About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Full Backing for European Commission Consultation on Cloud Computing

Subscribe to our newsletter

The Cloud Industry Forum has warmly welcomed the news that the European Commission has launched a public consultation on the benefits that cloud computing can deliver.

Launched by Neelie Kroes, European Commission Vice President for the Digital Agenda, the consultation is seeking views from citizens, businesses, public administrations and other interested parties on how to fully benefit from ‘cloud computing’.

Andy Burton, Chair of the Cloud Industry Forum and CEO of Fasthosts, stated: “It is now clear that interest in the Cloud computing model is reaching the very highest levels of awareness amongst our lawmakers, be that here in the UK or indeed, in Europe.  CIF has already presented evidence to one of the key Select Committees in the House of Commons here in the UK, and is now preparing to submit evidence as part of this major consultation process.

“The EU consultation is inviting all interested parties, in particular cloud developers and cloud users, to explain their experience, needs, expectations and insights into the use and provision of cloud computing. We have recently announced the findings of our own extensive research into the trends and adoption rates of cloud computing here in the UK, which I believe will be of tremendous interest to the Commission,” he added.

In a statement issued Neelie Kroes, European Commission Vice President for the Digital Agenda, said: “I am excited about the potential benefits of cloud computing to cut costs, improve services and open up new business opportunities. We need a well-defined cloud computing strategy to ensure that we make the best use of this potential. The input we are requesting from all interested parties is important to get it right.”
Andy Burton continued: “I am convinced that the Cloud will present a number of opportunities for the European telecoms and IT sectors, as well as for users of those services. This is why we will actively participate in this consultation exercise over the next few months.”

The consultation is looking for specific feedback on a number of particular issues:

  • data protection and liability questions, in particular in cross-border situations;
  • other legal and technical barriers that can slow down the development of cloud computing in Europe;
  • standardisation and interoperability solutions;
  • uptake of cloud services, in particular by SMEs;
  • ways to promote research and innovation in cloud computing.
Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: The ROI of Data Trust: Quantifying the Business Value of Data Observability

Date: 8 July 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Data is the fuel that keeps modern financial institutions’ motors running but if that data can’t be trusted then the decisions made based upon it, or the uses to which its put, will be compromised. That’s especially important for...

BLOG

SEC and CFTC Recalibrate Private Fund Reporting for Systemic Risk Oversight

The SEC and CFTC have proposed a substantial reset of Form PF, raising reporting thresholds and streamlining requirements for private fund advisers while preserving supervisory access to data on the largest and most systemically relevant managers. The proposed rule would lift the general filing threshold from $150 million to $1 billion in private fund assets...

EVENT

Eagle Alpha Alternative Data Conference, Spring, New York, hosted by A-Team Group

Now in its 9th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

AI in Capital Markets Handbook 2026

AI adoption in capital markets has moved into a more disciplined phase. The priority is now controlled deployment: where AI can be used safely, where it can deliver measurable value, and how outputs can be governed, monitored and evidenced. The 2026 edition of the AI in Capital Markets Handbook examines how AI is being applied...