Following on from our blog post earlier this week, today it has been announced that the EU telecoms regulators are to set out how they want to increase the use of the cloud by public bodies and companies in Europe. The idea is that they hope to boost Europe’s GDP by nearly 1 trillion euros through the next eight years. Cloud computing really is being seen, therefore, as a way of helping the European economy get back on its feet.
The European Commission has revealed that it wants to address the worry regarding privacy and data loss. This has been a common worry amongst corporations around the globe regarding cloud hosting and managed hosting.
Now though, the European Commission plans to address these concerns by inviting experts in the industry to clarify difficult legal questions on data protection and to help develop a global privacy standard.
With substantial research revealing that cloud computing can significantly cut costs by up to 20%, and with cloud computing technologies advancing at an impressive rate, the savings and benefits with cloud hosting are only set to increase; hence why the EU is keen to increase cloud adoption.
Further to our reports, the European Commission believes that the cloud can yield 957 billion euros in increased EU GDP whilst creating an additional 3.8 million jobs in the years up to 2020. It has also been reported that servers in the EU’s public sector are around 90% under-used, which leaves massive scope for further utilisation in order to allow access to clients in all time zones around the world meaning that the servers would be in use 24/7.
What is also interesting to note is that Greece, who are embroiled in a severe financial struggle, are showing more interest for cloud services than countries such as Germany, which is one of Greece’s biggest European creditors and a country that has remained seemingly unaffected by the financial crisis.
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