IDC: Removing barriers to cloud computing could double EU spending by 2020
October 23, 2012
Grazed from FierceEnterpriseCommunications. Author: Fred Donovon.
Removing barriers to cloud computing could more than double spending on cloud services in Europe, from €35.2 billion currently to €77.8 billion by 2020, according to a study by IDC on behalf of the European Union (EU).
IDC identified five main barriers to cloud adoption in the EU:
- uncertainty about legal jurisdiction and location of data in the cloud
- concern about the level of cloud security and assessing the trustworthiness of suppliers
- uncertainty about the business case of adopting the cloud model
- fear of lock-in with proprietary systems
- insufficient local support…
"The migration to a new IT paradigm enabling greater innovation and productivity–the roll out of cloud computing–will generate substantial direct and indirect impacts on economic and employment growth in the EU," judged Gabriella Cattaneo, associate vice president of European government consulting at IDC EMEA.
If the EU adopts a hands-off approach to cloud adoption, cloud services could generate up to €88 billion in EU GDP growth in 2020, according to the IDC’s model. However, if the EU follows a proactive "policy-driven" scenario towards cloud adoption, cloud services could generate up to €250 billion in EU GDP growth in 2020, the IDC predicted…
Read more from the source @ http://www.fierceenterprisecommunications.com/story/idc-removing-barriers-cloud-computing-could-double-eu-spending-2020/2012-10-22