What is the impact of cloud computing on economy?

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Juan Manuel Izar

It has some advantages, the first and most important with cloud computing people have unlimited access to their information anywhere and save space in their equipments

Han Ping Fung

What is the impact of cloud computing on economy?

Other impacts of cloud computing on economy include:

Changing organizations / consumers' ICT spending from Capex to Opex when using ICT because cloud computing offers elasticity & pay-per-use based on usage metering. Adopting Opex can improve organizations' overall cash flows.

Improve ICT automation, fewer human errors, more reliable ICT infrastructure prompting lower IT risks & operating costs. Lower cost & powerful ICT can improve go-to-market, revenues & profitability.

IT staff needs to change their existing job scope / adapt to new job scope when cloud computing is deployed e.g. need to handle other job scopes when cloud computing offers automation, IT roles that integrate server, storage, network, software etc. together instead of focusing on certain tower(s) only. Change of IT job landscape can impact economy to certain extent.

Cloud computing which includes PaaS & container-based microservices & DevOps had revolutionized business models used in Uber, Airbnb, Netflix etc. which are based on sharing economy / idea economy.

IT outsourcing has shaped our economy for sometimes by impacting how organizations are running their IT operations. With the proliferation of cloud computing, some organizations start in-sourcing back their IT & enhance it with cloud computing accordingly - this will also impact our economy differently.

Craig Standing

Increased work flexibility

More efficient organisations - less IT costs

More agile organisations

More secure organisations

Karim Mezghani

call for chapters - IGI Global Publisher https://www.igi-global.com/publish/call-for-papers/call-details/3037