SBOA: The Magazine Fall 2015 Edition | Page 10

Your Data. Their Cloud. Your Data. Their Cloud. By James Hafen, Yardi Systems In the age of information, one of the greatest assets any company owns is its data. Not only is data critical for operational transactions, it also provides an intrinsic value for achieving marketing and Customer Relationship Management (CRM) goals. Determining your customers’ needs and how to meet them requires a calculated approach to collecting, analyzing and retaining customer data. Today, businesses are shifting to third party providers and web hosting services in a Software as a Service (SaaS)/Cloud-oriented environment while reaping great benefits. The cloud offers efficiencies, scalability and flexibility and has significantly changed the landscape of most business computing environments. claim or rights to use your data than if it was privately hosted on a server in your own offices, including the aggregate use or analysis of it. Identity theft may get all the headlines but data security and privacy is not strictly limited to credit card and social security numbers. Third party cloud and hosting partners can impact your ability to access your own data as well as blur the lines as to who really owns and controls it. These are issues that must be addressed prior to entrusting someone else with one of your most valued assets. Moreover, in the self-storage industry it is common for operators to share data with call centers, kiosk vendors, Internet Listing Services (ILS), and others. Defined access, use, and ownership controls to your data extend to these additional service providers as well. Ownership Usage, and Access When utilizing a cloud solution, the terms of your contract are critical in defining who owns the data. It should be obvious and expected that the data is yours. Be careful that you are not relinquishing the rights to your data to your cloud provider. Treat your data with the same privacy and access concerns in the cloud as if you were hosting it yourself. Remember, a cloud provider has no more ownership Page 10 Oftentimes the software/service provider uses a third party for hosting and in such cases it’s important that you differentiate between the two. It may well be that your software provider is under different terms for accessing your data than the hosting provider. Valid support reasons exist for allowing SaaS and hosting providers access to your data. However, this limited access still requires the need for regulated controls, such as those provided through SSAE 16, HIPAA, PCI DSS, and other compliance standards. Your Data. Period. The day may come when you need to get your data from the SaaS provider. Say you are switching software providers and need to migrate your data into a new system; the question now becomes a matter of how, what and when. How? How can you get your data, outside of the application itself? Is it a download you can manually initiate? Do you need to contact the service organization for assistance? Are there additional data SBOA Magazine - Fall 2015 access fees? Most providers charge a fee for the time required to process your export request, but it is generally nominal. If you feel that the fee charged is excessive or even punitive, it probably is. Negotiate and define all fees as part of your Master Service Agreement to ensure your data is not held hostage when you need it most. What? In what format is your data provided to you? Is it a standard format such as CSV or delivered in a spreadsheet? It is in a proprietary format based on the database the provider used? Is the data retrieved in real-time, at a pointin-time, or from the latest backup? Does your data include meta data* that, technically, is not your data? Is the meta data required to properly use the rest of your data? (*Meta data is used by the service provider to define or construct the usage of your data within the application/service.) When? When can you access your data? Is it a timely process to request and receive your data? As a rule of thumb, the more data you have, the longer it takes to extract and the harder it is to deliver. Keep in mind that megabytes are sent with relative ease while gigabytes and terabytes require added considerations, including upload and download capabilities on both ends. Clear Skies... Cloud computing over the Internet is not on the horizon, it’s overhead. But the skies can remain clear and sunny in this new world of data and services in the cloud with just a bit of extra diligence ensuring your data remains in your control. About Us: James Hafen is the Self-Storage Industry Principal at Yardi Systems, having joined the company via the acquisition of Centershift in 2014. James previously served as CEO and CTO of Centershift, Inc. Yardi is the global leader in providing full business solutions for every real estate market, including multifamily, single family, affordable, public, senior and military housing as well as office, industrial, self-storage and retail market segments, with over 35 offices and 4,000+ employees worldwide. www.theSBOA.com