Europe Shoots For The Clouds: EC Lays Out New Cloud Strategy To Add ?160B To EU GDP By 2020

Up to now, the European Commission has kept a relatively light position on where it stands with cloud services -- putting more effort into the wider issues like broadband and mobile regulation and ensuring that users all get a fair deal as these services continue to grow. Today that changed, as the EC unveiled a high-level cloud services strategy, with the aim of adding ?160 billion ($206 billion) to the region's economy by 2020, equivalent to 1% of total GDP. Plans include improving interoperability standards;?setting up lists of "trustworthy" cloud providers; taking a part in regulating how service level agreements (SLAs) should work; and?creating a formalized structure for how governments and other public bodies in the region should procure in cloud services: the public sector accounts for 20% of all IT spend in the European Union.

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