The benefits of using cloud technology in Bosnia and Herzegovina
The primary goals of the research are to identify the perceptions of top management in domestic companies in BiH, to determine the willingness of domestic companies to migrate to the cloud and systemize the benefits of using Cloud technology in BiH. The advancement of information and telecommunications technology has enabled large and small companies to access cutting-edge technology, thanks to which they can increase profitability and competitiveness while reducing business costs. The research results indicate companies' top management does not have enough information/data related to the benefits of Cloud technology, and thus partially or insufficiently consider the possibility of business migration to the cloud. Certain companies base their business on Cloud technology, but most companies have hardware resources they use as a basis for creating a platform necessary for the operation of one or more information systems. According to the research results, we can conclude the managers are not familiar with the potential benefits of Cloud technology, which serves as direct evidence for the hypothesis. However, it is expected, SMEs and large companies will completely or partially switch to Cloud technology, in future.