By Mark Sutton Published February 22, 2015
Concerns about cloud data security are holding back SMEs from gaining the benefits of cloud solutions, according to a new study conducted on behalf of 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 firms are reluctant to adopt cloud computing apart from only the most common uses such as email and file sharing. 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.
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