The Expert: "cloud accounting" is rapidly growing in the private sector

9 july 2014

Adviser to the Director General of the Analytical Center Yuri Ammosov attended the Third All-Russian Conference "Cloud technologies in Russia. Perspective. Opportunities. Digital Economy".

Within the frames of the panel discussion “Clouds in Russia: Present and Future”, the expert noted that while everyone's attention is focused on “Government cloud”, the private sector is affected by a rapidly growing “cloud accounting”, which is causing the destruction of traditional business models and leadership. “Traditional software solutions from a small number of vendors, requiring installation, configuration and support by qualified specialists, is losing ground  to the cheaper and quickly deployable cloud solutions that involve a large number of competing services”, - said Mr. Ammosov. The expert added that small and medium businesses willingly respond to this proposal, causing a rapid growth and reorganization of the market of accounting IT services and software.

On July 9 this year, within the same conference, Yuri Ammosov participated in the roundtable "Cloud legislation", during which the proposal regarding the legislation were discussed: what is being done in the area of ​​legal and regulatory framework, what is being planned, what issues are not taken into consideration at the moment. According to the expert, legislative initiatives regarding cloud computing can pursue the goal of standardization of state contracts for cloud services, define the limits of liability of "clouds" providers in relation with their customers, as well as the unification of safety and reliability requirements. The expert expressed his concern that by regulating some legal relations within the cloud services sector, the law will limit other quite legitimate relations. "While developing the legal framework, it is important to take into account not only the opinion of suppliers, but also that of the customers of cloud services, both through industry organizations and directly", – Mr. Ammosov pointed out in his speech.