European cloud innovation faltering against North America and Asia

Copyright (c) 123RF Stock Photos
Copyright (c) 123RF Stock Photos

A survey by Informa Telecoms & Media and the Cloud World Forum shows that North America and Asia are winning the cloud computing race in market development and innovation. Europe is losing cloud innovators to the United States, because they may leave due to funding. Cloud innovators are pleased with the United States start-up culture and willingness to take an investment risk with the cloud. The survey also showed that developers want governments to provide business incentives for developing cloud service to create a competitive global edge.

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http://vmblog.com/archive/2013/06/20/european-cloud-innovation-faltering-against-north-america-and-asia.aspx