From LabLynx Wiki
Jump to: navigation, search
Small Businesses' Confidence in Cloud Accounting 2015[1]
A natural consequence of the advent of the internet, cloud computing is essentially the process of using web-based computers to process information, while users need only a browser to do their business. After initial concerns about storing valuable data offsite were addressed by purpose-built cloud infrastructures that concentrated on data protection and security to the highest standards available anywhere, it became apparent that such infrastructures actually made data safer than many self-hosted IT networks. Today 64 percent of businesses are at least experimenting with cloud, with 13 percent already professing complete confidence for mission-critical applications.[2] Alert to the future implications of the internet as far back as 1996 when ELab was being initially developed as the world's first web browser-based LIMS, LabLynx was already envisioning a cloud-hosted industry. So we were always perfectly poised for when technology became sufficient and businesses began to see its value.

The value of cloud hosting and computing can be found in its[3][4]:

  • Scalability: Expanding (and contracting) operations to suit conditions is considerably easier when you don't own your own servers, employ IT infrastructure personnel, etc. That makes businesses more efficient and thus more viable, even in the face of unfavorable circumstances or difficult economic environments.
  • Coordination: When data are in the cloud, they can be accessed simultaneously from anywhere, and versions of files are easily controlled. Timestamps are consistent.
  • Geographic Irrelevance: Increasingly, companies minimize time and costs of commuting and traveling by working from home and/or communicating via Skype, GoTo Meeting or similar video-conferencing programs. The cloud supports this since apps are available any time, from anywhere. Additionally, collaboration is made simple, from anywhere on the planet.
  • Cost: Obviously, the costs of maintaining its own complex IT network can be significant for any business, and this has meant that for a long time smaller organizations have been at a disadvantage. With the cloud, economies of scale mean that any size lab, agency or project can enjoy the benefits of the latest technology without the overhead.
  • Smooth Operations: Built-in redundancy, fail-over, updates and backups mean that operations are rarely disrupted, and that means greater productivity.
  • O'Loughlin, E.. "Consumer Confidence in Cloud-Based Accounting". Software Advice. Retrieved 4 October 2016. 
  • Vizard, M. (27 June 2011). "The Impact of Cloud Computing". IT Business Edge. QuinStreet, Inc. Retrieved 19 September 2016. 
  • Eisner, D. (19 June 2014). "The BIG Impact: How Cloud Computing is Changing the Face of Small Business". CircleID. Iomemo, Inc.. Retrieved 19 September 2016. 
  • "Benefits of cloud computing". Business and industry portal. Queensland Government. 4 May 2016. Retrieved 19 September 2016.