Microsoft has extensive experience when it comes to building enterprise software and running some of the largest online services in the world. Microsoft’s Azure cloud computing platform can be used to host many types of services, including webservers, databases, virtual machines and more. For these reasons, HelloID is hosted on Microsoft’s Azure cloud computing platform. HelloID also has a long-standing Microsoft Gold Partnership and has built up specific security experience working with the Microsoft product suite.
Microsoft Azure Positioned As Cloud Infrastructure Market Leader Worldwide
Microsoft has made an impressive transformation towards becoming a leading cloud player in recent years, under the leadership of Satya Nadella. In the most recent Gartner Magic Quadrant for Cloud Infrastructure as a Service report, Microsoft is listed as a global market leader for the 5th consecutive year, together with AWS and ‘new entrant’ Google. 90% of Fortune 500 companies now make use of the Microsoft Cloud, both for the well-known Office 365 service and for business-critical applications. An example of a company which transferred their business-critical assets to Azure is Geneva-based Temenos AG. Temenos provides banking software to 3,000 firms globally, including 41 of the top 50 banks. They process more than 500 million banking customer’s transactions daily and were listed as a Market Leader in the Magic Quadrant for Global Retail Core Banking in July 2017. Strict security and compliance requirements are a part of the banking market, as Temenos chief enterprise architect John Schlesinger explains:
“This is a traditionally on-premises industry in terms of core banking applications, but our view is that by 2020 all new core banking projects will be on infrastructure-as-a-service (IaaS) platforms, if not software-as-a-service platforms.”
John also confirms that from a security and compliance point of view the Azure platform is fully prepared for the extra demanding financial business processes:
“From a security point of view, I think Azure is a demonstrably more secure environment than most banks’ datacentres,” and “From the compliance point of view, we already have the regulators in Europe allowing core banking on the Dublin datacentre.”