Doug Loewe, the vice president of international sales for Interxion, a company that offers data center and collocation space across Europe, says expanding beyond the UK and into Europe isn’t necessarily a bad thing for companies with international footprints. “Brexit has put a bright spotlight on the need to look at where your data sits, both for data privacy and performance,” noting that having data situated closer to end users decreases latency.
Research firm Gartner expects Brexit will cause some trepidation in the IT market as these data privacy issues are sorted out. “Now many new long-term strategic projects will be put on pause and likely not restarted until 2017,” the research firm noted.
Yip, with BitTitan, is more optimistic. “Bottom line – the UK is the most stable country in EMEA in which to do business,” he notes. “This is the UK’s opportunity to blaze their own trail in the cloud, away from the EU and arguably in a manner more favorable to tech companies looking to innovate while operating under its governing umbrella. In a few years, the EU might be reworking their own regulations to abide by the standards established in the UK.”
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