global data stored in DC to
reach 1.3ZB by 2021, up 4.6-fold
(a CAGR of 36 percent) from 286
Exabytes (EB) in 2016

Growing
number of
Driven largely by IoT, the total amount of data Fintechs
IoT created (and not necessarily stored) by any device adopting cloud
and services
cloud will reach 847ZB per year by 2021, up from 218ZB globally
per year in 2016
 Fintech
Choosing a cloud service provider

FABRIKAM
 Fintech
Choosing a cloud service provider

by
Group 1 (Abhisita, Arnab, Arindam, Kaushik, Mayukh,
Sumantra), EMBA, VGSoM 2018-21
FABRIKAM
Introducing..
Cloud to
Fintech
A case study

3
The story of cloud
B A C K G R O U N D :

• Cloud services have become ubiquitous across a

spectrum of industries. The number of firms moving
or expanding their infrastructure using cloud
technology only continues to rise. Through cloud
computing, companies can outsource a costly and
hard to maintain IT department to experts who are
able to provide better features at a lower price.
Gartner, an IT research advisory company, has listed
Infrastructure as a Service (IaaS) in 2015 as being at
the Slope of Enlightenment in their branded Hype
Cycle. Being at the Slope of Enlightenment is a time
when more second and third generation products
appear, and when the technology becomes widely
understood.

4
The story of cloud
B A C K G R O U N D :

• For this reason, more companies have started to

realize the massive technological improvement, as
well as cost benefits, that a cloud based IT solution
can provide. The bottom line is that the time is right
for cloud computing, and companies can use it as
leverage to expand into new markets in data
analytics, as well as save money by reducing their
in-house IT infrastructure. Companies are gathering
data at an all-time high, and it is the companies that
use this new resource effectively that will continue
to be leaders in their markets.

5
PROJECT SUMMARY:
Project Goals : What is meant to
be achieved

• Project goals included finding a company that met the

following criteria:

• • Economic viability (including initial price, cost of

ownership, consumption)

• • Technical factors (Compatibility, support with current

infrastructure, scalability)

• • Human factors (accessibility, ease of use for clients and

current IT workforce)

• • Security (uptime, strong controls on data management)

6
Fintech : To
escape the
clouded future
The parameters for EFTPS
(Electronic Fund Transfer Payment
System) facilitator
&
Solutions Integrator
FABRIKAM
The market
leaders saga

8
Comparison : A tale of three legends

9
 METHODOLOGY
C O M PA R I S O N P O I N T 1
• Our team examined the three top cloud service providers
that Joe Kwo’s consultant recommended. We first gathered
requirements for Fintech’s current payment processing and
data analytics operation, and used them to help determine
the criteria by which we would judge the three providers.
Four criteria: cost, compatibility, accessibility, and security
were ultimately chosen as categories of interest.
C O M PA R I S O N P O I N T 2
• Internal company data was provided by Fintech to allow us
to determine which technical requirements their systems
would need. Visual Studio and SQL Server Data Tools were
of particular importance, as these were the programs
needed to package data in a way that the cloud services
could understand. All three providers offer viable technical
solutions, although there are distinctions on cost and
accessibility for the clients.
FABRIKAM 10
 Solution lies in..
A weighted average
analysis
Ultimately, a weighted analysis method was
used to determine which cloud service provider
to choose. Using this model, each criteria (cost,
Chart Title
compatibility, accessibility, security) is given a
Total multiplier based on how much they weigh in
Microsoft

importance to Fintech’s overall strategy. After

Score
being assigned this multiplier, each provider is
Total given a score from 0 to 5 based on how well
Google

they meet the criteria. The multiplier and score

Score
are then multiplied to calculate a total score for
the category. Finally, the sum of the scores is
Total
found, and the company with the highest points
AWS

Score is chosen as a recommended provider.

0 10 20 30 40 50 60

Weighted Total Security 3 Accesibility 4 Compatibility 2 Cost 4 11

THANK YOU

FABRIKAM
Patience is the key for better understanding

Instructions and Feedback

13