economic value of cloud services in Australia

Analysis

The economic value of cloud services in Australia

Business benefits, barriers and the value of cloud to the economy

Amazon Web Services commissioned Deloitte Access Economics to explore the economic value of cloud in Australia, including considering current use, benefits, barriers and the next steps for cloud.

In the last five years, cloud services have emerged as a new driving force for Australian business. Cloud services are changing business models, facilitating a more innovative and dynamic way of working, and are a foundational technology unlocking the next wave of technologies.

Cloud uptake is growing rapidly: 42% of businesses were using paid cloud in 2017-18 compared with 31% in 2015-16. Already, the cumulative productivity benefit of the adoption of cloud services by Australian businesses has already been estimated to be in the order of $9.4 billion over the last five years. Businesses need a clear cloud strategy for the best chance of achieving success, including plans to streamline operations and educate staff, to maximise the benefits from transition to cloud.

This report was commissioned by Amazon Web Services to explore the economic value of cloud in Australia, including considering current use, benefits, barriers and the next steps for cloud.

The economic value of cloud services in Australia

Published: July 2019

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