Risks for European Companies Adopting a Cloud Strategy

The economic outlook for the European region as a whole is a healthy one. Analysts at IDC are forecasting the European cloud market will reach €80 billion by 2020. It’s one reason why the market is attracting so much interest from providers of Cloud service platforms. Today, global giants like Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform compete alongside locally-based suppliers like ElasticHosts in the UK to win market share. That said, the market is by no means an easy one. Currently only around 1-in-5 (21%) European businesses have adopted a cloud-computing strategy with the UK and Nordic regions leading the way. In this article, I want to discuss some of the top security concerns Europe’s IT pros shared with Netwrix in our recent Cloud Security In-Depth Report.

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