SAN JOSE, CA, September 18, 2010 (Press-News.org) Proformative, The Resource for corporate finance, accounting, and treasury professionals, today announced the results of an extensive survey of CFOs, Controllers, and other financial professionals regarding the use and understanding of Cloud computing and 'software as a service,' or 'SaaS.'
The survey was designed to elicit critical information on what could be the largest change in technology platforms since the emergence of the Internet. Proformative received 432 responses from executives and directors around the country, with responders representing companies of all sizes.
Overall, the responses indicate the economics of cloud computing are encouraging small- and mid-sized companies to adopt the new technologies quickly, while bigger companies are either waiting on the sidelines or adopting the technologies on a divisional or business unit level to 'try them out.'
"The Proformative survey tells us that CFOs, controllers, treasurers, and others who hold many of the keys to a company's profit are moving forward with some sense of caution," says John Kogan, CEO of Proformative. "But it's also clear that smart companies are paying close attention to what is essentially a new way of doing business."
According to Kogan, the three most important inferences to be drawn from the survey results are:
• Cloud Computing and SaaS will be critical to companies over the next few years, and CFOs feel like they are already "behind the curve" and need to be educated,
• Cloud Computing and SaaS reduce IT CapEx and OPEX and create a direct link between IT consumption and cost, and
• Cloud Computing and SaaS have delivered to many firms higher ROI, increased collaboration, and greater confidence in systems and their business value.
"It's obvious that Cloud Computing and SaaS-based applications are transforming the way that many firms will consume IT services and applications over the coming years," says Kogan. "We can't say the technology will be for every company, but we will say that every company needs to take the time do the investigation."
Proformative recently released a comprehensive white paper titled "Cloud Computing and SaaS: What Every Finance Professional Needs to Know" for CFOs and IT leaders considering their position on this emerging technology. The firm is also making available videos of recent seminars on the topic at its Cloud Computing and SaaS resource center.
Anyone in the world of corporate finance, accounting, and treasury can take advantage of Proformative's valuable resources and vibrant professional community by registering at http://www.proformative.com.
About Proformative
Proformative (www.proformative.com) is a free and open resource and community dedicated exclusively to serving the needs of corporate finance, accounting, treasury, and related professionals. Founded in 2009 in Silicon Valley, Proformative is community-driven and delivers a productive, 'noise-free' environment for its members. Proformative's members find free resources and a community of their peers that enable them to learn and get work done.
Economics Of Cloud Computing Too Compelling To Ignore According To Proformative Study
National Survey Of Corporate Financial Executives Reveals Accelerating Adoption Among Smaller Companies
2010-09-18
ELSE PRESS RELEASES FROM THIS DATE:
Baer 6 Star Services opens in St. Paul
2010-09-18
St. Paul residents have been asking and now Baer 6 Star Services has answered by opening up shop as St. Paul's first online resource with regional presence. While still reeling from the great recession of 2009 all the while still bracing for either a double-dip in 2011 or a slow and burdensome recovery in '11, people in the area are in need of a comprehensive package of services aimed at a personal recovery- economically; and Baer 6 Star has that in their small business and economic service products line.
Looking for ways to increase their cash flow, and utilize merchant ...
Decker 6 Star Services launches site directly for Idaho consumers
2010-09-18
Idaho residents have been asking and now Decker 6 Star Services has answered by opening up shop as Idaho's first online resource with local presence. With their online platform succinct at http://www.decker.6starservices.com the company is able to reach consumers across the vast expansion known as the Idaho frontier, with great excitement the company is now able to offer their bundle of comprehensive package services aimed at recovery economically. Decker 6 Star has that in their small business and economic service product line and with the economy hitting the state hard, ...
Where to Find the Best Steak Dinner in St Louis
2010-09-18
George Tompras and his sister, Renee Bogdanos, were raised in the restaurant business. Taking over Kreis' Restaurant from their father, Byron, who died in 1989, the pair has worked hard to keep alive his passion for food.
The restaurant—which was originally owned by Fred Kreis, who retired in the 1960s —has kept its menu fresh over the years. The appetizer list includes chilled pickled herring in cream, "jumbo lump" crab cake, French-fried eggplant, smoked Maine salmon, and chilled Gulf jumbo shrimp—all for under $10.
But the main event, of course, is the steaks. ...
PR & Marketing Seminar Promotes Education, Networking
2010-09-18
The North Carolina Chapter of the Public Relations Society of America (NCPRSA) is partnering with other professional organizations to present the Public Relations & Marketing Seminar 2010, to be held Nov. 3 at the Friday Center in Chapel Hill. This full-day event is continually rated as "highly valuable" by the public relations, marketing, advertising and communications professionals from throughout the Southeast who attend.
This year, NCPRSA is proud to partner with the Tar Heel and Nashville PRSA Chapters, as well as International Association of Business Communicators ...
Favorite Custom Promos in contention to be New York's premier promotional supplier
2010-09-18
The Favorite Custom Promos Company announces they are offering wholesale pricing on their entire e-catalog via their website www.Favorite Custom Promos.com; providing apparel, accessories, and other promotional products to all residents of New York. In large part this discount program aimed at local residents is the company's way of saying thank you for the years of continued support. With major business's closing their doors daily, and small local retailers shutting down by the hour, when a local business is able to stay open and keep offering their products it doesn't ...
