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`Cloud` Will be Growth Driver in Developing Economies

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Walton, Nigel (2013) `Cloud` Will be Growth Driver in Developing Economies. The Oxford Analytica Daily Brief.

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Official URL: https://www.oxan.com/display.aspx?ItemID=DB187618

Abstract

Cloud computing has now become the fastest growing segment of the information communication technology (ICT) sector. The growth in global cloud computing traffic is forecast to increase twelve-fold between 2010 – 2015 (to $180b). Although most of this growth will take place in mature Western economies, there are also signs of positive trends unfolding in the developing world. In recent years, the developing economies have received considerable attention from global cloud computing players. For instance, IBM has established cloud computing centres in China, India, Vietnam and Brazil. Other cloud players such as Microsoft, VMware, Salesforce and Parallels have also been active in developing countries. Similarly, developing world cloud-based firms such as India’s CRL and AdventNet have jumped on the cloud bandwagon. Cloud related venture capital (VC) and other investments are also flowing into developing economies.

Item Type:	Article
Additional Information:	Staff and students at the University of Worcester have access to the full-text. External users should check availability with their local library or Interlibrary Requests Service.
Uncontrolled Discrete Keywords:	cloud computing, ICT sector, developing economies, economic and social development
Subjects:	H Social Sciences > HB Economic Theory H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HE Transportation and Communications H Social Sciences > HF Commerce T Technology > T Technology (General)
Divisions:	College of Business, Psychology and Sport > Worcester Business School
Related URLs:	Publisher
Depositing User:	Nigel Walton
Date Deposited:	19 Dec 2013 16:09
Last Modified:	17 Jun 2020 17:02
URI:	https://worc-9.eprints-hosting.org/id/eprint/2911

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