Trump presidency could ‘cost the US cloud computing industry $10BN’

July 19, 2017 Off By Hoofer

Grazed from IA. Author: Editorial Staff.

The US cloud computing industry stands to lose more than $10 billion by 2020 as a result of President Trump’s increasingly shaky reputation on data privacy, according to Meier.Despite only being in power since the start of 2017, Donald Trump has had a significant impact on the way America is viewed around the world.

In fact, the latest study from the the Pew Research Center highlights that just 22% of people have confidence in President Trump to do the right thing when it comes to international affairs, compared to 64% who felt they could trust Barack Obama.This coincides with a rapid increase in people expressing unfavourable opinions about the US more generally…

For the cloud computing industry, this sharp decline of faith in the US and its president could have a severely detrimental impact. Businesses and individuals need certainty that their data will be properly protected in the cloud…

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