The nature of the way we live and work is changing dramatically because of cloud technology, says Loren Hudziak, Google’s cloud architect.

“This is no longer a buzzword,” Hudziak tells 2017 CSCU Solutions Conference attendees. “We are seeing a huge uptick in the number of people racing to the cloud.”

The reasons, he says, are obvious: cost savings, digital efficiencies, and improved security.

For those who question whether thhe cloud is more secure, Hudziak says the FBI, State Department, and Target all had on-premise systems when they were breached in recent years.

Hudziak offers four insights for credit union leaders about the growing role of cloud technology and associated trends:

• Mobile payments are becoming part of our lives. Payments watchers have spent a lot of time talking about the low use of Apple Pay, Android Pay, and other digital  wallets, but they forget about transactions through Uber, Paypal, and so on.

 

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