While there is an ever-growing interest in moving to the cloud, there are also plenty of worries surrounding the safety and security that are included in cloud services firms. Europe is very keen on having some sort of EU sponsored cloud services company that it can call its very own. Some of this desire is born simply from understanding that it’s that much easier to have a say over the security of a cloud services firm, if you are the managing director. There is also a lack of trust coming from the EU when it comes to existing cloud services companies.
Cloud companies that are based in the United States, especially have lost a little bit of the trust they have built up over the last few years. The NSA’s project PRISM has had quite a hand in making trust in U.S. cloud services as low as they currently are. One survey, conducted by the Cloud Security Alliance showed that one in ten non-U.S. based companies had already canceled a contract with a United States-based cloud company.
PRISM might be moving European interests in an EU cloud faster, but it is hardly the genesis of the desires. In September of 2012, a report showed that moving businesses to the cloud could yield savings of more than 600 billion Euros to EU-based companies. There really is no wonder that companies are looking to find a way to get their own cloud services company up and running. That same report said that by 2020, a European cloud company could generate up to 2.5 million new jobs. This number is based on savings that companies would save and invest in growing their workforce.
German Chancellor Angela Merkel doesn’t want to stop with just coming up with a European cloud company. Merkel recently said that she wanted Europe to come up with its own Internet technology.