MIT Technology Review Insights and Infosys Cobalt Launch first-ever Global Cloud Ecosystem Index

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MIT Technology Review Insights, in collaboration with Infosys Cobalt, a set of services, solutions and platforms from Infosys for cloud-powered enterprise transformation, announce the launch of the Global Cloud Ecosystem Index 2022, a snapshot of worldwide cloud development and innovation. The Index ranks 76 nations and territories on the technology, regulations, and talent they use to promote cloud computing services by consolidating scores given to each nation or territory across four themes: infrastructure, ecosystem adoption, security and assurance, and talent and human affinity.

The cloud has become a foundational part of nearly every national economy’s journey toward enhanced productivity. “Today, we see that cloud is computing. Cloud and cloud-led innovation are foundational for businesses and governments in driving enterprise and economic growth,” says Elizabeth BramsonBoudreau, CEO and publisher of MIT Technology Review.

Based on research conducted between November 2021 and February 2022, the interactive Index shows which countries are progressing fastest in global efforts to adopt and deploy cloud computing services. The Index reveals Singapore has the highest score (8.48/10) for overall cloud innovation. Next ranked were Finland (8.46/10) and Sweden (8.43/10).

The key findings of this report are as follows:

– Global Cloud Ecosystem Index leaders combine digital infrastructure and governance leadership. Singapore leads, followed by European countries seeking to preserve the rights of digital consumers and to curb monopolistic tendencies of the internet services sector.

– Fast-evolving digital infrastructure is foundational for a nation’s cloud capabilities. The top three overall Index leaders-Singapore, Finland, and Sweden-all have one thing in common: they rely on copious and reliable broadband and a reasonable density of secure servers and data centers to underpin successful cloud computing capabilities.

– Enter the ecocycle. There is a virtuous cycle-an “ecocycle”-emerging in leading cloud economies as use of scalable and distributed computing resources increases by consumers and businesses which drastically reduces “digital waste” and allows organizations to share insights and computing resources more efficiently and reciprocally.

– Bridges, not fortresses. Most cloud-minded governments work to build and promote a “trust infrastructure”-the public policy and regulatory and social conventions that ensure a government’s digital channels are efficient, effective, and secure.

– The cloud as a talent magnet. The top three leaders among emerging economies in the “talent and human affinity” category of the Index-Iran, India, and Vietnam-understand the importance of having skilled workers for implementing infrastructure and process-intensive projects at scale.