Why Attend?
Full Overview
New rules such as Europe’s Data Act and the US Cloud Act aim to govern who owns data, how it is stored, and where it is kept. Countries including the UK, Europe, the US and China are asserting more control over how governments, businesses and citizens treat the ever-increasing flow of information.
The move away from globalisation contrasts with widely adopted cloud strategies, which have seen organisations outsource data storage to international providers - within a single cloud, or across multiple clouds. Under that model, the physical location of data and apps may move over time, in order to meet changing efficiency, accessibility and service level agreement needs.
Under full data sovereignty, personal, corporate and industrial information must be located and processed in the jurisdiction where it originated, following the relevant privacy standards and other regulatory requirements. In some cases, certain countries may even insist that local companies manage the data. What is the optimum balance between the flexibility and efficiency of the cloud, and concerns about cybersecurity, geopolitical interference and espionage?
How will tech providers resolve the tensions between cloud strategies and data sovereignty? How will global companies continue to serve customers across markets, amid different sets of fast-changing rules? How can businesses ensure that they are keeping data secure, often across multiple clouds? How difficult is it to move huge amounts of data, or change providers? Who will own the data emitted by - and between - increasingly intelligent machines, devices, platforms, supply chains and cities? Could limitations on international data transfers limit innovation and the ability to collaborate?
The Financial Times, in partnership with VMware, is pleased to present this panel briefing for UK-based senior IT decision makers. Drawing on guests’ expertise in cloud, digitisation and IT security, we will discuss how companies can prepare for evolving digital regulations in a deglobalising world.
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