According to Thierry Breton, Commissioner for the Internal Market, “Europe needs to join forces to lead on the current and upcoming wave of industrial and public data. This declaration is promising and shows the depth of the change that we witness. There is a common understanding that it is vital that any data can be stored and processed in Europe, according to European rules and standards. That will be a key pillar of our digital sovereignty for this Digital Decade and will propel Europe’s recovery, ensure long-term competitiveness and help us reach climate sustainability.”
“Thousands of our customers have found AWS Snowball devices to be ideal for collecting data and running applications in remote and harsh environments. Since 2015, customer use of Snowball devices has greatly increased, as has their need for an even smaller device with even greater portability,” said Bill Vass, VP of Storage, Automation and Management Services, AWS. “With more applications running at the edge for an expanding range of use cases, like analyzing IoT sensor data and machine learning inference, AWS Snowcone makes it easier to collect, store, pre-process, and transfer data from harsh environments with limited space to AWS for more intensive processing.”
According to the European Securities and Market Authority (ESMA) Chair, Steven Maijoor, cloud outsourcing can bring benefits to firms and their customers, for example, reduced costs and enhanced operational efficiency and flexibility. Cloud outsourcing also raises important challenges and risks that need to be properly addressed, particularly in relation to data protection and information security. Financial markets participants should be careful that they do not become overly reliant on their cloud services providers. They also need to closely monitor the performance and the security measures of their cloud service provider and make sure that they are able to exit cloud outsourcing arrangements as and when necessary.
According to the National Security Agency, managing risk in the cloud requires that customers fully consider exposure to threats and vulnerabilities, not only during procurement but also as an on-going process. Clouds can provide a number of security advantages over traditional, on-premises technology, such as the ability to thoroughly automate security-relevant processes, including threat and incident response. With careful implementation and management, cloud capabilities can minimize risks associated with cloud adoption, and empower customers to take advantage of cloud security enhancements.
Much of the discussion about cloud services remains focused on the needs of less-mature organizations and on technical rather than business considerations. Debate concentrates on whether to move to the cloud, which workloads are best to “lift and shift” from a cost, security and compliance perspective or how to avoid supplier lock-in, currently one of the biggest concerns when moving to the cloud.
Epiq announces the release of its new cloud-based eDiscovery platform, Epiq Discovery. Epiq Discovery is a collection, processing, review, and production platform that delivers early case assessment, highly scalable processing, and the most efficient review and production of eDiscovery data.
“To meet developers’ needs, we looked at multiple different approaches to supporting MongoDB workloads and concluded that the best way to improve the customer experience was to build a new purpose-built document database from the ground up, while supporting the same MongoDB APIs that our customers currently use and like. This effort took more than two years of development, and we’re excited to make this available to our customers today.”
To help companies embrace the hybrid cloud, Amazon Web Services recently announced plans to provide enterprises with on-premises hardware that will allow them to use AWS cloud services inside their own data centers.
This press announcement by OpenText highlights the acquisition and proposed use of the creative collaboration and file sharing solutions from Hightail to enhance OpenText content services. While not directly addressed in the release as a component of OpenText’s eDiscovery plans, it is reasonable to highlight that the transfer and ingestion of large data sets can be a challenge for eDiscovery practitioners, a fact highlighted in recent eDiscovery software provider announcements around data transfers.
Where does the U.S. Department of Justice (DOJ) turn when it needs business enterprise data stored on the cloud for a criminal investigation? According to a recent DOJ memo, the default rule is now turn to the business enterprise first and the cloud only if necessary.