Futurist Roy Amara stated, “We tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run.” This captures the hype when new tech is played out in the press, followed by disillusionment when it’s not perfect day one.
The danger is getting trapped in this disillusionment cycle and thinking that this new technology is way out or the bugs will take years to figure out. We are entering a time where exponential change will take the place of step by step linear thinking, collapsing the time when major changes occur.
This analogy relates to on-premise accounting systems today. Remember when the cloud was on the fringe and only a few companies took the leap. Today the cloud is mainstream and companies stacking their servers in a back room are behind and liable for security breaches and much worse.
Sage Intacct is a true cloud solution, designed from the ground up and multi-tenant, giving all customers access to the same solution from the same cloud. It’s also the only cloud solution that is endorsed by the American Institute of Certified Public Accountants because it’s the best financial engine out there. Sage Intacct strategy follows best in breed too, they partner with the leaders of CRM (Salesforce) and other key areas to provide the best all-around solutions for the customer base.