Intelligent CIO Europe Issue 26 | Page 28

TRENDING //////////////////////////////////////////////////////////////////// cannot peer into the code being executed by a cloud consumer) will move towards the mainstream and will allow enterprises to run their computation in a secure manner. Data regulation will influence enterprise IT strategies Today, many enterprises buy and sell data in order to get a competitive advantage, but these enterprises must adhere to government regulations for personal data privacy and protection. What started with the EU’s General Data Protection Regulation (GDPR) is now transcending into other local regulatory frameworks such as the California Consumer Privacy Act (CCPA) among many others and “ THE WORLD ECONOMIC FORUM HAS RANKED BREACHES IN CYBERSECURITY AS ONE OF THE TOP RISKS FACING OUR GLOBAL COMMUNITY. requirements around data privacy’ as a threat to their company. Equinix predicts IT strategies will increasingly focus on data privacy, with continued application of the secure discovery, classification and encryption of Personally Identifiable Information (PII). Equinix believes HSMs will be an integral part of a data security architecture and strategy for encrypting PII and providing an exceptionally high level of security for safeguarding data. Digital Transformation will provide a foundation for a more sustainable world According to an Equinix Survey, 42% of IT decision-makers agree that the ‘greenness’ of a company’s suppliers has a direct impact on their buying decisions. Equinix anticipates that with increasing pressures on the world’s resources and the increasing desire by many companies to cut emissions, Digital Transformation could begin to set the world’s economy on a progressively sustainable footing. Sustainability will likely be an initiative for world-class organisations as stakeholders increasingly look to digital businesses to lead and innovate in areas of environmental responsibility and sustainability. Equinix further predicts that digital and technology innovations will provide companies with the opportunity to overcome barriers, such as the geographic dispersion of supply chains to the complexity of materials and deconstructing products. is putting more pressure on enterprises to ensure data compliance. In fact, there are 121 countries that have either already announced or are in the process of formulating data sovereignty laws that prevent the movement of their citizens’ personal data outside the country’s boundaries. Equinix believes we will see further complexity in protecting personal data 28 INTELLIGENTCIO as global trends towards stricter or new data privacy regulations continue to gain momentum, making it more difficult for global companies distributed across multiple markets to navigate. In a recent survey commissioned by Equinix of over 2,450 IT decision-makers across the world, 69% of the global respondents listed ‘complying with data protection regulations’ as a top priority for their business, while 43% of them reported ‘changing regulatory Machine-to-machine and data analytics enable companies to match the supply and demand for underused assets and products. The cloud, in combination with mobile, can dematerialise products or even entire industries. Equinix anticipates that as businesses depend on data centre resources to connect with customers and run many aspects of their operations, they will look to vendor-neutral colocation data centre providers who are committed, vocal and proven champions for advancing environmental sustainability. n www.intelligentcio.com