Cloud computing, e-transactions in summit spotlight

RIYADH: The Riyadh Economic Forum has highlighted the need to form a constitutional entity for a knowledge-based economy with the aim of developing a clear road map to mobilize the performance of diversified agencies relating to knowledge economy.
This follows deliberations that focused on a working paper titled ‘IT promotion as a stimulant of development and transfer to knowledge economy’.
At the session, presided over by Mohammed bin Suleiman Al-Jasser, adviser at the Royal Court, specialists reviewed the study in-depth.
Communications and Information Technology Minister Mohammed Al-Suwayel called for more efforts to develop the legal and legislative frameworks for IT activities in a way that enhances the competitiveness of the sector and provides active performance of small and medium companies amid appropriate climates of this sector.
The study, reviewed by a team led by Dr. Abdulrahman Al-Eraini, and membership of Dr. Najah Al-Qablan, a teaching female staff of Princess Nura University, also called for forming the industrialized component of IT and rectifying the imbalance resulting from the presence of overwhelming distribution and trade agents activities as part of an endeavor to move society to a knowledge economy before completely settling at home the IT industry.
It also called for matching the requirements of highly professional IT industry with the current output from skilled human resources.
It highlighted the need to apply the cloud computing system in the under-graduate level and activating e-transactions in retail shops.