Apple Finally Takes Market Share From Microsoft and Blackberry In The Financial Services Tech Sector

Tuesday, January 25, 2011 09:25
edit
Apple Finally Takes Market Share From Microsoft and Blackberry In The Financial Services Tech Sector

Tags: apple | blackberry | iPad | iPhone

It took a grassroots effort by the top financial advisors and executives who purchased iPhones and iPads personally and began to use them without enterprise IT support. Now it is up to enterprise IT professionals to make sure these devices are here to stay.

This Website Is For Financial Professionals Only


Yet most IT professionals continue to insist that PCs and Blackberries are all an advisor needs in terms of enterprise product support. It’s time for IT folks to let go of this hidebound attitude and embrace the new technologies, which serve well for both personal and business use. In fact, I have come up with a term to express the state of these new devices that combine personal and enterprise data – they are “hybrid enterprise capable devices.”
 
There is no doubt businesses are embracing the new technologies. For instance, a recent Reuters article states U.S. companies are poised to buy more than 10 million tablet computers this year, accounting for 25% of overall sales. That percentage will rise in coming years as businesses, including financial services enterprises, discover the utility of tablet computers
 
The reality is that financial services professionals are using these products to help them run their lives, making them more than just a fad. The same cannot be said for some of the older technologies that sat in a corner gathering dust. IT professionals need to recognize this growing usage and embrace it, rather than discourage it.
 
To make tablets and smartphones into enterprise featured devices is pretty simple, you must configure them to protect your data from unauthorized use. 
 
At a minimum you should:
 
1.      Password protect your device.
2.      Configure your email system so you can lock and remove your emails remotely.
3.      Connect to your confidential data through remote access tools like Logmein Ignition or RDP.
 
As a financial services professional, you can play a role in this revolution by not only using the new technologies but also by encouraging your IT professionals to help configure them to protect your confidential data. It would only take one bad publicized data loss to get these devices banned from being used in financial services for professional purposes.

Comments (2)

...
ScottMartin
This is really extraordinary, given pushback from IT departments that have sometimes been unwilling to support a laptop, much less an Apple device. I hope you'll keep us posted about whether the Android tablets are getting similar traction -- as yet I don't know of any Android apps tailored to the financial services business.
ScottMartin , January 25, 2011
...
BrianEdelman
http://www.youtube.com/watch?v...cker=False

If you dont mind laughing or cursing then watch this video as it is what it like when an end user is trying to get their IT team to support the iPhone.

BrianEdelman , March 10, 2011

Write comment

You must be logged in to post a comment. Please register if you do not have an account yet.

busy