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Cloud Computing and Its Benefits – How Cloud Service Can Offer Solutions for Your Business


by Stephanie Hutcheon

Advancements in technology are bringing new terms to the board game every year, and it can be difficult to explain the ever-evolving terms. Introducing new IT business concepts to your employees is not always easy as you have to train staff which can be time consuming. North East Cloud have provided a little lesson on cloud, highlighting the benefits and how a cloud service can help your business.

To start with the basics, cloud is an online service which allows you to access all of your data, files and programmes over the Internet, as opposed to your hard drive. This makes your life a little easier as you don’t have to carry X, Y and Z devices around to access files stored on different devices. All of your data is stored on servers connected to the Internet, and there are various forms of cloud depending on whether you’re using the service as a business or as an individual. As an individual a common example is Google Drive; from a business perspective, services such as Concept IT are a good place to start.

Aside the ease of access to all of your files, there is a high level of security and trust associated with the Concept cloud services, who are based in the North East of England with two server centres in Durham and Gateshead. So in the unlikely event that something should go wrong in one of their centres, all of your data is backed up in the other.

Generally, one cloud service is provided to a user; however, for a business, there should be a range of cloud options available so the business owner can decide which package would work best for their business needs. At North East Cloud there are a range of cloud solutions, these include:

• Public Cloud Solutions

• Private Cloud Solutions (recommended for businesses)

• Hybrid Cloud Solutions and

• Cloud App solutions.

Generally the private cloud is chosen for businesses; apart from the benefits highlighted above, private cloud allows you to run more applications than your standard Microsoft Office programmes. Further to this you’re able to employ staff from almost anywhere; the skills you’re looking for in an employee may be based in Australia! The private cloud backup service is ran twice daily so if you lose an important document, don’t worry Concept IT will be able to recover it.

To find out more about the private cloud service or any of the other services such as Office 365 or Hosted Exchange visit www.northeastcloud.co.uk for more information.

More Information:

http://www.northeastcloud.co.uk/all-about-cloud

Source: http://www.PopularArticles.com/article467810.html

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Do You Know the Difference Between an Investment Advisor and a Broker?

Do You Know the Difference Between an Investment Advisor and a Broker?
Copyright (c) 2010-2015 Tome Tomaj


As an fee-only investment advisor I come across clients from all walks of life. Lately I have noticed something in common with many of these investors. Many do not know the difference between an investment advisor and a broker who manages and/or makes securities recommendations for their clients' investment portfolios. With the almost unprecedented volatility in the securities markets, you cannot afford to dig your head in the sand when it comes to whom is managing your assets.

In short, an investment advisor has a fiduciary obligation to act in the best interest of its clients. Investment advisors are required to register either with the Securities and Exchange Commission (SEC) or the states in which they operate in and are regulated under the Investment Advisors Act of 1940. According to Rule 206 of the Investment Advisors Act of 1940, investment advisors are considered fiduciaries, and as such, owe their clients a higher fiduciary duty. What this means in layman's terms is that advisors must operate in a way that avoids conflicts of interest, puts their clients' interests ahead of their own and make a full disclosure of their fees.

On the other hand, brokers (which are registered representatives of a brokerage firm [or in industry lingo a "broker-dealer"]) are salespeople whose primary responsibility is to help clients buy and sell securities for their accounts. While there is nothing wrong with this, investors should be made fully aware that broker-dealers are subject to the Securities Exchange Act of 1934, a different regulatory rule than for investment advisors. As such, their principal obligation is to make suitable recommendations (emphasis ours) to their clients and as such, do not necessarily owe their clients a fiduciary duty.

I decided to write this piece because the differences between an investment advisor and a broker-dealer have become quite blurred over the years. Many broker dealers market themselves as offering financial advisor or investment consultant services. I think it is quite critical for the general investing public to know these differences. Many investors may have a false sense of security that their "advisor" may be continually managing and acting in the best interest of their clients, when in reality this may not be the case. In addition, be aware that just because your broker may be recommending a suitable security for you, their primary goal may not be to act in your best interest, but rather to generate a commission for their employer's brokerage arm.

About The Author:
Tome Tomaj is an investment advisor representative and a financial markets investor. He is the founder of White River Capital Management LLC, an independent registered investment advisor. White River specializes in the management of separately managed investment accounts for individuals and institutions. To find out more about his investment philosophy and sign-up for his FREE market commentaries and articles, please visit: http://www.wr-cap.com/signup.html

Read more articles written by: Tome Tomaj


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