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Interviewed by Rick Cutter, Managing Director, Cloud for UtilitiesAugust 15, 2019 During the Cloud for Utilities Summit last November 2018, Rick Cutter, managing director of Cloud for Utilities, sat down with Calvin Butler, CEO of Baltimore Gas and Electric (BGE) to discuss Butleŕs career path and his decisions along the way that led to his […]

August 20, 2019 During the Cloud for Utilities 2018 Summit last November, Managing Director Rick Cutter sat down with Andrew Jornod, CEO of VertexOne to discuss the utility industry and its evolution to a more cloud-based business infrastructure. VertexOne, headquartered in Texas, is a market leader in North America for customer experience solutions for utilities […]

WASHINGTON, Sept. 6, 2018 / PRNewswireCloud for Utilities today announced its Industry Consortium, which aligns industry thought leaders from utility companies and leading technology firms to establish best practices related to cloud computing and digital solutions for the utility industry.In addition, Cloud for Utilities announced a collaboration with Oracle – a flagship Technology Partner of […]

A resolution passed on November 16, 2016 by the National Association of Regulatory Utility Commissioners (NARUC) at its 2016 Annual Meetings in La Quinta, California, encourages State regulators to consider whether cloud computing and on-premise solutions should receive similar regulatory accounting treatment.The organizatiońs Resolution Encouraging State Utility Commissions to Consider Improving the Regulatory Treatment of […]

The latest report from Global Cloud Accounting Software Market provides future predictions on its market based on company, product type, application and key regions. This report is critical for manufacturers of Cloud Accounting Software as well as industry experts and other stakeholders. The top players in the Cloud Accounting Software Market include Intuit, Sage, SAP, […]

Infor is an industry leader when it comes to providing industry-specific cloud applications and was recently named as a Leader in the Gartner 2018 Magic Quadrant for Enterprise Asset Management Software. According to Gartner, leaders in this field offer broad and deep EAM offerings, proven success in moderate- to high- complexity environments, participate in a […]

This yeaŕs EY Global Information Security Survey 2018-19 (GISS) of more than 1,400 C-level cybersecurity and risk leaders examined the most urgent concerns about cybersecurity and efforts to manage them.Key findings – on the negative side: 87% of organizations operate with a limited budget to provide for the level of cybersecurity and resilience they require […]

FASB issued a proposed Accounting Standards Update (ASU) on Thursday that would clarify the accounting for implementation costs related to a cloud-computing arrangement that is a service contract. The proposal also would add new disclosure rules for implementation costs for internal-use software and cloud-computing arrangements.

In August 2018, the Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) that reduced complexity for the accounting for costs of implementing a cloud computing service arrangement.   Existing U.S. Generally Accepted Accounting Principles (GAAP) were deemed unnecessarily complex by stakeholders and were updated to reflect emerging transactions in cloud computing arrangements […]

Several years ago barriers abound for companies looking into adopting cloud computing technology, including the costs among cloud providers and the debate over cloud vs. on-premise data centers and software. Today, these barriers are far less of a concern and the conversation has moved on from the “should we do it” mentality to focus on […]