Confidence key for cloud computing revolution

Jeff Gould by Jeff Gould,
Friday, November 2, 2012

The European Commission says it thinks cloud computing can drive €900bn  additional gross domestic product growth and create 3.8 million new jobs in the  European Union, all by the end of the present decade. Of course one never quite  knows what to make of such forecasts. Their premises are always subject to  debate, while the validity of their suspiciously precise extrapolations is  impossible to prove. Nevertheless, we can probably all agree that cloud  computing will be important in Europe's future and is likely to bring  significant economic benefits.

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