THE ROLE OF CLOUD SERVICES IN THE ECONOMY

Abstract

Nowadays, modern cloud computing technology, which many organizations and companies are paying attention to and rapidly expanding its scope, has become a true achievement of contemporary science. This article provides a comprehensive analysis of the role and significance of cloud computing technologies, which have become an integral part of the digital economy. It examines the sectors that widely use or should adopt these technologies, monitors the standards of security levels in their usage, and is based on research methods such as systematic analysis and classification. Thanks to cloud technologies, small and medium-sized businesses can compete on equal terms with large companies. Additionally, the article discusses issues related to security, internet quality, and workforce potential. Overall, the article highlights the economic efficiency of cloud services with well-founded facts and offers recommendations for their future development