Communications and collaborations tools can be considered the engines of today’s corporate world. It’s what keeps us informed, collaborative and effective, no matter how dispersed the workforce. At the same time, there are rising concerns about all the senstive information exchanged over these tools – information that is crossing borders where regulations may vary in terms of how (well) it’s protected.
As a global provider of video-powered communciations and collaborations, Pexip sees a tightening of local laws and regulations related to data privacy, access and control. This means that organizations now need to take data sovereignty into account when selecting vendors, to ensure that they are always in compliance with local requirements.
We see five key trends that are driving this increased focus on data sovereignty.
1. Data Privacy Concerns
With increasing concerns about data privacy and the protection of personal information, many organizations in the EMEA region are looking for solutions that allow them to store and process data within their own borders, rather than relying on solutions provided by third-party providers based in other countries.
2. Compliance with Local Regulations
There are a number of data protection regulations in the EMEA region that impose strict requirements on the handling of personal data. By using sovereign-based collaboration solutions, organizations can ensure that they are fully compliant with these regulations.
3. Cybersecurity Risks
As cyber threats continue to increase, organizations seek solutions that can help mitigate the risks associated with the storage and transmission of sensitive data. Sovereign-based collaboration solutions can help address these risks by providing organizations with greater control over their data and the ability to secure it within their own borders.
4. Cost Savings
For some organizations, using a sovereign-based collaboration solution can be more cost-effective than using a third-party provider, as it eliminates the need to pay for data storage and transmission costs.
5. Competitive Advantage
For some organizations, using a sovereign-based collaboration solution can provide a competitive advantage, as it can help them better protect their intellectual property and sensitive business information.
Dig deeper into this topic in our “Organization’s Guide to Compliant Collaboration”.
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