Exhibitor Press Releases
Half of organisations now see data sovereignty as crucial, with customer trust outweighing compliance burdens
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London, UK: Fifty
one percent of UK organisations now see data sovereignty as a crucial aspect of
their data management approach, according to new research from OVHcloud. The study
of 500 IT decision makers in large organisations showed that organizational
understanding of data sovereignty is rapidly maturing, with more businesses
admitting that data sovereignty is important because of its implications for
customer trust, rather than simply being a compliance challenge.
“Forty one percent of UK organisations told
us that data sovereignty is simply something to be complied with,” said Matt
Tebay, Multi-Cloud Evangelist at OVHcloud. “However, forty two percent said
that it was important to customers, and therefore an asset to them and their
businesses. This shows a change in how companies have traditionally seen data
sovereignty, and an evolution of how they’re approaching it more broadly.”
Over three quarters (77%) of IT decision
makers mentioned that data sovereignty is now more important to their
organization than it was three years ago, with only four percent saying that it
was less important. However, how organisations understood data sovereignty
varied considerably: 40% did see it primarily as a compliance issue, while 36% saw
it as a question of data access, handling or storage, and 28% saw it as
relating to data portability.
“Having a robust data sovereignty strategy
means that you know who controls your data, where it is, who has access to it,
and which regulations it’s subject to,” continued Tebay. “Organisations are
increasingly realizing that it’s not simply a cost and regulatory burden, but
can build better customer trust, enhance governance and provide a layer of
security and transparency to customers.”
The study also revealed that businesses are
willing to put their money where their mouth is, with almost two thirds (65%)
of organisations happy to pay between 11% and 30% more for a sovereign
technology product that would meet all of their regulatory and sovereignty
needs. In fact, only 6.5% were not willing to pay ‘more than normal’ for a
sovereign product.
“Data sovereignty is gaining maturity, but
it’s not an easy matter,” concluded Tebay. “23% of IT decision makers told us
that they viewed data sovereignty as ‘complex and full of drama’, and 27% said
that they thought it was comparable to the hit TV show The Office – and if they
didn’t laugh, they’d cry. Clearly, the intersection of customer trust,
technology, regulation and commercial considerations can make for a challenging
journey, but it’s an important one and like all journeys, the first step is the
most important.”
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About OVHcloud
OVHcloud is a global player and the leading
European cloud provider operating over 450,000 servers within 43 data centers
across 4 continents to reach 1,6 million customers in over 140 countries.
Spearheading a trusted cloud and pioneering a sustainable cloud with the best
performance-price ratio, the Group has been leveraging for over 20 years an
integrated model that guarantees total control of its value chain: from the
design of its servers to the construction and management of its data centers,
including the orchestration of its fiber-optic network. This unique approach
enables OVHcloud to independently cover all the uses of its customers so they
can seize the benefits of an environmentally conscious model with a frugal use
of resources and a carbon footprint reaching the best ratios in the industry.
OVHcloud now offers customers the latest-generation solutions combining
performance, predictable pricing, and complete data sovereignty to support
their unfettered growth.