Increased ‘cloud mercantilism’ and state aid to hit US cloud providers overseas
Grazed from Financial Times. Author: Raymond Barrett.
US dominance of the global cloud computing sector is being threatened by an increase in protectionist regulations overseas coupled with state aid programs that are funding potential competitors, a congressman, a sector analyst, and the president of a sector trade organization told PaRR.
The cloud computing industry, which involves providing IT services over the Internet, is expected to rise in value from USD 41bn in 2011 to nearly USD 250bn by 2020.
However, mandates requiring that data generated within a country be stored on servers in that country are anticompetitive and should be combated by the US government, according to Daniel Castro, senior analyst at the Information Technology and Innovation Foundation…

