The Blog

Is Xero stealing MYOB’s future in the cloud?

Posted on 29. Mar, 2010 by Steve in Cloud Computing, Small Business

Xero is a New Zealand based public company (XRO.NZ) that create accounting software that you can access from anywhere, much like hotmail, gmail or your Internet banking. I say Internet banking here because many Internet users want their Internet banking to be completely safe and secure, no matter how they feel about their email, even though both are very secure.

An article was written in BRW which highlights the challenges and potential future of this model of software delivery: http://bit.ly/9SNbam and most interesting of all is that Craig Winkler, co-founder of MYOB, which was taken over early 2009 by private equity, is now a major shareholder after an injection of $18M.

For us as computer software users and you as EzyLearn customers MYOB is still the market leader in Australia and you can do our online course for $199 with 12 months access and unlimited repeats (gratuitous plug). The future is focussed on making it possible to work together more effortlessly with our accounting datafile and take advantage of fantastic data centres that store our information securely, provide data security and a first grade backup service.

I wholely embrave cloud computing as I delve into cloud computing for telephony (www.cloudpbx.com.au has already been very succesful for our business), as a CRM (currently looking into www.salesforce.com as a means to keep track of clients and correspondence), and for email communications (using Gmail and Google apps). Stay tuned for feedback and comments about my experiences.