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Financial Planners look to lower costs, lift efficiency using Cloud computing
The Australian Financial Review published a very interesting article in their print edition today. Among other industry pundits, this leading Australian business daily interviewed Wolf Schumacher, the Director of RewardSuper.
Read what Wolf and other experts had to say about Cloud Computing as used by the Australian Financial Planning profession:
- Cloud computing leads to a whole pile of servers in offices becoming redundant.
- The industry wants an online service that will allow planners to outsource administration tasks such as data entry,
- Security issues are of concern to some firms.
- Planners want better integration of professional software with investment platforms.
Posted by Wolf Schumacher
2011 InterSystems Tech Forum RewardSuper presentation
On Tuesday, 19 July 2011 we presented our journey to the Cloud at the 2011 InterSystems Technology Forum in Sydney. Annually, a bunch of technologists, who are using InterSystems' high performance development tools visit the Forum and watch presentations regarding new technical advancements, client experiences and, as in our case, recent client successes with InterSystems products.
While everybody else was presenting using Powerpoint, we used the fantastic Prezi.com presentation software, which runs in the Cloud and on the Desktop and provides for delivering non-linear presentations. Enjoy!
Author: Wolf Schumacher
Our public web site as a graph
If you like it, why don't you produce a graph for your own site.
Author: Wolf Schumacher
The Cloud is here to stay!
This month has seen a few very important endorsements for deploying and using the cloud for business. For example, in Australia, BGL Corporate Solutions announced their plans to introduce web versions of their widely used software offerings. It follows Supercorp who are already in the space with their superMate product. RSDataWeb interfaces with both firms' products.
SAP, the largest business software vendor worldwide, very recently released online deployment plans and partner programs at their annual Sapphire conference.
In June this year, Amazon Web Services APAC will be touring Australia with their offering of cloud infrastructures, giving Australian web infrastructure companies a run for their money as Amazon provides cloud hosting services geographically close by.
Additionally, innovative accounting firms look at partnering with software vendors that offer accounting solutions in the cloud for their business and private clients, such as Xero and Acclipse/Saasu.
These developments are great endorsements of the path RewardSuper has been going with SaaS / Cloud Computing since it was founded in early 2009. While it means that more offerings and potential competitors will come into our market, it also means that our Accounting and Advice market will even more readily accept Cloud Computing as the right way to go. It will also mean that traditional non-cloud vendors will most likely be in dire straits going forward.
Unfortunately, this month also saw some nasty surprises, which some industry observers directly related to cloud computing. There were computing problems a few big banks had; there was a blackout with web sites powered by Amazon and a number of other incidences made the news.
In assessing these issues, one has to remember, though, that most Australian banks run extremely complicated, very old legacy systems and that, contrary to any company internal computing problems, cloud computing incidences typically receive extraordinary attention by the media. Add to this unfounded rumours of a "cloud bubble", which was started in the media with Microsoft taking over Skype. Rest assured, the cloud economy is very different to the DotCom bubble ten years ago.
From our viewpoint as Cloud application providers we can say that private and public clouds are secure, exciting, scalable and the wave of the future. No business should miss out on this great opportunity of saving money and open up to new and advanced online business opportunities.
Author: Wolf Schumacher
