“By itself, the U.S. data center industry by way of ‘cloud services’ could lose up to $ 35 billion over the next three years following the revelations of Edward Snowden, according to the think -tank initiative (Information Technology & Innovation Foundation).The World Association Cloud Security Alliance, which brings together the main stakeholders, interviewed in July targeting its 207 member companies, non-US following the Snowden revelations, 56% of them are ‘less likely’ to use American services, and 10% actually canceled draft contracts. But Europe is still far from being able to offer services that can compete with the U.S. market.”
http://www.digitaljournal.com/article/360832
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