5 things you need to know about cloud in Europe

September 18, 2012 Off By David
Object Storage

Grazed from GigaOM. Author: Barb Darrow.

Yes, cloud adoption in Europe hasn’t happened at as fast as in the US. But despite the difficult economy, there’s considerable interest in cloud on the continent. The market bears watching and here are 5 things you should know about it.

Most of what we hear about cloud computing in Europe tends to fixate on the notion that cloud adoption there lags that in the US by one to three years. That may be generally true, but it’s still a simplistic analysis. Despite the economic mess over there, IDC predicts a 30 percent compound annual growth rate for cloud deployments between 2011 and 2016 compared to an 18.5 percent CAGR for the US during that period. Not too shabby…

Here’s some of what you need to know about how cloud is rolling out in Europe, gleaned from researchers, vendor executives, and other experts. But stay tuned: we’ll be talking about these trends and more at GigaOM’s upcoming Structure Europe event in Amsterdam next month.

1: Seems obvious, but Europe isn’t the US

With the European Union and Eurozone, North Americans tend to see Europe as a more monolithic market than it really is. Europe is still a collection of many, smaller countries, lots of languages, lots of governments, and thus, represents a much smaller, more fragmented market than the US…

Read more from the source @ http://gigaom.com/cloud/5-things-you-need-to-know-about-cloud-in-europe/