Advances in the cloud and data modernization are working together to improve the cloud, reports ZD Net. 

It's almost a chicken-or-egg conundrum: going to cloud requires a modern data foundation, going to modern data requires a cloud foundation. The good news is both can be advanced along at the same time.

According to the Journal of Accountancy, there are steps companies can take to remain productive in the event the cloud goes down. 

When cloud software provider Wolters Kluwer shut down most of its systems, including its popular CCH Axcess tax software, on May 6, accounting firms were left unable to access client data or e-file tax returns just nine days before the May 15 tax return filing deadline for calendar-year not-for-profits as well as certain fiscal-year corporations, S corporations, and partnerships

According to Tech Crunch, a new company, Densify, wants to help companies determine how much they are spending in the cloud. 

Densify has been a company that helps engineers buy cloud resources in a cost-effective way, but the company wanted to show this cloud spending data to finance as well.