The European Commision has published a new digital strategy aimed at “enabling and facilitating faster adoption of cloud computing” across all sectors that will boost EU GDP by €160 billion, or 1%, by 2020.
Cloud computing, like many other technical terms, is of course a buzzword, but an important one – especially to Ireland. Ireland’s Taoiseach, Enda Kenny, stated earlier this year that the country “can become the cloud computing capital of the world”.
Cloud computing describes the remote storage and retrieval of data by users, and in particular businesses, over the internet. For enterprise especially, cloud computing is often cheaper than implementing local data storage solutions, the data is mobile and more accessible and can be more secure.
The EC has stated that 80% of organisations that adopt cloud strategies achieve cost savings of at least 10-20%.
The report outlines three key actions of the EC’s strategy. They are;
The strategy, which EC Vice-President Neelie Kroes describes as “a game-changer” for Europe’s economy, can be read in full here.
This piece started from a series of conversations I kept coming back to over the…
The credit card rewards system operates on a structural imbalance that rarely gets discussed openly;…
The closure of the Strait of Hormuz has sent shockwaves through the global economy, halting…
For the past few years, corporate investment into AI startups and in-house R&D have skyrocketed,…
Although we continue to push the frontiers in innovation across healthcare, women remain one of…
The early 2026 mergers and acquisitions (M&A) landscape is supercharged. While the total number of…