Crunching Numbers in the CloudLarry Ellison, the CEO of Oracle, dismisses cloud computing as merely the latestfashion in t...
computing solves this problem by putting the majority of files and data on aseparate server. This frees up hard drive spac...
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Crunching numbers in the cloud

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why, like Ellison, are some business leaders still hesitant to embrace cloud computing? Some insist that cloud computing is not cost-efficient. It is true that although cloud computing services reduce up-front infrastructure costs, they require monthly payments for data storage and updates.

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Transcript of "Crunching numbers in the cloud"

  1. 1. Crunching Numbers in the CloudLarry Ellison, the CEO of Oracle, dismisses cloud computing as merely the latestfashion in the computer industry. I suppose he also dismisses that more than one infive IT decision makers have deployed over half of their total applications to thecloud, according to the Cisco Global Cloud Networking Survey. Regardless of anydebate, cloud computing adoption rates are on the rise. According CDW LLC’s 2013State of the Cloud Report, 39% of organizations either already utilize cloudcomputing solutions or are currently implementing them. This number is up from28% in 2011.Maybe somewhat surprisingly, cloud computing is a very attractive option forbusiness accounting software. Accounting software takes up a significant amount ofhard drive space, especially for small and medium-sized businesses. Cloud
  2. 2. computing solves this problem by putting the majority of files and data on aseparate server. This frees up hard drive space for individual desktop computersand saves money that might have been spent on additional storage equipment.Several accounting software companies have already adopted cloudsolutions. QuickBooks Online offers cloud-based accounting that allows users totrack expenses, accept credit cards directly, activate payroll, and access data onmobile devices. Additionally, since September 2012, QuickBooks Online hasgone global, with some 130 countries utilizing the service.QuickBooks’ global expansion highlights another important benefit of cloudcomputing: today’s workforce is increasingly mobile and globally dispersed.The Citrix Workplace of the Futuresurvey states 24% of global companies allowemployees to work from anywhere. Cloud computing facilitates this workplace shiftby storing information in a centralized location that can be accessed fromanywhere, at any time, and on a variety of devices.So, why, like Ellison, are some business leaders still hesitant to embrace cloudcomputing? Some insist that cloud computing is not cost-efficient. It is true thatalthough cloud computing services reduce up-front infrastructure costs, theyrequire monthly payments for data storage and updates. Therefore, cloudcomputing may prove more expensive in the long run. Additionally, some cloudcomputing applications do not have as many features as their desktopcounterparts, including QuickBooks Online.For more information visit: http://bit.ly/13YOgPM

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