Microsoft: Cloud could create up to 1.5 million new jobs in Europe

By Tom Warren, on 24th Jan 11 7:45 pm with 1 Comment

Microsoft has been beating the Cloud drum again today.

It’s Cloud Monday at Microsoft this week as the software giant continues its emphasis on Cloud computing. Microsoft’s Daniel Reed urged the industry as a whole on Monday, to consider privacy and security when implementing and utilizing cloud technologies. The Microsoft Research head of Supercomputing warned that there are deep social aspects to the Cloud that everyone needs to consider globally.

Microsoft’s Senior Vice President and General Counsel, Brad Smith, visited Paris on Monday to discuss the potential of cloud computing in Europe and countries around the world. Smith revealed that economists at the University of Milan estimate new and existing companies using cloud services could create between 300,000 and 1.5 million new jobs in Europe in the next five years. “If so, that could reduce Europe’s unemployment rate from 0.3 percent to 0.6 percent and boost gross domestic product growth by 0.1 percent to 0.3 percent,” claims Smith.

Smith also warned of the challenges for cloud computing across the indstury. “Cloud users need confidence that as their data moves from the desktop to the cloud, it will stay private and secure. Aligned with this is the need for greater transparency the collection and use of user data,” wrote Smith in a blog posting on Monday. Microsoft is urging industry leaders, businesses and governments to collectively do a “better job of understand users’ concerns.” Smith singles out ways that goverments could take steps to ensure that existing regulatory frameworks are suited to the cloud:

1. Develop more balanced and predictable rules governing cloud vendors to enhance legal certainty for cloud services.

2. Create laws that are more results-oriented by ensuring that regulatory rules measure compliance against desired outcomes, rather than freezing in time the means by which an outcome is achieved.

3. Facilitate easier movement of data across borders while maintaining legal protection for consumers.

“Ultimately, this is going to require governments and industry to work together, just as they did in fostering past eras of IT-driven growth”, says Smith. Microsoft says it will continue to encourage governments to revisit regulatory frameworks and provide greater certaintiy forwards a global framework for cloud computing. Smith rounded off his message promising Microsoft’s full commitment privacy, security and the cloud:

“At Microsoft, we remain committed to doing our part, both through our privacy and security practices, and in our support of legal reform. We are actively engaged in helping to facilitate discussions between governments and industry. And we will remain passionately engaged to help extend the benefits of cloud computing to people and organizations around the world.”

  • Hwieland

    At the recent EuroCloud entitled, “Let’s Flatten Europe, speakers from Microsoft, NTRglobal, NaviSite, Mimecast, SAP and representatives from a number of European countries, discussed barriers, both real and imagined, that face cloud providers who want to expand out of their home countries and deliver services across national borders in Europe. See more on Phil Wainewright’s blog: http://www.zdnet.com/blog/saas/is-it-too-late-for-europe-to-fight-back/1241