European Voice -
Which way forward for Europe in the rapidly expanding cloud-computing market? Policymakers and industry rightly see a golden opportunity to harness this exciting innovation. But there are major challenges. Chief among them are the practicalities of harmonising laws and regulations on data security, privacy, and other issues central to a truly cohesive digital single market.
Europe has a number of distinct advantages. The research firm IDC projects that global annual sales of public IT cloud services – including software, server, and data-storage – will reach €55 billion by 2015. More than a quarter of that business will happen in western Europe. Even more exciting are the knock-on benefits from the economies of scale offered by cloud computing. Small and medium-sized enterprises suddenly have access to technology systems that are more robust and can run their operations more efficiently than ever... Read Full Story >>
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