(The Hosting News) – The European Union placed its bets on the cloud Thursday, detailing a goal to create 2.5 million new jobs in the industry by following a proposed strategy. Steps the commission hopes to take could provide a significant boost for the European economy, bringing in an additional 160 billion Euros sometime within the next eight years.
“Europe needs to think big,” emphasized EU Vice President Viviane Reding in a press release.
“The cloud strategy will enhance trust in innovative computing solutions and boost a competitive digital single market where Europeans feel safe. That means a swift adoption of the new data protection framework which the Commission proposed earlier this year and the development of safe and fair contract terms and conditions,” Reding commented.
Steps of the strategy include the formation of new technical standards providing for things like data portability, interoperability and reversibility. The EU is asking that those be identified by next year.
Partnerships also play an integral part in the plan. “A European Cloud Partnership with Member States and industry to harness the public sector’s buying power (20% of all IT spending) to shape the European cloud market, boost the chances for European cloud providers to grow to achieve a competitive scale, and deliver cheaper and better eGovernment,” stated the press release.
Other aspects, meanwhile, include developing contract terms deemed ‘safe and fair’ via service level agreements along with supporting “EU-wide certification schemes for trustworthy cloud providers.” The EU is hoping to play an integral role in shaping the continent’s cloud future. Also in the works is a new cyber security strategy to be announced shortly.