A report titled ‘Information Economy Report 2013: the Cloud Economy and Developing Countries’ that was recently released by United Nations Conference on Trade and Development (UNCTAD) highlights the importance of investing in cloud computing and broadband infrastructure and formulating related laws and regulations to uplift socio-economic conditions of developing countries. With cloud computing, SMEs are able to outsource some of its information technology skills and concentrate on core competencies. Prior to the emergence of cloud-related infrastructure, the SMEs had to make huge investments to develop their own internal IT capacities.
The report also points at the widening gap in availability of cloud-related infrastructure and affordable broadband Internet access between developed and developing countries. It is necessary for developing countries to mobilize their financial resources towards development of cloud-related infrastructure (data centers, broadband access etc). At the same time, developing countries should also consider addressing legal and regulatory concerns to promote cloud computing and enforce appropriate laws and regulations emphasizing on key reforms areas such as privacy, data protection, information security and cyber-crime.
The report can be downloaded from [here]