Financial firms still stricken with fear of the cloud, survey shows

Picture credit: SeniorLiving.Org

Three quarters of businesses in the financial sector are still concerned about adopting cloud-based applications, according to survey data from the NCC Group.

The research, which surveyed CIOs from financial services firms with more than 1000 employees, saw that 72% of respondents fear the cloud because of concerns over data not being backed up, and issues of disaster recovery.

Two in five (40%) respondents aren’t currently using cloud...

By James Bourne, 08 October 2014, 0 comments. Categories: Adoption, Data, DisasterRec.

Joe Weinman, Cloudonomics author: What's the real reason to do cloud, again?

By Joe Weinman, author, Cloudonomics

Cloud computing is having a dramatic impact on all aspects of our lives: as consumers, we spend our time on cloud-based social networks and using apps downloaded from the cloud; as employees, we use a variety of cloud-based software applications; as citizens, we file our taxes and even encourage social transformation via the cloud.  For such a richly applicable general purpose technology, how can one begin to characterise its benefits?

The conventional answer is that...

By IEEE Cloud Computing, 03 October 2014, 0 comments. Categories: Adoption, Opinion.

3 ways to make the cloud work for your accountancy firm

Picture credit: Philip Brewer/Flickr

Your firm’s success is tied to the satisfaction of your clients. Providing the best financial services, regardless of the location or time, is possible with the cloud. The main attraction to the cloud is the fact that critical information can be stored securely and retrieved instantly.

Whether conducting a working lunch in a boardroom or reviewing files before a red-eye flight in an...

By Christopher Stark, 02 October 2014, 0 comments. Categories: Adoption, Economy.

What are the five most common challenges new cloud customers have?

Nigel Beighton, VP Technology, Rackspace, discusses the five most common cloud problems customers face, and how businesses can overcome these.

1.      Support

The most common cloud services complaint is the lack of support and management that comes when businesses are embarking on any level of cloud migration.

Businesses need to consider their wider approach to cloud operations first and ask themselves if they are going to run it internally, 24x7 or get someone else to do the hard work of scaling,...

By Rackspace, 24 September 2014, 0 comments. Categories: Adoption, Enterprise, SMEs.

Four in five SMEs “fully adapted” to the cloud by 2020, report forecasts

Four in five small businesses will be “fully adapted” to the cloud by 2020, according to a new forecast from software firm Intuit.

The figures, posted in a deck entitled ‘Small Business Success in the Cloud’, prognosticated that 78% of US SMEs would be au fait in six years, as opposed to the current adoption rate of 37%.

While this was the standout stat, the overall report gives off vibes similar to

By James Bourne, 11 August 2014, 1 comment. Categories: Adoption, Forecasts.

Aggressive cloud adopters get competitive advantage, roars latest research

The latest cloudy research paper this time arrives courtesy of US telco Verizon, and shows that companies who have shown faith with the cloud early are getting a competitive advantage through increased business agility.

The research, of Harvard Business Review readers, categorised users into four different groups; enthusiasts, moderates, cautious and non-existant on cloud adoption, and showed a higher predilection for enthusiasts (35%) than any other group. 34% of respondents were moderates, while cautious...

By James Bourne, 08 August 2014, 1 comment. Categories: Adoption, Research.