" />
Business

Cloud computing, “an unrivalled opportunity” for Ireland

Cloud computing, “an unrivalled opportunity” for Ireland

Image of a cloud via MicrosoftConcentrated and swift efforts by Ireland to invest in and promote cloud computing will improve the country’s competitiveness and return the economy to growth, according to a reports on cloud computing released by Microsoft today.

The Goodbody Economic Consultants report, commissioned by Microsoft, suggests that targeted investment by the government now, while cloud computing is in its infancy, could be economically and socially beneficial to the country.

Download the full report here (PDF | 1.7MB)

According to Microsoft Ireland’s Managing Director Paul Rellis, “[the report] highlights the significant opportunity that Cloud Computing presents to Ireland – both in terms of helping to improve the competitiveness of organisations in the Public and Private Sectors and also in terms of supporting the country’s FDI (Foreign Direct Investment), entrepreneurial and public policy strategies and goals. Cloud Computing will change how the world consumes technology.”

The reports says that cloud computing has untapped benefits for educators and children, industry and the public sector. It goes on to say that the cloud could save the country half a billion euro in operating costs and also facilitate a more efficient provision of government and industry services.

In financial terms the cloud could be worth €9.5 billion to the country by 2014 and create over 8,600 jobs. It says that the cloud computing market is estimated to be worth anywhere between €40 and €110 billion by 2014.

However, an ignorance of cloud computing from “a small but significant minority of firms” places such benefits at risk. The report recommends the creation of a public education programme and the establishment of schemes to “close the skill gaps required in support [of] the growth of a Cloud based industry.”

The paper warns that this opportunity will only be open to Ireland for a short time and requires concerted efforts by government and industry to benefit the nation,

“Cloud Computing represents a huge opportunity for Irish firms, public bodies and the economy as a whole. Realising this opportunity depends on moving at a rapid pace so that Ireland can establish itself as a Centre of Excellence for Cloud Computing before any other nation seeks to position itself in this way. The opportunity to create new economic activity and jobs by becoming a world centre for the development and export of Cloud Computing services will only be realised if Irish firms are early to these new world markets. Similarly, Cloud Computing will only improve the competitiveness of the Irish economy if it is adopted early by businesses and public bodies and so lowers our costs and improves our performance relative to international competitors”

The Irish government should also establish an exemplar project which demonstrates the benefits of operating in the cloud to the private sector Microsoft’s report said.

The report was commissioned to coincide with Microsoft’s 25 anniversary in Ireland.

View Comments (5)
Business
@pdscott

Piers Dillon-Scott is co-editor of The Sociable and writes about stuff he finds. He likes technology, media, and using the Oxford comma (because it just makes sense).

More in Business

nordic startup awards

Nordic Startup Awards highlights region as alternative to Silicon Valley for tech

Jess RappOctober 20, 2017
trucking freight

The old world of freight is fleeting: 4 new advancements in the trucking industry

Ben AllenOctober 18, 2017
accelerator latin america

Rockstart accelerator launches its 1st program in Latin America

Jess RappOctober 16, 2017
mental health

Organisations tackling male mental health issues

Ben AllenOctober 16, 2017
startup ecosystem hungary

Startup ecosystem spotlight on Hungary from past, present, and future

Craig CorbettOctober 13, 2017
high turnover call center

Tackling high turnover in call centers with Tenacity

Nicolas WaddellOctober 12, 2017

New blockchain-SAP marketplace ushers in ‘second generation of the internet’

Nicolas WaddellOctober 6, 2017
advertising tech

Advertising in a tech-driven world

Boris DzhingarovOctober 6, 2017
technology fights ticket touts

Technology’s solutions to ticket touts

Nicolas WaddellOctober 3, 2017