Economics & Development
Reference documents in Economics & Development.
Documents in Economics & Development
Page 3696 of 4442-
Modern cloud computing enables high-quality, scalable, flexible, and secure computing and data storage capabilities essential for digital transformation, supporting the adoption of advanced technologies such as Artificial Intelligence (AI) and the Internet of Things (IoT) while improving digital services for governments and businesses. Built on data centers, cloud solutions deliver on-demand computing and storage through service models such as Infrastructure as a Service, Platform as a Service, and Software as a Service, reducing upfront costs, enhancing scalability, strengthening resilience, and fostering innovation and economic growth. This Cloud and Data Center Regulation Rapid Assessment Tool helps countries evaluate their legal and regulatory frameworks and identify priority reforms to support cloud adoption and market development. The report highlights the importance of creating an enabling environment through integrated strategies, policies, and regulatory measures, supported by reliable infrastructure such as energy and connectivity. It outlines three key pillars for action: promoting demand through government cloud adoption, attracting supply through private investment, and ensuring privacy, cybersecurity, and sustainability. By implementing these complementary measures, countries can strengthen cloud ecosystems, attract investment, and achieve inclusive and sustainable digital transformation.