A new International Data Corporation (IDC) whitepaper sponsored by AWS, Trusted Cloud: Overcoming the Tension Between Data Sovereignty and Accelerated Digital Transformation, examines the importance of the cloud in building the future of digital EU organizations. IDC predicts that 70% of CEOs of large European organizations will be incentivized to generate at least 40% of their revenues from digital by 2025, which means they have to accelerate their digital transformation. In a 2022 IDC survey of CEOs across Europe, 46% of European CEOs will accelerate the shift to cloud as their most strategic IT initiative in 2022.
In the whitepaper, IDC offers perspectives on how operational effectiveness, digital investment, and ultimately business growth need to be balanced with data sovereignty requirements. IDC defines data sovereignty as “a subset of digital sovereignty. It is the concept of data being subject to the laws and governance structures within the country it is collected or pertains to.”
IDC provides a perspective on some of the current discourse on cloud data sovereignty, including extraterritorial reach of foreign intelligence under national security laws, and the level of protection for individuals’ privacy in-country or with cross-border data transfer. The Schrems II decision and its implications with respect to personal data transfers between the EU and US has left many organizations grappling with how to comply with their legal requirements when transferring data outside the EU.
IDC provides the following background on controls in the cloud:
For more information about how to translate your data sovereignty requirements into an actionable business and IT strategy, read the full IDC whitepaper Trusted Cloud: Overcoming the Tension Between Data Sovereignty and Accelerated Digital Transformation. You can also read more about AWS commitments to protect EU customers’ data on our EU data protection webpage.
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Marta is a Seattle-native and Senior Product Marketing Manager in AWS Security Product Marketing, where she focuses on data protection services. Outside of work you’ll find her trying to convince Jack, her rescue dog, not to chase squirrels and crows (with limited success).
Orlando is Amazon Web Services’ Worldwide Public Sector Lead for Security & Compliance in EMEA. Orlando customers with their security and compliance and adopting AWS. Orlando specialises in Cyber Security, with a background in security consultancy, penetration testing and compliance; he holds a CISSP, CCSP and CCSK.