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.
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