cloud computing projectoverview

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  • 8/9/2019 Cloud Computing ProjectOverview

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    Exploring the Future of Cloud Computing Phase II

    Project Overview The first part of a two-part project to explore the potential impact of cloud computing

    was completed in 2009. Our research found that cloud comput ing has tremendouspotential to benefit businesses, industries and entire economies. However,substantial challenges stand in the way

    To overcome the barriers and accelerate the adoption of cloud computing, our researchparticipants suggested some potential actions that the IT industry and governments couldconsider

    In phase two, we aim to identify more specific action items and developrecommendations for both the IT indust ry and governments to help mitigate the

    uncertainties and realize the benefits of cloud computing

    How to Accelerate the Benefits of Cloud Computing

    Last year, the World Economic Forum completed the first part of a two-part research project toexplore the potential impact of cloud computing. The project was mandated in 2009 by the ITGovernors at the Forums Annual Meeting in Davos. The experts who participated in the researchbelieve the impact of cloud technologies goes beyond reducing IT costs and improving businessefficiency. They predict that companies of all sizes and government institutions in both establishedand emerging economies will achieve new levels of productivity and innovation. They believe thecloud industry will be a key source of new jobs and that it could help nations make great gains inaddressing major healthcare, education and other societal issues.

    E

    xploringtheFutu

    reofCloudComputing

    However, cloud technologies can also introduce disruption and pose potential risks - with manyorganizations hesitating to embrace cloud computing. Through our research, we found there aresignificant concerns about security, privacy, interoperability, governance, vendor lock-in,outdated/complex laws, and users lack of understanding of cloud computing.

    To overcome the barriers and achieve the potential of cloud computing, participants from theresearch began exploring actions the IT industry and governments could undertake. Examplesinclude educating customers about the benefits of cloud, creating standards and policies thatenable easy switching among cloud providers, providing transparency on where data is storedand processed, investing in new technologies for improving security and privacy, providing better

    public access to national data, and many more.Project Objectives

    During the first phase of this project, we began identifying potential areas of interest and action forindustry and governments to consider in order to achieve the full potential of cloud computing.

    In phase two, we will build on the recommendations and develop more specific action items forindustry, public policy makers and government to take to help mitigate the uncertainties andaccelerate the benefits of cloud computing.

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    Approach

    Building upon the findings from the phase one of this project, we will focus on developing a set of

    actionable strategic options and policy recommendations by:1) Orchestrating and facilitating dialogues between private and pubic sectors and across

    regions to prioritize key issues

    2) Leveraging use cases and/or building scenarios to identify gaps/challenges in realizing thebenefits of cloud for both the industry and governments

    3) Coordinating the development of position papers to provide recommendations

    Recommendations

    Phase I Phase II

    May 2009 Jan 2010 Jan 2011

    Cloud Providers

    IT Industry

    Policy Makers

    Regulators

    Ac celerate Ad optio n

    Maximize Benefits

    Benefits

    Barriers

    Potential

    Act ion Areas

    Phase One

    Findings

    PrioritizeAct ion Areas DevelopPosition PapersConduc t CaseStudies/Workshops

    E

    xploringtheFutu

    reofCloudComputing

    Value Proposition to Participants

    Provide opportunities for private and public sectors to share concerns/learnings andcollaborate on a neutral platform

    Create a network for governments to address cloud issues and promote technologyadvancement on a global scale

    Influence/Shape regulations in the cloud arena (product development, adoption,regulation)

    For more information on the project and/or to establish your involvement, please contact:

    Joanna Gordon Chiemi HayashiAssociate Director Associate DirectorInformation Technology Industry Strategic Insight Teams, Scenario PlanningEmail:[email protected] E-mail: [email protected]:+41 22 869 3571 Telephone: +41 22 869 1371

    mailto:[email protected]:[email protected]:[email protected]:[email protected]