At present, half of firms are already adapting cloud computing in their business processes after being convinced of the technology’s benefits. According to a new research by Spiceworks, a social business network company, a good 46% of the total 1,200 small and medium-sized businesses is already using this online accounting.

In CloudPro’s report, this figure reflects an increase from what only used to be 28% who were using the Australian accounting software earlier in 2011.

"Despite market fluctuations, 2011 proved to be a great year for disruptive technologies as SMBs increasingly adopted tablet computers, cloud services and virtualisation technology," says Jay Hallberg who is the co-founder and vice-president of marketing at the research study.

This development may be attributed to the cloud’s easier IT management with the use of the internet as well as its secure off-site storage of data which are deemed necessary by business enterprises.

Setting cloud computing apart from other hosting services is the fact that data are being stored and handled independently by the service provider. This also further means that the data are kept confidential.

"Cloud computing has been on the business radar for some time and our report proves that we are at the tipping point for mass adoption among small and medium-sized businesses.” This is according to Chris Stening. Managing director of Easynet Connect.

The only concern seen by the same study is that some firms are neglecting to take steps at raising their security levels to cope with the demands of cloud computing.

It may be recalled that there was a prediction by Rob Lovell, Chief Executive at ThinkGrid, that 2010 was going to be a year for cloud computing providers to grow and reassure businesses of the technology’s safety and features.

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