Cloud computing has the potential to revolutionise the IT investment model in Ireland and elsewhere. It allows companies to use the internet to efficiently access vast amounts of computing resources that would otherwise be beyond their reach. A report undertaken by A&L Goodbody and commissioned by Microsoft has suggested that Cloud Computing sales by Irish firms could be worth €9.5 billion per annum by 2014 and provide for 8,600 jobs as business migrates to the Cloud.
The Programme for Government commits to a range of initiatives aimed at making Ireland a leader in the emerging I.T. market of cloud computing. My colleague, the Minister for Jobs, Enterprise and Innovation, Richard Bruton, T.D., has established a group to implement this commitment on Cloud Computing. The group, on which my Department is represented, has been tasked with addressing all aspects of cloud computing, including expenditure, IT, procurement, security, infrastructure, and industrial strategy.
I understand that the group submitted its report to Minister Bruton in June 2012 and, over the period July to December 2012, assisted in drafting a series of specific follow up actions which have now been included in the 2013 Action Plan for Jobs.