May 1, 2023
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“UK companies, and the overall financial system, profit from robust competitors amongst IT suppliers, and the cloud has made switching between suppliers simpler than ever. “We are committed to making sure the UK cloud trade stays innovative, highly competitive and an accelerator for growth across the economy,” it said. “This can make it difficult to discount for an excellent cope with their supplier, or to combine and match the absolute best quality services throughout completely different providers. “These market options could make it challenging for some clients to modify or use a quantity of cloud suppliers,” the regulator added. Issues of concern for the watchdog included so-called Egress fees – the fees that customers pay to switch their knowledge out of a cloud. It follows a research by the telecoms watchdog Ofcom which “recognized options that make it more difficult for UK businesses to change and use multiple cloud suppliers”.…
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