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Brexit: what happens next?
In the aftermath of the recent EU referendum, we find ourselves in the midst of a historic moment for the UK, with plenty of uncertainty in the air. So what does leaving the European Union mean for the cloud/data centre sector? Cloud Hosting magazine gathers opinion from across the industry
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Opinion |
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Case study |
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Comment
Welcome to the September issue of our eNewsletter, which looks at the potential impact of Brexit. Concerns are raised by various industry experts around topics as diverse as the cost of power, skills shortages, data sovereignty and even the possibility of wholesale exodus of businesses out of the UK - and especially London. "Since the Safe Harbour ruling in October 2015, we have been expecting more storage and processing of data to move into the EU," said Aditya Kishore of Data Centre Dynamics. "This dynamic initially favoured new investment in London, but if it is no longer part of the EU, it may result in data transferring out of London, rather than into it."
For its part, Amazon has already said the decision to leave the EU will not impact its decision to open data centres here. UK manager Gavin Jackson told the audience at AWS Summit in London at the start of July: "We will continue to be an inward investor into the UK, and yes, we will continue on our path to launching a UK region at the end of this year or the beginning of next year”. Meanwhile Forrester analyst Paul Miller describes Brexit as having 'added wrinkles' to a number of decision processes, and goes on: "Those wrinkles add complexity, and that complexity adds cost. But if those cloud-based workloads are valuable enough to the business, they will survive Brexit." Interesting times indeed!
We’d love to hear what you think – as ever you can share your views via the email address below.
David Tyler
Editor
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