The Lighter Side Of The Cloud: Someday
The Lighter Side Of The Cloud – The Fog
The Lighter Side Of The Cloud – The Backup Reminder
The Lighter Side Of The Cloud – Cloudier
The Lighter Side Of The Cloud – The Escape

Fiscal Confessions: CFOs Sight Is Definitely Cloud Worth

Fiscal Confessions: CFOs Sight Is Definitely Cloud Worth

Prompted by the infamous Mat Honan hack attack, cloud computing has been exposed to severe criticism over the last couple of weeks, pouring in from even those like Steve Wozniak and company. The (needlessly excessive) denigration has, however, served little to diminish the cloud demand prevalent at the end of ventures and individuals alike. Following the footsteps of Chief Information Officers (CIOs) and top IT leaders, Chief Financial Officers (CFOs) have started exhibiting complete faith in cloud computing, a recent Google-backed study reveals.

The main research objective was to dig deep into how CFOs typically felt about cloud computing to see if the financial geniuses actually understood the cloud computing philosophy in its entirety. How beneficial would the cloud transition eventually be? To seek answers, Google reached out to about 800 CFOs originating from ventures located within Europe and the United States.

The results are in and the CFOs are certain of the cloud’s benefits. Remember that these are the folks who normally take pride in encouraging push-backs instead of forward leaps when adopting organization-wide novel technologies, unless the resulting gains are truly worth it. In this case, a hefty 81 percent of the interviewees are confident that implementing cloud technology would lead to improved employee performance and productivity. On top of that, a sturdy 71 percent are of the view that incorporating cloud computing would significantly dwindle the amount of time needed to transform product prototypes and conceptual service framework to a tangible state.

Within Europe, an approximated 67 percent of the respondents have either already endorsed or are planning to adopt cloud computing, whereas in the US about 52 percent of the surveyed CFOs declared that they constantly consider cloud-based systems in their ever-important IT roadmap and decision-making procedures.

Additionally, CFOs envision a significant decrease of the investment and operational costs, enhanced security, and considerable productivity boost inherent to the cloud-fueled freedom to collaborate with peers and teammates using cloud-based tools. Moreover, 69 percent of CFOs from Europe are positive that cloud computing emphasizes the innovation capacity of the concerned IT divisions.

The results of the survey are a vivid indicative of the fact that cloud computing enjoys unmatched popularity amongst the big guns – those who administer the money and call the shots. Logically speaking, arranging funds for initiating cloud-based projects within the organization should not be a problem; that’s good news for the IT people. CFOs have been prompt to sight the mammoth business benefits inherent to the cloud, and it’s about the rest of us to follow.

By Humayun Shahid

Humayun

With degrees in Communication Systems Engineering and Signal Processing, Humayun currently works as a lecturer at Pakistan's leading engineering university. The author has an inclination towards incorporating quality user experience design in smartphone and web applications.

One Response to Fiscal Confessions: CFOs Sight Is Definitely Cloud Worth

Recent

Cloud Vendor Benchmark 2015: Price-Performance Comparison

Cloud Vendor Benchmark 2015: Price-Performance Comparison

Cloud Vendor Benchmark 2015: 15 Top IaaS Providers  Cloud Spectator has released their Cloud Vendor Benchmark 2015 Part 2: Price-Performance Comparison Among 15 Top IaaS Providers today, cited as the industry’s most comprehensive study. Exposing the influence that performance can have on the overall value of the IaaS environment, this report is aimed at helping…

Finland and The Future of The Internet

Finland and The Future of The Internet

Finlands Internet Future In so many ways, the nations of Northern Europe seem to be a few steps ahead of the rest of the world – countries like Norway, Sweden, Denmark, and Finland are frequently singled out for praise in areas as diverse as education, technology, and sheer happiness (despite the grey skies and bitter…

Technologies That Work Nicely With The Cloud

Technologies That Work Nicely With The Cloud

New Technologies And The Cloud Asides from all the security concerns that has been in the news over the past while, there are still some very exciting and ambitious opportunities available for those who stick it out. Lets take a look at some of the more exciting emerging technologies that can be used in conjunction…

Popular Archives

Cloud Infographic – The Future Of Big Data

Cloud Infographic – The Future Of Big Data

The Future Of Big Data Big Data is BIG business and will continue to be one of the more predominant areas of focus in the coming years from small startups to large scale corporations. We’ve already covered on CloudTweaks how Big Data can be utilized in a number of interesting ways from preventing world hunger to helping teams win…

12 Promising Business Intelligence (BI) Services For Your Company

12 Promising Business Intelligence (BI) Services For Your Company

12 Promising Business Intelligence (BI) Services Business Intelligence (BI) services have recently seen an explosion of innovation and choices for business owners and entrepreneurs. So many choices, in fact, that many companies aren’t sure which business intelligence company to use. To help offer you a solution, we’ve compiled a list of 12 Business Intelligence companies…

Sponsors

The Many Hats Of Today’s IT Managers

The Many Hats Of Today’s IT Managers

The Many Hats of IT Managers In years past, the IT department of most large organizations was much like a version of Middle Earth: a mysterious nether world where people who seemed infinitely smarter than the rest of us bustled around, speaking and typing languages that appeared indecipherable, yet, which made our world work. They…

Selling Your Business To Your Employees

Selling Your Business To Your Employees

Mobility For Your Employees It may seem a radical notion, the idea of selling your business to the people who work for you, but this is the era in which we now work. Employees of all levels are all incredibly aware of their options when it comes to mobility and employability. This doesn’t mean that…

Established in 2009

CloudTweaks is recognized as one of the leading influencers in cloud computing, big data and internet of things (IoT) information. Our goal is to continue to build our growing information portal, by providing the best in-depth articles, interviews, event listings, whitepapers, infographics and much more.

CloudTweaks Comic Library

Advertising