US 'cloud' supremacy has Europe worried about dataFor European policymakers the 'cloud' may become ominous as it could allow the US access to European data and dependence on how to exploit itPARIS - Europe is sitting on a wealth of data that is the 21st equivalent of a precious metal mine during the gold rush. The cloud is a term for offering data storage and processing services externally so clients don't need to invest as much in costly gear. "The majority of European data is stocked outside of Europe, or, if stocked in Europe, is on servers that belong to non-European firms," it noted. "However we have very good firms offering cloud and data services," he added. The French and Germans unveiled in June the GAIA-X project that aims to develop a competitive European cloud offer.

Source: Bangkok Post August 04, 2020 03:56 UTC