European Companies are Looking Up The Clouds

European companies are slowly catching on when it comes to cloud computing. Although it is more of an exception than a rule in Europe, the cloud computing trend is gaining force.

According to Gartner, an information technology research and advisory company, the yearly sales of cloud-computing-related services in Europe will rise up to 4.3 percent, which is estimated at US$29.5 billion by 2015 from US$ 24.7 billion of this year.

While cloud computing service sales in Europe are still roughly half when compared to North America, companies such as Amazon.com, Salesforce.com and Microsoft are leading the cloud computing industry. Gartner says these companies will generate US$60 billion in sales this year.

However, European companies and institutions, both small and big, are showing willingness to use cloud computing for their operations. For example, Shutl, a British courier service, the European Space Agency and the Fraunhofer Institute of Germany are using Amazon.com’s cloud computing service.

Amazon.com’s cloud services helped companies like Shutl in its deals with other European businesses, like S.N.C.F., a French railroad company and Bankinter, a Spanish bank. Amazon.com set up a data center in Dublin, Ireland because data privacy laws in Europe prohibit the transfer of information about individuals outside the European Union.

There is a growing trend of outsourcing cloud computing services. Despite EU’s data privacy protection laws, European businesses are embracing cloud computing. The main attraction is cloud computing’s cost saving features. Cloud data centers like those of Amazon.com’s are made of immense computer servers supported by equipments run by businesses that solely deals with wholesale data management. They are designed to avoid costly downtimes typical of servers of smaller businesses.

Companies with a cloud computing stake are now lobbying the EU to review its data protection laws. Companies like Apple, Cisco Systems, Oracle, SAP and Google want are asking EU lawmakers to streamline its data protective laws insisting that cloud computing services will be more beneficial to European businesses.

Arguably, cloud computing is cost-effective and gives more computing power and data storage to companies without buying bulky equipments.

Hot this week

Did David Wineland and Serge Haroche Steal Idea For The Nobel Physics Prize?

Dr. Omerbashich says the Royal Swedish Academy is a Crime Scene and he has the proof that Nobel laureates stole his discovery.

New Approaches to Disaster Relief Challenges

Disaster relief has always been a challenge. NASA, Google,...

3 Legitimate Money Making Methods to Supplement Your Income

In a perfect world, when your landlord raises your...

2016 Predictions by World Renowned Medium and Psychic Lindy Baker

World renowned medium and psychic Lindy Baker is interviewed by The Hollywood Sentinel, discussing psychic power, the spirit world, life after death, areas of concern in 2016, and much more.

Digital Coupon Customers Spending More Than Double At Stores

A new study shows that customers who use digital coupons go shopping more for groceries and other household goods more often and spend more on their shopping trips.

California Election System Faces Unusual Scrutiny as Hilton Presses for Change

California’s election system is under scrutiny from campaigns, federal investigators and voters, with Steve Hilton pressing for changes as major races shift.

Olivia Ramirez Smith and the Business of Reconnecting Women to the Earth

For more than two decades, Olivia Ramirez Smith has answered one question through books, films, retreats, and The Mother Earth Effect LLC: what would happen if women simply touched the ground again?

Why Tracking Your Net Worth Monthly Changes Your Financial Behavior

The Observer Effect in Personal Finance People often use the...

How Singh Law Firm’s Cross-Border Practice Is Redefining Mid-Market Counsel

A boutique firm with national reach is changing what mid-sized clients expect from outside legal

Australia CGT Tax Changes Threaten Investment Confidence, Young Investors

Australia’s CGT tax changes may hurt young investors, shares, crypto and small businesses as Treasury modelling faces criticism.

What Actually Works for Healthy Weight Loss in the Australian Market Today?

As an Australian, there is no lack of information...

Wind Farm Decommissioning Liability: Bird-Safety Research Raises Bigger Rural Question

Australia is studying how to reduce wind-farm bird deaths, but rural landholders still face unanswered questions over turbine foundations and cleanup costs.

Related Articles

Popular Categories