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Neelie Kroes, Commissioner for the Digital Agenda (Photo: EC)

The European Commission released yesterday (27 September) its EU strategy on cloud computing, which promotes off-site data storage in a bid to create new jobs and raise €160 billion per year in information technology savings.

Neelie Kroes, commissioner for the digital agenda, said the strategy would translate into savings of around €300 per person each year. Once the strategy is fully underway, the EU executive said it expected gains of some €600 billion between 2015 and 2020 overall.

The commissioner also sees cloud services as a driver for economic growth, saying it could generate 2.5 million new jobs, depending on how efficiently the strategy is taken up.

To read the original article: Brussels sees gold lining to cloud computing | EurActiv