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Evolving Cloud Ecosystems: Risk, Competition and Regulation

Author

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  • Anastassios GENTZOGLANIS

    (University of Sherbrooke, Quebec, Canada)

Abstract

Cloud ecosystems are evolving rapidly in the midst of competitive, regulatory and technological uncertainties. The business opportunities cloud computing (CC) is creating are the driving forces behind its acceleration. At present, traditional IT, cloud and hybrid ecosystems vie for market shares and market dominance. The intensity of competition and the absence of regulation in the new markets that cloud computing has created explains the emergence of new platforms and the pre-emptive strategies used by major CC companies. Regulation or the absence of it, security and privacy are the most important factors that hinder the full development of CC industry. The emergence of hybrid ecosystems is viewed as a reply to these problems. The latest research shows that the regulatory differences between the US and the European Union with respect to the CC industry, may explain the current gap that exists in the level of innovation between these countries. Unless the governments and regulatory authorities address the issues of regulation and security at both national and international levels, the orderly growth of this industry is at risk. It is argued that a kind of "producer-consumer protection regulation" is more appropriate for the CC industry.

Suggested Citation

  • Anastassios GENTZOGLANIS, 2012. "Evolving Cloud Ecosystems: Risk, Competition and Regulation," Communications & Strategies, IDATE, Com&Strat dept., vol. 1(85), pages 87-107, 1st quart.
  • Handle: RePEc:idt:journl:cs8504
    as

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    File URL: http://repec.idate.org/RePEc/idt/journl/CS8504/CS85_GENTZOGLANIS.pdf
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    References listed on IDEAS

    as
    1. Federico Etro, 2011. "The Economics of Cloud Computing," The IUP Journal of Managerial Economics, IUP Publications, vol. 0(2), pages 7-22, May.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    competition; cloud capacity; cloud utility; distributed computing; hybrid ecosystems; multi-cloud; regulation; risk; traditional IT platform.;

    JEL classification:

    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • L5 - Industrial Organization - - Regulation and Industrial Policy
    • L8 - Industrial Organization - - Industry Studies: Services
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • O5 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies

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