Should Accountants be using the “Cloud”?

In my last post I mentioned two big, big driver that make the “cloud” something that accountants and their firms need to embrace for the reasons of cost, convenience and speed.

Here is an extract from an article titled  “Aussie companies lead the way with cloud computing” written by Michelle Hammond which appeared last year on the website. Although it is over a year old it raises some excellent points. It’s a good read 🙂

Australia is leading the way in the adoption of cloud computing in the Asia Pacific region, but companies continue to be cautious about the workload of moving to the cloud, according to a new report.

Business research and consulting firm Frost & Sullivan recently released a report, titled State of Cloud Computing in Australia: 2011, as part of its cloud computing research program.

According to the report, 43% of Australian companies now use cloud computing in some form, while 41% of IT decision-makers say cloud computing will be a top priority in the current fiscal year.

The figures confirm the findings of another survey by technology giant IBM, which reveals 60% of chief information officers in Australia and New Zealand plan to implement cloud computing over the next five years, compared to 39% two years ago.

According to Frost & Sullivan, companies value cloud computing due to the reductions to capital and operational expenditure, cost savings, increased business agility, and the ability to deliver IT on demand.

Their report also provides a breakdown of the main cloud computing deployment models:

Public clouds are typically offered via a web application or as web services over the internet, and involve applications such as customer relationship management, messaging, conferencing, payroll and office productivity.

Private clouds are owned by the user company and/or a service provider deployed inside a corporate firewall.

Hybrid clouds involve a combination of public and private cloud services.

According to the survey, hybrid cloud deployments are the most popular model in Australia, adopted by 22% of companies, compared to 18% of companies using public clouds.

Not a lot to add here. If the cloud is good enough for so many of the above businesses then why not accounting firms? Go the cloud!