Cloud services grow ever more popular in modern industry. Many businesses move their data processes to off-site hosting when they do not have the resources to create similar performance themselves. Other organizations, however, prefer to own their own data storage equipment. A business may opt out of cloud-deployed solutions when it needs fast processing speed, hands-on security and can handle the fixed asset investment. Businesses need reduced latency Some industries need rapid data response time. Companies who work with the stock exchange or other fast-paced procedures should keep their data processing on-site so they are certain they get information when they need it, according to Wired magazine. Cloud solutions are convenient but they are slower than an internal system run by a great IT department. Accessing online computing processes provided by cloud servers allows companies to share information with numerous stakeholders. The problem is storage facilities may be in very remote locations and communication errors could exist between users and providers. Many businesses fear a loss of performance due to power outages outside of their control Businesses who buy their own hardware get to dictate exactly what they want form machine performance. Instead of adapting to the service supplied by a third party, companies use on-site hosting to select machines, design networks and assign access. IT staff can handle security Whether it's Sony movie studios having its email communications hacked or criminals publishing personal details from dating-website users, cloud data breaches consistently appear in the modern media. Some organizations don't want to send customer details and financial information across a remote server. The recent news certainly suggests the cloud is an easy target for cyber criminals. Technology, however, is constantly improving. CloudTweaks, a software blog, said cloud hosting facilities have shifted their focus toward security to calm the fears of modern consumers and businesses. When an office wants to have better security than the cloud, it needs to have staff equally as devoted to safeguarding information. A company can gain a strong sense of security from on-premise hosting when its IT staff has data protection training. If businesses hire knowledgeable employees who can devote their time to maintain data processes, then on-site hardware could prevent outside breaches. Track and maintain hardware assets One of the primary reasons a company may choose the cloud over on-site hosting is due to cost. Many small businesses don't have the resources necessary to build their own network. The cloud, however, is a subscription service and a lack of initial investment could end up costing money consistent payments down the road. A company who buys and maintains its own hardware can mitigate costs by tracking the equipment in a fixed asset management system . Constant data visibility of asset performance and location prevents loss over a long time period. Complete asset management ensures investments are put to their optimal use and supervisors detect problems before they lead to substantial setbacks. Marking hardware tools with asset tags helps create quick and accurate inventories of materials. Technology serial numbers can be duplicates and hard to read. Tools like barcoding give companies a more controlled inventory. It helps managers track ownership, configuration and location of hardware. The post When to ignore the cloud appeared first on Sage Fixed Assets .