Mobile Architecture: Housing Security as a Foundation Component to Design and Deploy Mobile Strategies By Ram Kalyan Medury, CIO, Magma Fincorp Ltd.

Mobile Architecture: Housing Security as a Foundation Component to Design and Deploy Mobile Strategies

Ram Kalyan Medury, CIO, Magma Fincorp Ltd. | Tuesday, 10 May 2016, 11:44 IST

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Magma Fincorp Ltd(BOM:52400), headquartered in Kolkata, is a provider of financial services and offers individual and corporate customers with financial products and services, such as commercial vehicle finance, construction equipment finance and utility vehicle finance. Established in 1988, the company has a market cap of Rs.1847 Crores.

The technology landscape has changed in the recent years and now is driven by customer adoption and consumer innovation. With the arrival of mobility solutions, big data analytics and cloud based solutions, forward thinking enterprises are leveraging these emerging trends to overcome growing challenges in business. As the adoption of mobility solution advances, consumers extensively use mobility in their personal lives and demand the same flexibility in their professional lives. Supporting the mobility solutions are wide ranging cloud based applications that enable enterprises to speed up their existing business by bringing down TCO. Furthermore, the data architects, business analysts and developers have discovered the potential role of big data analytics in influencing the decision making process.
Previously, organizations in a mobile environment could protect data and manage risk by providing employees with a single supported and secured device that could access the company’s information assets but today most of the employees carry a smart phone or tablet for both business and personnel use, which in every way bring in several security threats. The information in a mobile environment becomes vulnerable to breaches and there is a risk of losing sensitive data into wrong hands.
Considering every aspects of mobility, companies should design mobile deployment strategies to embed security as a core component in its mobile architecture. Mobile device management solutions should have the prospective to impart controlled monitoring of websites and limit applications which can be locally installed on device. 

Data management is often cited as a major challenge in IT space as data volumes grow and regulatory mandate multiply. The explosive data growth is prompting organizations to look for ways to increase the efficiency of storage, back up and disaster recovery process. IT organizations must indulge in strict services to manage data while controlling costs. Data deduplication helps in eliminating redundant data and enables organizations to abridge data management and allows easier disaster recovery with reduced data storage costs.
Today, a growing number of enterprises have technology vendors to help IT teams to leverage new technologies and transform business. Finding the right vendor is quite cumbersome considering the myriad of options. It might be easy to assume that all technology based on cloud infrastructure are basically same but there are often key differentiators with respect to features and cost. The influx of IT services and solutions demand careful management to ensure appropriate deployment of technology for a given application. Few factors such as speed, performance, integrations, specifications and commercials adhered to the specific technology are to be considered while evaluating the potentiality of services offered by the vendors.

The emerging trends in IT are the frontiers to revolutionize business. Agenda of IT service is to drive business growth and renovation. CIO’s in the future will need to address the seething challenges and bring in agility to the IT infrastructure by reaping the potential benefits of big data, enterprise mobility solutions and cloud based services.

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