Published: June 08, 2012
In a report released this week, Business Roundtable (BRT) expressed concerns about the emerging threat posed by local data server requirements now being implemented in several countries.
“Promoting Economic Growth through Smart Global Information Technology Policy” focuses on the significant downside of requiring the use of server infrastructure within the borders of a country, rather than allowing businesses flexibility to determine the most secure, reliable and economically effective locations for servers.
To reverse the tide of local data server requirements, BRT is calling on the U.S. Government to:
Local data server requirements hurt economic productivity and dramatically undercut the efficiencies and scalability made possible by cloud computing and networked technologies.
Business Roundtable (BRT) is an association of chief executive officers of leading U.S. companies with over $6 trillion in annual revenues and more than 14 million employees. BRT member companies comprise nearly a third of the total value of the U.S. stock market and invest more than $150 billion annually in research and development – nearly half of all private U.S. R&D spending. Our companies pay $163 billion in dividends to shareholders and generate an estimated $420 billion in sales for small and medium-sized businesses annually.
BRT companies give nearly $9 billion a year in combined charitable contributions.