Modelling the economic impact of cloud computing

Information technology Information resources management Australia

This study, based on all sectors of the economy other than agriculture, found that information, communication and technology (ICT) capital and operating expenditure is expected to significantly reduce over the long run (10 years plus).
As a result, firms are able to produce greater amounts of output with the same level of input, or else the same level of output can be achieved with reduced ICT, thereby freeing up resources for use in other forms of production.
The results of the study are intended to facilitate a more informed understanding of, and further discussion around, the current state of cloud computing in Australia and it's potential impact over the next decade.

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