Industry executives and experts share their predictions for 2021. Read them in this 13th annual VMblog.com series exclusive.
Data Policy Wars to Drive Cloud Platform Innovation
By Kalle Kagi, VP of European Operations and Corporate
Development at Intertrust
With
the launch of AWS and the mainstreaming of cloud computing, commercial use of
data has exploded. But, the various SaaS and social media services enabled by
cloud computing have also resulted in governments around the world
enacting an ever-growing number of regulations on the industry. Facing this
unstoppable trend, cloud platform companies need to meet it by innovating in
ways that will benefit the industry as a whole.
The
first shots in this "war" have come in the name of data privacy. Responding to
citizens' concerns, governments are pursuing policies that try to balance data
privacy and a flexible business environment.
Starting
with the GDPR, the EU has acted as the data privacy flagship by introducing
policies to guarantee its citizens rights vis a vis the ever-growing internet
industry represented by Google, Facebook, etc. Countries with large markets
such as China and India are also instituting data privacy regulations. Even in
the U.S., state governments like California are devising their own. Of course, another driving
force behind data privacy regulations is protecting national economic
interests.
With
the expansion of these regulations, single cloud data repositories are becoming
nearly impossible. Since data storage tends to grow infinitely, it is becoming
harder and more expensive to migrate everything into a single cloud location
anyway.
The
cloud computing industry is now challenged to create solutions able to analyze
data from multiple sources. Today, it is relatively easy to create a custom
solution to securely analyze data subsets from a small number of predetermined
datasets. It is still difficult to create a fully customizable data management
system capable of connecting to any desired third-party data source, securing
data rights, and making the system fast and scalable. In 2021, cloud
computing platforms will need to innovate to meet this demand.
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About the Author
Kalle Kagi is VP of European Operations and Corporate
Development at Intertrust. 30 years of innovation and counting,
Intertrust's solutions are uniquely suited to today's distributed computing
environments. From IoT to the cloud, our products ensure the security, privacy,
and policy enforcement required for trusted data sharing and governance. https://www.intertrust.com/