LBi Software will host a session at the Virtual Conference:

Risks and Rewards of Placing Employee Benefits Systems in the Cloud: Is Offsite Software Hosting Safe and Secure?
May 2, 2011 12:30 PM

There are a vast number of options today for deploying Human Capital Management software systems. However, understanding the differences, potential risks, and benefits can be very confusing for non-IT focused HR personnel who are responsible for ensuring the safety and security of private employee information.

Buzzwords like SaaS, Cloud, and other technical terms are simply not in the vernacular of many HR staff members, but always creep up in the process of software review and selection. In years past, virtually every business application ran on a large internal mainframe computer, accessible only from old-fashioned green screen "dumb terminals." Then something called "Client Server" brought rich, Windows-based applications directly to employee desktop PCs.

Now the Internet has taken software delivery to the next evolutionary phase, with business applications available from virtually any Internet-connected device. But along with this powerful new accessibility comes the potential risk of exposing sensitive employee data to unknown and unscrupulous predators.

Risks and rewards of placing employee benefits systems in the Cloud
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Modern business software today is generally deployed in one of four common architectures:

  1. On Premises - Software installed and running on servers located on the client's physical premises and deployed to users through the business's internal network.
  2. Dedicated Hosting - Software installed and running on servers located at a 3rd party hosting facility, and deployed to users through the Internet or via secure access to the business's internal network. The servers are dedicated strictly to the individual customer's applications, and are not shared with any other organization.
  3. Cloud Hosting - Similar to Dedicated Hosting but the applications are running on "virtual servers" shared with other organizations. In this scenario, a single server may be running multiple instances of an operating system, sharing hardware resources among two or more customers.
  4. Saas (Software as a Service) - Deployed generally in a cloud computing environment, the software itself is actually shared among many companies. Referred to as "multi-tenant" architecture, customers are not only sharing hardware resources, but also sharing the actual application and database as well.

This webinar will help you understand the positive and negative aspects of each option, helping you work with your IT staff to make the best decision for your organization.