Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Cloud2Me Survey Unveils Major IT Hurdles Faced by Accountants in Cloud Migration

by November 25, 2024
November 25, 2024
Cloud2Me Survey Unveils Major IT Hurdles Faced by Accountants in Cloud Migration

Cloud2Me’s latest survey conducted at AccountEx Manchester sheds light on the significant challenges accountants face when transitioning to cloud-based IT solutions.

In an era where digital transformation is the key to staying competitive, many accounting firms are grappling with complex IT setups and the obstacles that come with moving to the cloud.

According to the survey, nearly half (46%) of accountants surveyed operate with a hybrid IT setup, combining both cloud and server-based applications. Just over a quarter (27%) have fully embraced cloud-only (SaaS) solutions, demonstrating a growing shift toward digital-first operations. Yet, the survey also highlights the persistence of more traditional setups, with 11% of firms still using hosted desktop providers and 14% relying on office-based servers to run their desktop software.

However, it’s not just about the choice of infrastructure—it’s about overcoming the obstacles that cloud migration presents. The survey reveals that accountants are facing significant hurdles as they attempt to modernise their IT systems, with the top three cited reasons being:

A lack of time and headspace
A shortage of internal IT experience
High migration costs

Other significant barriers to fully adopting the cloud included concerns about downtime, uncertainty about uncapped cloud-related costs and an ongoing preference to accountancy desktop apps to their cloud versions!

“Accountants are navigating a difficult landscape when it comes to IT transformation,” said Jack Bedell-Pearce, Cloud2Me’s Business Development Director who was at the convention. “Our survey highlights that many are embracing a ‘best of both worlds’ approach as evidenced by nearly half of all respondents opting for a hybrid approach. Those that are struggling to make the transition to hybrid are mostly worried about the migration process. This doesn’t have to be as difficult as it sounds, especially if they opt for a Hosted Desktop setup, where companies like Cloud2Me can effectively clone, virtualise and migrate their existing hardware setup relatively easily.”

Another key finding from the survey is how IT management responsibilities are handled across firms. While just over a third (38%) have in-house expertise (usually a Partner or Director with IT experience), a whopping 59% of firms continue to rely on local IT support providers (MSPs). While this has traditionally been a good model for practices running in-house servers for their accountancy applications, generalist MSPs may not have the relevant expertise to virtualise such specialist software. This in turn would explain our top three challenges to the adoption of a hybrid/cloud setup – a lack of experience, time and high cost.

About Cloud2Me

Cloud2Me specialises in cloud migration and IT solutions, tailored to help businesses make the transition to cloud infrastructure. With a focus on efficiency, cost reduction, and minimising downtime, Cloud2Me partners with firms of all sizes to deliver scalable, secure, and future-proof IT solutions. For more information, visit Cloud2Me’s website.

Read more:
Cloud2Me Survey Unveils Major IT Hurdles Faced by Accountants in Cloud Migration

0
FacebookTwitterGoogle +Pinterest
previous post
Hezbollah fires barrage of rockets into Israel after IDF targets Hezbollah command centers in Beirut
next post
How the NHS Can Offer a Consistent Bariatric Service

You may also like

New report finds older workers are the key...

September 20, 2023

New York working hours increase by 2.4% but...

July 10, 2024

Ikea to Hire Virtual Staff for £13 an...

June 7, 2024

How do you choose the right precious metals...

January 25, 2023

Reeves’ tax raid spells ‘game over’ for North...

July 29, 2024

Rolletto’s Top Slots You Need to Try Right...

April 3, 2025

Record number of Americans apply for UK citizenship...

May 25, 2025

Rolls-Royce and Bentley accelerate over the past 12...

January 10, 2023

Lidl increases pay to match Aldi in battle...

May 12, 2024

Rishi Sunak: UK economy is on the right...

March 5, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump warns of ‘serious consequences’ if Elon Musk funds Democrats

      June 7, 2025
    • Musk jokes about reconsidering stance on Big Beautiful Bill after Schiff’s praise

      June 7, 2025
    • Musk deletes explosive posts about Trump and Epstein files

      June 7, 2025
    • House witness flips script on Dem who ambushed him during hearing with unearthed tweet: ‘Iceberg is ahead’

      June 7, 2025
    • Call with China’s Xi, and Trump-Musk exchange fueled barbs during 20th week in office

      June 7, 2025
    • Trump’s conservative allies warn Congress faces critical ‘test’ with $9.4B spending cut proposal

      June 7, 2025

    Categories

    • Business (8,152)
    • Investing (2,019)
    • Politics (15,568)
    • Stocks (3,136)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved