“Up to now, the European Commission has kept a relatively light position on where it stands with cloud services — putting more effort into the wider issues like broadband and mobile regulation and ensuring that users all get a fair deal as these services continue to grow. Today that changed, as the EC unveiled a high-level cloud services strategy, with the aim of adding €160 billion ($206 billion) to the region’s economy by 2020, equivalent to 1% of total GDP. Plans include improving interoperability standards; setting up lists of “trustworthy” cloud providers; taking a part in regulating how service level agreements (SLAs) should work; and creating a formalized structure for how governments and other public bodies in the region should procure in cloud services: the public sector accounts for 20% of all IT spend in the European Union.
Some will undoubtedly argue that government intervention in cloud services, especially at this relatively early stage in their development, may actually slow down rather than speed up innovation in the area.”
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