Wednesday, February 17, 2010

Cloudy Computing

Have you heard the term cloud computing? Seems it’s one of the new technology buzzwords everyone is talking about. As I understand it cloud computing is the process of delivery of hosted services over the Internet. The user is given online access to various business applications while the software and the data are stored remotely on the servers of the entity offering the service. This seems like a pretty good deal to me. There appears to be a number of advantages, both cost savings and efficiency, to cloud computing. For example:

· You always have the most current version of the software.
· You don’t have to purchase the hardware and software and then hire someone to keep it running.
· Your data is stored off site so if you experience a catastrophe your data is safe.
· You only pay for the services (time) you use and you can have as much or as little as you want.
· You don’t have to worry about backing up your data.

Could this be the future of accounting? What do you think?

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