This month negotiators from 11 countries are gathering in Singapore for an important round of negotiations on the Trans-Pacific Partnership (TPP) free trade agreement. As it happens, Singapore provides the perfect backdrop for understanding the opportunity countries have to expand trade in digital services. Singapore has vaulted into the tier of countries with the best policy frameworks to support the growth of information technology’s hottest sector right now: cloud computing. It has done so, as the new edition of BSA’s Global Cloud Computing Scorecard illustrates, by enacting a law that balances privacy protections for consumers with the regulatory flexibility to encourage business innovation.
Archive for March, 2013
It’s no secret that enterprises of all types and sizes are embracing cloud computing. Worldwide, that migration will add more than $1 trillion a year in new business revenues, according to research firm IDC. Less understood, however, is the fact that governments are promulgating a mismatched patchwork of laws and regulations that effectively chop the global cloud market into country-sized pieces. (more…)