DCN July 2016 - Page 7

industry news UK firms ‘in the dark’ about impact of new EU data protection legislation BROADGROUP ANNOUNCES DATACLOUD ASIA CONGRESS BroadGroup has announced the launch of Datacloud Asia, the data centre and cloud finance and deal making forum to take place in Singapore on 23rd February 2017. Following the huge success of the European and Nordic events, the congress has now moved to Asia and will assess investment and growth opportunities across the region. The premier forum will also include the first Asia Data Centre and Cloud Awards dinner and ceremony. Datacloud Asia will include an impressive line-up of guest speakers from leading international players and will feature the latest findings from a special Regional Report based on BroadGroup’s research. Philip Low, managing director of BroadGroup said, ‘Asia hubs is the central theme of this new event with a strong focus on investors, enterprises and doing deals. It also aims to offer inspiring insights and thought provoking points of view for companies seeking a better way of hosting and colocating in the new reality of a data driven and cloud connected world.’ The forum will also highlight the unique value of locating or outsourcing data centre, cloud and IT infrastructure across the important and fast growing Asia region. For further information visit: www.datacloud.asia Cloud transition faster than you think according to Uptime Institute 2016 Data Center Industry Survey Uptime Institute has announced the results of the 2016 Uptime Institute Data Center Industry Survey. The sixth annual survey provides an overview of the major trends shaping IT infrastructure delivery and strategy. According to survey findings, 50 per cent of senior enterprise IT executives expect the majority of IT workloads to reside off-premise in cloud or colocation sites in the future. Of those respondents 70 per cent expect that shift to occur by 2020, and 23 per cent expect the shift will happen by next year. ‘The shift is occurring, and our findings show an industry in a state of flux,’ said Matt Stansberry, director of content and publications for Uptime Institute. ‘We saw the trends lining up beginning with our 2013 survey, noting that enterprise IT teams were not effectively communicating data centre cost and performance metrics to their C-level executives. The business demand for agility and cost transparency has driven workloads to the public cloud. Our counsel to data centre and IT professionals is to become more effective at articulating and showcasing their value to the business.’ The majority of the UK’s small and medium sized businesses (SMEs) have either not heard of – or are uncertain about - the impact of the EU’s new data protection legislation, General Data Protection Regulation (GDPR), which was adopted in April 2016 and takes effect within two years.  The findings, which form part of Close Brothers’ quarterly survey of UK SME owners and senior management from a range of sectors, found that 82 per cent of companies have either not heard of GDPR or don’t understand its impact; a further 14 per cent will need to take further advice. Only four per cent of SMEs say they understand the legislation and are clear about the effect GDPR will have on their business. ‘GDPR is one of the most significant and anticipated pieces of legislation conceived in the EU in recent years,’ explained Ian McVicar, managing director, Close Brothers Technology Services. ‘It is intended to strengthen and unify data protection for individuals within the EU. ‘What these results demonstrate is that there is a clear lack of understanding at all levels and across all sectors. One of the headline figures that has been focused on is the penalty for non-compliance, which is up to four per cent of annual revenue or €20m, whichever is the higher. ‘We would like businesses to think positively about GDPR and understand how it can benefit both