April - 2014 - issue > CIO Insights

The Industry requires Stand-out Security Solutions

Uday Devalla
CIO-Stearns Lending
Tuesday, April 1, 2014
Uday Devalla
Based in Santa Ana, California, Stearns, since 1989, is a leading provider of mortgage lending services across the U.S.

The wearable computing is the latest trend in terms of consumer technology, which is likely to remain so in the imminent years as well. There would be numerous technological trends in terms of how the cell phone is going to be blended with wearable computers. On the technology side, the latest trend is cloud computing. The trend is expected to prevail for many years along with big data analytics. In 2014, you would see cloud computing becoming more prevalent and more mature, similar is the case with data analytics on big data. Mobility is another imperative trend, with lots of innovation happening, especially in the incorporation of mobile devices to organizational structure. The industry has matured to a point where mobility has become a reality with almost 50 percent of the people in the organization carrying around devices, laptops and similar devices. Therefore, going forward, the cloud computing, data analysis and mobility would be the areas of focus from an organizational point of view.

Security Solutions should Evolve

In view of the current circumstances, improvement is needed in security solutions, as there is a lack of good and proper solutions. In other words, the solutions have not matured yet. With huge quantities of data being generated, organizations especially those in the financial sector are focusing on this aspect. Also, considering cyber security, currently, the market is devoid of standing-out solutions and service providers that can make our information and network secure.

The Challenges posed by the Industry

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