Dollar Tree Signs Lease at Doheny Village Center
2010-09-18
Parker & Associates, Inc., a seasoned boutique retail brokerage company, is proud to announce that Dollar Tree has signed a lease at Doheny Village Center. Dan Parker, president of Parker & Associates, Inc. represented the landlord in negotiations for the 12,123 sq ft anchor space at 34131 Doheny Park Road, Capistrano Beach, CA 92624. John Beaney of Studley represented the tenant.
The new Dollar Tree space will be created by splitting the former Stats Floral Supply into two spaces. The remaining 14,377 sq ft of vacant space is currently under negotiation and Dan Parker ...
New Promo Plus gives shows enormous financial support to community
2010-09-18
The New Promo Plus Company announces they are offering end of the year pricing on entire online catalog. As one of Oklahoma's fastest growing online promotional purchasing vehicles; www.New Promo Plus.com is providing apparel, accessories, and other promotional products to all who choose to take advantage of their warehouse pricing and streamlined supply chain methods. The Oklahoma based discount application is primarily for those who reside within the state or are maintaining there residence while temporarily abroad, but the site itself is available to all via the internet. ...
Psychsoftpc announces that the Psyborg Extreme Workstation Master Edition now features the Fermi based NVidia Quadro 5000 GPU
2010-09-18
Psychsoftpc, a Massachusetts based US high performance computer manufacturer, announces that the Psyborg Extreme Graphics Workstation Master Edition, available in Windows 7 Ultimate and SUSE Linux SLED versions, now features the Fermi based NVidia Quadro 5000 GPU. The Quadro 5000 professional graphics card, delivers up to 4x faster performance than the previous generation across a broad range of design, animation and video applications. Featuring a new Scalable Geometry Engine technology, the Quadro 5000 can process up to an amazing 950 million triangles per second, setting ...
Custom Ad Specialties Online seeking craziest story of Atlantic City vacation
2010-09-18
The Custom Ad Specialties Online Company wants to hear about the craziest vacation ever in Atlantic City in latest contest with winner to be given year long discount on entire catalog of products. As a promotional company with roots in the Atlantic City region, and the ability to provide their products all across the US and abroad - via online business platform- CAS Online has taken stake as the area's dominant supplier of all things promotional. Due to their popularity with small business vendors and consumers alike CAS Online has become the benchmark of success as well ...
Hot Pro Products launches a 5 bourough promotion campaign
2010-09-18
The Hot Pro Products Company, of Brooklyn, has taken a lead in the race to be the outer borough's first choice for all items relating to Brooklyn and NYC promotions and recently have become the area's premier vendor- based on market inundation and product availability. Throughout the state there are numerous options for City related apparel and other supporting materials but none have the concentration of products or the level of craftsmanship for their embroidery, this is the primary reason as to why local bloggers and mystery shoppers alike are raving of their experiences ...
LAST 30 PRESS RELEASES:
Nationwide study looks at when and where EV owners use public charging stations
A new discovery about the source of the vast energy in cosmic rays
Cancer ‘fingerprint’ can improve early detection
Rethinking the brain pacemaker: How better materials can improve signals
Allostatic load, educational attainment, and risk of cancer mortality among us men
Flaw in computer memory leads to global security fixes
Race, ethnicity, and sleep in us children
Geriatric surgery verification program can improve outcomes for older cancer patients in community hospitals
Pew funds 8 teams to conduct collaborative biomedical research
Finding innovative ways to address kidney cancer leads to DoD grant
Americans are uninformed about and undervaccinated for HPV
KTU scientists developed a nanolaser: silver nanocubes enable light generation
Insilico Medicine nominates orally available pre-clinical candidate targeting NLRP3 to treat inflammation and central nervous system diseases
PLOS receives $3.3 million grant to support Open Access publishing & business model transformation
HBx facilitates drug resistance in hepatocellular carcinoma via CD133-regulated self-renewal of liver cancer stem cells
ASN congratulates members for their role in the development of the Scientific Report of the 2025 Dietary Guidelines Advisory Committee
Late-stage breast cancer diagnosis on the rise in US
Brain volume changes seen in opioid users
Ultra-processed foods may drive colorectal cancer risk, USF-TGH study finds
Two Case Western Reserve University faculty members honored as Fellows of the National Academy of Inventors
How this cancer drug could make radiation a slam dunk therapy
National TRAP Program funds large-scale cleanup of discarded fishing gear
Using ‘biological age’ to predict early colorectal cancer risk
National Academy of Inventors announces Class of 2024 Fellows
SwRI showcases capabilities, evaluates novel fire-safety method with customized test
Caring for the emotional and spiritual needs of family members of ICU patients
Navigating crises: The financial adaptations of NGOs during the COVID-19 pandemic
Early life exposure to toxic chemicals may cause behavioral, psychological problems
AI predicts Earth’s peak warming
Risk of coronary artery disease in patients with liver cirrhosis: A systematic review and meta-analysis
[Press-News.org] Economics Of Cloud Computing Too Compelling To Ignore According To Proformative StudyNational Survey Of Corporate Financial Executives Reveals Accelerating Adoption Among Smaller Companies