Parallels presents the second episode of Between Two Clouds: Ripped from the Headlines Edition. We landed an exclusive interview with Agent Smith of the US federal government to talk about data sovereignty and its impact on the global cloud market.
Whitney Knowlton, Sr. Business Analyst, Parallels, interviews "Agent John Smith" from an unknown US federal government department. Whitney asks Agent Smith about the US District Court decision by Judge Loretta Preska of New York, granting US government agencies the authority to reach into a US-based company's data, regardless of where the data and data center is located.
Essentially, if data is stored by a US based company, regardless of whose data it is, or where the data is stored, the US government has decided that they can have access to that data, sometimes without a warrant.
"Agent Smith" is less than transparent in his answers about how the ruling would impact the cloud computing industry. Whitney states that US cloud companies are at risk to lose billions of dollars to their competitors in other countries. Citing the Information Technology and Innovation Foundation, Whitney states that the Edward Snowden revelations could cost the US cloud computing industry $22 to $35 billion dollars over the next three years.
Ever since the Edward Snowden leaks, major US companies like IBM, Cisco, and Microsoft, have reported lower sales outside of the US. Additionally, European telcos are pitching local storage to their customers.
Each month, Whitney will interview a key player in the Cloud Services industry. Do you have a subject or guest speaker you’d like to see in an upcoming episode of Between Two Clouds? Let us know what you’d like to see by leaving a comment below & be sure to like this video and subscribe to our channel, to make sure you get all of the latest episodes of Between Two Clouds as soon as they post.
*Agent Smith not a real government official and has no affiliation with the US government. He just plays one on TV.