Improving Business Continuity with Virtualisation

Question: Discuss about the Improving Business Continuity with Virtualisation. Answer: Introduction: The risk faced by Liberty Wines is that it was unable to cope up with the expanding business. The servers were quite slow and did not possess the capability to handle the existing data and information volumes. The responsiveness of the employees was not instant because of a delay in the order processing and inventory management as well. When Liberty Wines had started off with the business, their present IT structure was unable to live up to the expanding business. The company lacked proficiency in managing huge information base therefore had to let go off many customers (Daly 2014). The IT system installed was also very slow thus leading to a very bad customer service. This impacted their competitive advantage. Server virtualisation had helped Liberty Wines and its environment largely. The 10 servers were replaced by just three which had the capability to support the work of ten. An extra server was installed for keeping the back up of the data in case of crashing of other servers. This also ensured that the power consumption be reduced to as low as by 60 percent. This helped to improve the bottom line of the company as well as reduce the carbon footprint which was beneficial for the environment. Lastly the increased efficiency helped to reduce the overhead costs as well. In this case the office space needed had reduced to a great extent (MacArthur, 2014). Earlier to 2008, FinCen was having to face various IT related problems due to which they were unable to fight the financial crimes with efficiency simply because they were unable to gather sufficient data and analyse the same timely. The quality was also affected because they did not have any online system and thus the method used for communication of data was off line which caused delays. These disabled FinCen to collect and analyse the data on time. The IT upgrade and capabilities which is the need of the hour so as to fulfil the mission of FinCen is the analytical capabilities, IT infrastructures and the databases. This would help FinCen to gather information well on time and also help them to process the same before time. They have launched an App which would help them to access the data on a real time basis of the past decade by the analysts, law enforcement authorities as well as regulatory authorities (Carozza, 2009). The financial intelligence is dependent upon the flourishing investigation of the data so as to identify the examples and relationships that would render possible illegitimate actions. FinCens work is crucial from the point of view of the security of the nation simple because they have the required intelligence to detect the money laundering and various terrorist actions which can have doting impact on the safety and security of a country. Therefore they enable protection of the nation from any possible disturbance caused from such actions. FinCen tries to find out any such activities in advance so that adequate actions is taken. The recent financial crime detected and disrupted by FinCen is the violent Mexican drug associations who on a daily basis smuggle cash from the American narcotics sales in their own country, put the money in their own local banks and then transfer the money back to USA. Ann Martin who works with FinCen analysed huge lumps of information and in the year 2010 stated that huge amount of illegal amount from US was entering the Mexican market. The Government of Mexico claimed that for the first time they have got a particular data base against such a crime (Partners for Public Services. 2011). The was possible since FinCen uses the automated business rules which helped it to correlate data from various sources minutely and well in time. References: Carozza,D. (2009). Intensifying The Network : An Interview with James H. Fries Jr., Director of FinCen. Retrieved from https://www.fraud-magazine.com/article.aspx?id=430 Daly,K. (2014). Improving business continuity with virtualisation : The Liberty Wines Case Study. Retrieved from https://thinkspace.csu.edu.au/kdaly/2014/04/06/improving-business-continuity-with-virtualization-the-liberty-wines-case-study/ MacArthur,H. (2014). Five Benefits of Virtualisation. Retrieved from https://www.computerweekly.com/opinion/Five-benefits-of-virtualisation Partners for Public Services. (2011). Ann Martin: Disrupting the Flow of Dirty Money. Retrieved from https://breakinggov.com/2011/09/20/ann-martin-disrupting-the-flow-of-dirty-money/