Odishatv Bureau
Hyderabad: Country`s second largest software exporter Infosys Ltd is eyeing big opportunities in cloud computing but advocates that there is need to put in place a policy framework for the same.

Kris Gopalakrishnan, CEO and managing director of Infosys said that Confederation of Indian Industry (CII) is preparing a draft on the policy and would submit the same to the Government next month.

Cloud computing facilitates sharing of technological resources, software and digital information. It operates on a pay-per-use model, helping companies to cut costs as they do not have to invest heavily in infrastructure.

"CII is putting together a draft paper on the opportunities in cloud computing and what should be the policy frame work on this. The opportunities are huge for country like India in providing citizen services. And if we have the right regulatory frame work then we can accelerate," he told reporters on the sidelines of an event here.

He said cloud services currently form about 3 per cent of Infosys` overall income and more than 10 per cent if cloud products are also included.

Replying to a question on the company?s focus, he said Infosys would concentrate on core issues in cloud like transitioning companies towards cloud, running cloud services and new solutions offering.

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