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U.S. cloud industry stands to lose $35 billion amid PRISM fallout
.zdnet. ^ | August 6, 2013 | Zack Whittaker

Posted on 08/07/2013 8:01:05 AM PDT by dennisw

Summary: Revelations of the U.S. government's spying programs could have a massive impact on the U.S. cloud industry, which stands to lose vast sums over the next three years as a result — compounded by other countries bankrolling efforts to combat U.S. market leadership.

The U.S.' dominance in the cloud space may soon be challenged by rival countries, particularly those in the European Union, as the global surveillance scandal threatens to wipe up to $35 billion off the U.S. cloud slate.

A new report by non-profit group the Information Technology and Innovation Foundation claims that Europeans are attempting to nudge away from their American counterparts in a bid to distance themselves from U.S. electronic surveillance and eavesdropping. Read this

US cloud service providers could miss out on business from EU firms because of anger of US government surveillance programmes, warns the EU's digital chief.

While the risk of the Patriot Act was known three years ago and confidence was already shaky in some sectors of the IT industry, now that news of the U.S. National Security Agency's PRISM program, among others, came to light, cloud providers outside the U.S. are stoking the fires once more. By 2016, the global public cloud industry will stand to be a $207 billion industry, with spending expected to rise by 100 percent in the four years from 2012.

It comes just weeks after EU Digital Agenda Commissioner Neelie Kroes warned that European businesses would "rationally" turn away from U.S. companies embroiled in the PRISM scandal, which automated the process of sharing user data with intelligence agencies.

(Excerpt) Read more at zdnet.com ...


TOPICS: Business/Economy
KEYWORDS: cloud; internetcloud; nsaleaks; prism
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1 posted on 08/07/2013 8:01:05 AM PDT by dennisw
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To: dennisw

Stupid stupid NSA killing US businesses just so they can build a bureaucratic empire and have their favored contractors (must pay bribes and kickbacks) reap billions spying on all Americans

NSA = corrupt Federal jobs program


2 posted on 08/07/2013 8:03:33 AM PDT by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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To: dennisw

Well the cat is out of the bag. The large databases should be leary. There will be local companies that will support your cloud that the Gov cant just scoop up data.


3 posted on 08/07/2013 8:03:37 AM PDT by Baseballguy (If we knew what we know now in Oct would we do anything different?)
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To: dennisw

The NSA Utah Data Center is The Cloud


4 posted on 08/07/2013 8:04:17 AM PDT by molson209 (Hillary Clinton)
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To: dennisw

N othing
S afe
A nymore


5 posted on 08/07/2013 8:05:09 AM PDT by DoughtyOne (This post coming to you today, from behind the Camelskin Curtain.)
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To: dennisw

Your data on their computers, on their disks, on their bandwidth in their building..... It is now their data.... you loose


6 posted on 08/07/2013 8:08:04 AM PDT by vet7279
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To: dennisw

Anyone stupid enough to trust their life and business in ‘the cloud’ deserves whatever happens


7 posted on 08/07/2013 8:10:40 AM PDT by Mr. K (Lies, Damned Lies, and Statistics, and then Democrat Talking Points.)
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To: dennisw

Come on.

Anyone believing the cloud claims - even before the revelations about our slimy corrupt gubmit - should go ahead and purchase a house in Detroit.

Placing any trust in any “cloud” qualifies one to be a technical idiot.


8 posted on 08/07/2013 8:12:35 AM PDT by Da Coyote
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To: dennisw
When I interviewed at Microsoft last year I mentioned that I was leery of having/moving things to "the cloud" — looks like I was right.

Aside from having s/w that won't work all the time (like, say, after a hurricane or bad storm blows through and knocks your internet out), there is the very real problem that your data is open to security-vulnerabilities. If you're a lawyer doing a big case that could harm the government, what's to keep the government from pressuring the data-hoster to give them access to these records? If you're a rival corporation, there's incentive to pierce your competition's cloud [or VPN] and take a look-see at what's going on. And so forth.

This is why the real secure systems have no physical path to the internet. It avoids the problems altogether.

9 posted on 08/07/2013 8:12:38 AM PDT by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: molson209

“The NSA Utah Data Center is The Cloud”

That is NSA’s wholly owned cloud but I guess if you have stuff in Microsoft’s free skydrive cloud or Amazons or Googles...then it is also being kept in the NSA cloud.

