Cloud computing can help reduce corruption in businesses

Grazed from MuscatDaily. Author: Editorial Staff.

Cloud computing in business transactions can help reduce corruption, according to Gergi Abboud, managing director of the Gulf region at SAP. He was speaking at the SAP Forum Oman 2014, which was held on Monday at InterContinental Muscat. The event was attended by local and regional experts from SAP. Transparency is one of the factors that cloud computing ensures, said Abboud. “Business transactions using cloud computing are more transparent as the whole process is automated and can limit corruption attempts,” he said.

In 2013, the demand for cloud computing from companies in the Middle East saw a growth of 300 per cent. According to a press release from SAP, a forecast by Business Monitor International stated that Oman’s IT market is likely to be worth RO174mn in 2014, up from an estimated RO164mn in 2013. Deniz Kilyar, director, line of business, cloud and mobility, SAP, said that predictability of budgets for businesses is one of the very important services that SAP cloud computing provides. “It later enables the possibility of support and upgrading.”…

Commenting on the spread of SAP in the Middle East Region, Mega Kumar, research manager, International Data Corporation in Dubai, said that 71 per cent of chief information officers prefer cloud computing because of cost effectiveness, while 50 per cent preferred it due to scalability. “Many businesses prefer going to cloud computing because of its reliability and effectiveness,” she said…

Read more from the source @ http://www.muscatdaily.com/Archive/Oman/Cloud-computing-can-help-reduce-corruption-in-businesses-315j

Subscribe to the CloudCow bi-monthly newsletter @ http://eepurl.com/smZeb