Failing to Adopt Cloud Technology Despite Benefits.



It is unfortunately clear, that a set of firms are reluctant to adopt cloud computing apart from only the most common uses such as email and file sharing, due to unfounded fears over data security. 


As you can learn and uncover here, the benefits of cloud technology are unmatched and stunning over any fears about privacy security concerns, henceforth solved.  

According to a new academic study sponsored by the Chartered Institute of Management Accountants (CIMA), Researchers from the University of Greenwich, Dublin City University and the Witten/Herdecke, WHU - Otto Beisheim School of Management have found that: Only one in four firms (25%) have adopted cloud technology for business systems with even fewer (19%) making use of the cloud for financial accounting. Less than a third (31%) use cloud computing for customer relationship management. 


 “Despite an appreciation of the advantages of cloud technology in general, our research shows that firms are holding back in key business areas, particularly in their management accounting and finance systems. Data security concerns are valid but overstated and businesses need to better understand the security, cost-savings and flexibility they can gain from adopting cloud technology,” said Dr Martin Quinn, Management Accounting Lecturer at Dublin City University.

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