The development and widespread use of cloud technologies promises a number of economic prospects at the local, regional, and global levels. Cloud technologies have numerous advantages in terms of management, storage, and exchange of information resources in the virtual space for the public and private sector, citizens, and general users. The chapter provides an overview of the research conducted in the field of cloud technologies in Azerbaijan. The results show that the studies are mostly devoted to the infrastructure issues of cloud technologies, to the research of the conceptual bases of the creation of the government cloud, to the issues of security and personal data protection, as well as to the implementation of measures for the development of the economy of cloud technologies. The international experience in the field of government cloud was studied, and the realization of this concept and the results to be achieved were analysed. Necessary measures for the formation and development of the cloud technologies economy at the government level have been indicated.