The Many Benefits of Accounting in the Cloud
The fundamental ideas that underlie cloud computing have been around as long as digital computers. The concept of a mainframe computer, which provides all the computing resources to satellite machines or terminals, has been in use since the late 40s. But with the advent of the personal computer, which, starting in the 1980s, began getting powerful enough to perform a wide variety of computing tasks, including running large-scale applications, the mainframe and terminal model of computing began losing favor, eventually becoming a specialty model used only by the largest companies.But with the rise of the internet and the extremely fast networking speeds that began appearing in the early 2000s, the idea of central computing came roaring back with a vengeance. Today, the cloud, the use of...