Economic Impact of Cloud Computing White Paper

42 Pages Posted: 1 Jul 2011 Last revised: 22 Oct 2013

See all articles by Marco Iansiti

Marco Iansiti

Harvard University - Business School (HBS)

Gregory L. Richards

Keystone Strategy LLC

Date Written: June 30, 2011


In this paper we find that advances in cloud computing likely will extend the IT induced economic growth in developed economies and foster growth in economies where IT penetration is not yet fully mature. We conclude that governments should work together to take advantage of the benefits of cloud computing.

Keywords: cloud computing, econometrics, economic model, economic impact, web services, software as a service, cloud computing issues, on-demand computing, scalable computing, outsourcing, virtualization, SaaS, PaaS, IaaS, private clouds, public clouds

JEL Classification: O33, O41

Suggested Citation

Iansiti, Marco and Richards, Gregory, Economic Impact of Cloud Computing White Paper (June 30, 2011). Available at SSRN: or

Marco Iansiti (Contact Author)

Harvard University - Business School (HBS) ( email )

Soldiers Field Road
Morgan 270C
Boston, MA 02163
United States

Gregory Richards

Keystone Strategy LLC ( email )

200 Wheeler Road
Burlington, MA 01803
United States

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