KINGSTON — The Ministry of Industry, Investment and Commerce is exploring the cloud computing industry, to enter into a contract that will mitigate potential risks, according to Permanent Secretary, Reginald Budhan.
Cloud computing is the delivery of computing as a service rather than a product, whereby shared resources, software, and information are provided to computers and other devices as a utility (like the electricity grid) over a network (typically the Internet).
“We are now assessing the risk during this testing stage, to see how we should configure the contract with the appropriate terms and conditions that will mitigate some of the potential risks,” Mr. Budhan told a two-day “Cloud Conference” on Tuesday (November 1) at the Jamaica Pegasus Hotel, New Kingston.
The conference was organised by the Mona School of Business, and the International Telecommunications Union (ITU).
The Permanent Secretary stressed that the Government is committed to embracing new technology, and to automate its services with the public, thereby delivering improved quality services to the citizens.
“I encourage the business community to do the same, as we must stay on the cutting edge of evolution, if we are to accelerate our international competiveness,” Mr. Budhan told his audience.
He encouraged business operators to understand the present scenario, manage risks, and innovate with a vision to create a new order.
"It means that the advent of Cloud makes it imperative that we reassess our capabilities, to ensure sustainable growth in the future,” he explained.
“The abundant supply of information technology capabilities at a lower cost means more enticing opportunities for Jamaican entrepreneurs. In addition to reducing operational costs, Cloud Technologies can become the basis for radical business innovation and new business models, and for significant improvements in the way we do business in the private and public sectors,” he said.
Noting that the system is seen by many as the new wave of information technology, he told the audience that individuals, industries and Governments potentially could benefit from the technology.
“It will facilitate the establishment of new business start-ups, and make the access to capital less of a constraint for business. For example, the capital outlay once necessary for a business when installing a traditional telephone system could be significantly reduced,” Mr. Budhan stated.
The conference is being held under the theme ‘New Applications in Managing hosted Corporate and Information Services’. It will end November 2. Contributors include leading experts in information technology.
By Garfield L. Angus, JIS Reporter