NSA bureaucrats were jealous of google’s data centers so they built their own. Paranoid hack politicians in DC threw billions at NSA for anything they wanted


10 posted on 08/07/2013 8:13:02 AM PDT by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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To: Da Coyote

Correct, see my post 9.


11 posted on 08/07/2013 8:13:30 AM PDT by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: dennisw

And still no one says much about the fact that James Clapper was an executive with Booz-Allen (The company that Edward Snowden worked for) before taking the NSA gig.


12 posted on 08/07/2013 8:13:34 AM PDT by cripplecreek (REMEMBER THE RIVER RAISIN!)
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To: dennisw

Joni Mitchell Both Sides, Now
Songwriters: MITCHELL, JONI

Bows and flows of angel hair
And ice cream castles in the air
And feather canyons everywhere
I’ve looked at clouds that way

But now they only block the sun
They rain and snow on everyone
So many things I would have done
But clouds got in my way

I’ve looked at clouds from both sides now
From up and down, and still somehow
It’s cloud illusions I recall
I really don’t know clouds at all

Moons and Junes and Ferris wheels
The dizzy dancing way you feel
As every fairy tale comes real
I’ve looked at love that way

But now it’s just another show
You leave ‘em laughing when you go
And if you care, don’t let them know
Don’t give yourself away

I’ve looked at love from both sides now
From give and take, and still somehow
It’s love’s illusions I recall
I really don’t know love at all

Tears and fears and feeling proud
To say “I love you” right out loud
Dreams and schemes and circus crowds
I’ve looked at life that way

Oh but now old friends are acting strange
They shake their heads, they say I’ve changed
Well something’s lost but something’s gained
In living every day

I’ve looked at life from both sides now
From WIN and LOSE and still somehow
It’s life’s illusions I recall
I really don’t know life at all

I’ve looked at life from both sides now
From up and down and still somehow
It’s life’s illusions I recall
I really don’t know life at all


13 posted on 08/07/2013 8:17:50 AM PDT by Red Badger (Want to be surprised? Google your own name......Want to have fun? Google your friend's names........)
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To: cripplecreek
And still no one says much about the fact that James Clapper was an executive with Booz-Allen (The company that Edward Snowden worked for) before taking the NSA gig.

There is a lucrative revolving door between NSA and its contractors. Get your contractor buddies some huge contacts and you get a nice high paying job with them after retirement or while taking a breather fromGov't jobs for while.

NSA is just another Federal jobs program a black hole sucking taxes from the productive sectors of America

Smaller NSA that targets terrorists and US mosques and Muslims and does not spy on all Americans is fine by me

14 posted on 08/07/2013 8:27:27 AM PDT by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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To: dennisw

We pay out something like a half trillion dollars per year to government contracted companies. Some are valuable and necessary but most are just leeches.


15 posted on 08/07/2013 8:30:06 AM PDT by cripplecreek (REMEMBER THE RIVER RAISIN!)
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To: dennisw

Take your data that you download online, put it on some portable media, and then transfer it to a computer that has NO connection to the outside world. That’s the only way to keep the government’s prying eyes from looking at you and mining your data. Make sure that PC has no wireless or LAN, or even an old phone modem. The only connection to the outside world should be power cord, and that’s it.


16 posted on 08/07/2013 8:37:01 AM PDT by factoryrat (We are the producers, the creators. Grow it, mine it, build it.)
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You are Free Republic.
Please Contribute Today!

17 posted on 08/07/2013 8:56:58 AM PDT by RedMDer (http://www.dontfundobamacare.com/)
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To: dennisw

People would have to be delusional to upload anything to “the cloud” after the NSA spying on All American citizens revelations. There wasn’t anyway I would do it to begin with but with the NSA and alphabet agencies spying on us ALL, as they say in New Jersey: Fagedaboudit!


18 posted on 08/07/2013 8:58:08 AM PDT by Jmouse007 (Deliver us from this evil, in Jesus name, amen.)
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To: Baseballguy

Huh?

“Your cloud?”


19 posted on 08/07/2013 9:00:19 AM PDT by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: OneWingedShark

I interviewed with Alexa back in 2000’ish and had the same concern, which I stupidly voiced at my offer meeting.

Strange...I didn’t get the job.


20 posted on 08/07/2013 9:02:35 AM PDT by Vendome (Don't take life so seriously, you won't live through it anyway)
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