Business

Do your research before getting into cloud technology

Tina Zawila, CEO of Sothertons, Gladstone.
Tina Zawila, CEO of Sothertons, Gladstone. Contributed

RECENTLY, Steve Marsten and I spent two days in Sydney attending the annual Accountants Technology Showcase Australia conference, immersing ourselves in technology.

To say that technology is moving quickly is an understatement.

However, with all of the advances in technology, are we working smarter and more efficiently, or are we only using a small part of the capabilities and capacity of our IT systems and software?

A comment was made at the conference that "work is something I do, not somewhere I go".

It's true. Armed with a mobile device and a good internet connection, it is possible to work or do business anywhere.

Enter the era of the "cloud". This was certainly the most talked about topic at the conference - what is it, where is it, how does it work?

The cloud is not so much new technology; it is just that it is becoming more widely available to businesses of all sizes and to the general public.

For the first time since the dawn of computers, input is exceeding output.

We are uploading data - information, photos, ideas etc - at a staggering rate.

Businesses are using the cloud to store and share data, to record financial information via online accounting systems and to market the business worldwide.

However, before you sign up for cloud-based technology for your business, there are some key questions you should ask.

Does the software meet your needs and requirements? Will it grow with your business? What is the cost?

What do you know about the cloud provider? How long have they been in business, how financially stable are they, do they have references?

Where is your data actually stored?

Storage sites vary widely in terms of security, replication and back-up policies. Who owns your data?

What happens if you want to leave the provider?

How reliable and strong is your internet connection?

What support is offered and what are the response times?

The marketplace is being flooded with software and IT providers entering this space - they see the opportunity.

So buyer beware. Do your research. Talk to others, particularly your accountant/business adviser.

At Sothertons, we are committed to staying in touch with the latest technology and are happy to assist you with any questions you may have. Call us on 4972 1300.

Topics:  cloud computing financial advice gladstone sothertons



SUNDAY SAY: Honour Earth's charter

A fisherman walks on the shores of the Arabian Sea, littered with plastic bags and other garbage, in Mumbai, India, Sunday, Oct. 2, 2016. India is scheduled to deposit the ratification instruments of the Paris Agreement on Climate Change with the United Nations on Sunday, the anniversary of Mahatma Gandhi's birth, who believed in a minimum carbon footprint. India accounts for about 4.5 percent of emissions. (AP Photo/Rafiq Maqbool)

Are we honouring our own writing on the Earth?

Clarence teen showgirls come back winners

The Group One Miss Teen Showgirls with Lismore MP Thomas George, the Woodenbong Show president and judges.

Junior showgirls return with prizes

Local Partners

Un-American tale makes Lion weakest link in Oscars line-up

PSYCHOLOGY researchers find US films and actors most likely to win accolades at the Oscars.

Can rightful winner Midnight take out golden Gosling in Oscars?

Can Lion pip La La Land at the post in this year's Oscars? Sunny Pawar (pictured) helped bring a powerful film to the big screen.

WILL Aussie film Lion triumph or will popular La La Land prevail?

How to be spooky and sing like a man

Spooky Men's Chorale, looking a little less spooky, on Saturday morning at their masterclass.

A masterclass on how to be a spooky man (or woman).

Living End, Grinspoon stars hit stage for American Idiot

Chris Cheney of The Living End stars in the Australian production of Green Days musical American Idiot at Brisbane's QPAC Theatre.

TAKE a look behind the scenes of Green Day's American Idiot musical

Samuel L Jackson dismisses La La Land ahead of Oscars

Ryan Gosling and Emma Stone in a scene from the movie La La Land.

Hollywood actor and Oscars voter says Denzel should win top gong

Former Family Matters stare accused of child abuse

Reginald VelJohnson, left, and Darius McCrary arrive at the TV Land Awards on Sunday, April 19, 2009 in Universal City, Calif.

Darius McCrary has been accused of child abuse

The trick homeowners are using to buy more properties

Chantelle Subritzky leaves her home each week for Airbnb guests.

Queenslanders are going down this path to help pay their mortgages

Stunning home blends South Pacific beauty with Orient style

Immaculate residence with two outdoor living areas

Historic home 'Fairweather' up for action

Fairweather

Historic property owned for last 35 years up for sale

A piece of Clarence Valley heritage up for grabs

The historic house \"Ravensford\" located at 36 Villiers St in Grafton is currently on the market at McKimms Real Estate.

Take a look inside iconic home 'Ravenford'

$140k damage: landlord says property trashed, contaminated

He had what he calls "the tenants from hell"

Ready to SELL your property?

Post Your Ad Here!