{"id":8531,"date":"2013-08-06T23:23:11","date_gmt":"2013-08-06T23:23:11","guid":{"rendered":"http:\/\/www.cloudcomputing-news.net\/news\/2013\/aug\/07\/us-cloud-industry-set-lose-35bn-because-prism\/"},"modified":"2013-08-06T23:23:11","modified_gmt":"2013-08-06T23:23:11","slug":"us-cloud-industry-set-to-lose-up-to-35bn-because-of-prism","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/us-cloud-industry-set-to-lose-up-to-35bn-because-of-prism\/","title":{"rendered":"US cloud industry set to lose up to $35bn because of PRISM"},"content":{"rendered":"<p>According to a report from the Information Technology and Innovation Foundation (ITIF), the repercussions of PRISM means that, over the next three years, the US cloud computing industry can lose from $22bn to $35bn due to reneged market share.<\/p>\n<p>Anyone hoping this is a brand new piece of research may be slightly disappointed, although they&rsquo;re not entirely wrong either.<\/p>\n<p>Last month, CloudTech reported on a survey from the Cloud Security Alliance (CSA) which revealed how, for one in 10 companies, they had gone so far as to cancel business with a US CSP because of the PRISM allegations.<\/p>\n<p>And the ITIF report admits partially guesstimating these figures from the CSA research. &ldquo;We might reasonably conclude,&rdquo; the report author, Daniel Castro writes, &ldquo;that given current conditions, US cloud service providers stand to lose somewhere between 10 and 20% of the foreign market in the next few years.&rdquo;<\/p>\n<p>The report gives &#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to a report from the Information Technology and Innovation Foundation (ITIF), the repercussions of PRISM means that, over the next three years, the US cloud computing industry can lose from $22bn to $35bn due to reneged market share.<br \/>\nAnyone h&#8230;<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-8531","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/8531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=8531"}],"version-history":[{"count":0,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/8531\/revisions"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=8531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=8531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=8531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}