HCI (Hyperconverged Infrastructure): Fully integrated, software-defined infrastructure that combines compute, storage, and networking in a single system–deployable as a private cloud solution in a data center, on customer premises, or at an edge location. IaaS (Infrastructure as a Service): Cloud service model delivering virtualized computing resources–servers, storage, and networking—over the internet on a pay-as-you-go basis, eliminating the need for on-premises hardware. RTO / RPO (Recovery Time Objective / Recovery Point Objective): RTO: the maximum tolerable downtime after a failure before operations must be restored. RPO: the maximum acceptable data loss measured in time. Both define the minimum requirements for a disaster recovery solution. SaaS (Software as a Service): Cloud delivery model in which software applications are hosted and maintained by a vendor and accessed by users via internet subscription–eliminating on-premises installation and maintenance. TEM (Technology Expense Management): Practice and tool-set for tracking, auditing, and optimizing an organization’s cloud and telecom spending—identifying unused subscriptions, contract inefficiencies, and cost reduction opportunities.
PATHWAY 6: CLOUD SERVICES BCDR (Business Continuity and Disaster Recovery) : Combined strategy encompassing both the technology infrastructure (cloud backup, failover systems) and documented procedures for maintaining business operations during and after a disruptive event. FinOps (Cloud Financial Operations): Practice that brings financial accountability to cloud spending, enabling organizations to make data-driven decisions about cloud resource allocation and eliminate waste. Studies show approximately 21% of enterprise cloud infrastructure spend is wasted on underutilized resources. encrypted immediately at the point of capture and remain encrypted until it reaches the payment processor—preventing interception during transmission. OMS (Order Management System): Software platform that centralizes and automates the tracking of customer orders from point of sale through fulfillment, shipping, and returns, providing real-time visibility across all channels. mPOS (Mobile Point of Sale): Portable payment processing solution enabling businesses to accept card and contactless payments anywhere—via tablet, smartphone, or dedicated mPOS device— without a fixed register.
© 2026 ScanSource, Inc. | Data verified Q1 2026 | All statistics sourced and cited for partner verification
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