WeDo Technologies Publishes "The Cloud: Hype or New Horizon?"

READING, England and LISBON, Portugal, October 11, 2011 -

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- New whitepaper examines risks of the Cloud to business users and the impact on data security

WeDo Technologies, a leader in business and revenue assurance solutions, today announced the launch of its latest whitepaper. ‘The Cloud: Hype or New Horizon?’, focusing on the risks and opportunities associated with the Cloud and what needs to be done to reduce data vulnerability.

Created by Praesidium Consulting, WeDo Tecnologies’ business consulting division, the whitepaper considers the hype surrounding the cloud, its advantages and its unique security risks. From the benefits to operators and users, to the services most suited to the Cloud, and the risks posed to both organisations and individuals, the whitepaper goes on to outline a number of issues and strategies that need to be considered to ensure a safe and smooth transition to the Cloud and greater data security.

“The Cloud is a game changing technology that will transform how organisations buy and manage IT services. It is the obvious and immediate choice for today’s digital natives and is being accepted by enterprises of all different sizes as a smarter, more cost effective way to deliver services,” said Simon Collins, WeDo Technologies’ Vice President for business consulting division, Praesidium. “However, as with many new technologies, it also brings with it a number of threats to operators and users in terms of data security, service assurance and performance management.   Operators must do all they can to ensure data is not compromised and that their customers are protected against the unauthorised access and use of private or personal information.”  

The whitepaper, available to download from www.wedotechnologies.com/thecloudhype, is the accumulation of WeDo Technologies’ expertise and knowledge as leaders in the fraud management and revenue assurance space. This whitepaper is part of a new series of whitepapers aimed to educate CSPs on new technologies and the management strategies required to protect against new associated risks.

About WeDo Technologies

WeDo Technologies is a worldwide leader in revenue and business assurance, providing software and expert consultancy, to intelligently analyse large quantities of data from across an organisation - helping to negate or minimise operational or business inefficiencies and allowing businesses to achieve significant return on investment via revenue protection and cost savings.

WeDo Technologies works with some of the world’s leading blue chip companies from the retail, energy and finance industries, as well as more than 100 telecommunications operators from almost 80 countries, through 400 highly-skilled professionals.

WeDo Technologies is owned by the largest non financial Portuguese group - Sonae Group with more than 40.000 employees in 29 countries.

Contact details: For Wedo Technologies: Vicki Fertnig or Elizabeth Chadwick, wedo at miliberty.com, +44(0)7789-544331, echadwick at miliberty.com