Potential Beneficiaries of Cloud Accounting technology: small or large Companies? Cover Image

Potential Beneficiaries of Cloud Accounting technology: small or large Companies?
Potential Beneficiaries of Cloud Accounting technology: small or large Companies?

Author(s): Bogdan Stefan Ionescu, Cristina Prichici
Subject(s): Social development, Social Informatics, ICT Information and Communications Technologies
Published by: Editura Universităţii din Bucureşti
Keywords: cloud; small companies; corporations; benefits; challenges;

Summary/Abstract: The article addresses the issue of Cloud Computing concept from the perspective of its implications on the business environment. In this respect we have analyzed the changes brought by the new technology which come to connect the discontinuities between the IT solutions adopted by small and medium organizations and those adopted by large corporations. The article analyzes the benefits and limitations of cloud both in terms of small companies and in terms of more developed entities. Whatever the size and type of organization but especially for SMEs Cloud provides a competitive advantage by providing access to affordable, reliable and flexible IT solutions that allows them to operate more efficiently among their competitors in the market.

  • Issue Year: 2013
  • Issue No: 17
  • Page Range: 282-292
  • Page Count: 11
  • Language: English