How to Keep Sensitive Cloud-based Asset Management Data Private and Secure

Last updated: March 23, 2024 Reading time: 3 minutes
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Storing business data in the cloud is here to stay. The numbers don’t lie: Cloud service revenues are expected to grow to nearly $250B US in 2017. And that trend is expected to continue indefinitely.

And why not? Cloud-based data services offer a great value proposition to businesses, including IT cost efficiency, convenient access, and disaster recoverability. But it’s always important to take a close look at any risks. On balance, cloud-based data systems are a powerful technology offering excellent business value.

For example, if you’re deploying asset management software, you’re essentially creating digital assets to track and manage their real-world counterparts. Chances are, those digital versions will be stored in a cloud database. If you choose the right partner, you’ll sleep easy at night, knowing the digital version of your assets is safe.

A company’s assets include vehicles, machines, but also employees. The right software can keep vehicles and machinery safe and track workforce locations in real-time.