Cloud services provider Cloud Carib, a company from The Bahamas delivering its managed cloud services in the Caribbean and Latin American region, is now joining the VMware Sovereign Cloud Initiative, helping clients better protect national sovereignty within its region of operation.
Now that Cloud Carib is a part of the VMware Sovereign Cloud Initiative, it may assist clients in effectively defending their countries’ sovereignty within its area of operation. The announcement was made by the IT company after attending the VMware Explore 2022 Europe conference, formerly known as VMworld, recently in Barcelona. VMware Sovereign Cloud partners provide essential sovereign capabilities to countries, ensuring that classified data is safe, compliant, and legally present on national soil.
Many countries globally each have their own laws governing the management and storage of data within their national boundaries, and the majority of these laws are constantly being updated. As a VMware Sovereign Cloud provider, Cloud Carib would have the necessary skills to offer government agencies, the public sector, and any client with data residency needs or concerns more secure and compliant cloud services.
“We’re extremely proud to be the first Caribbean company to join the Sovereign Cloud Initiative and are committed to helping digital transformation Initiatives realize sovereignty for the protection of the communities we serve,” said Stelios Xeroudakis, Cloud Carib’s Founder and Chief Technology Officer (CTO). “We’re dedicated to bringing sovereign cloud services to our clients, advancing the region’s data protection and sovereignty commitments, and supporting nations as they modernize and protect their data within their borders.”
Driving Digital Transformation
In order to meet geo-specific requirements for data sovereignty and jurisdictional control, data access and integrity, data security and compliance, data independence and mobility, and data analytics and innovation, customers can use the VMware Sovereign Cloud initiative to connect with reputable national cloud service providers.
“There is no data sovereignty without cloud sovereignty. And sovereignty does not have to come at the expense of cloud innovation,” said Rajeev Bhardwaj, Vice President Cloud Provider Platform Solutions at VMware. “VMware Sovereign Cloud providers such as Cloud Carib can help customers innovate and drive digital transformation while reducing the risk of unlocking the value of data.”
According to recent study conducted by Vanson Bourne that VMware had sponsored, 50% of the organizations polled believe that data will be a substantial source of income over the next two years, and 96% of all companies feel that data will be a source of revenue. It is hardly unexpected that more corporate executives are focusing on their data as an untapped cash stream as the economy becomes more unstable. However, the drawback is almost as significant: 95% of respondents said they were concerned about data sovereignty, which they listed as one of the major issues confronting enterprises. Organizations who disregard data sovereignty laws would sometimes face fines in the hundreds of millions of dollars and brand reputational harm as a result of data breach.
“The first jurisdiction to benefit from this rollout is our home base in The Bahamas. Joining the Sovereign Cloud initiative amplifies our decade-long commitment to this region,” said Scott MacKenzie, CEO at Cloud Carib. “So, this really is just the beginning as we aim to further that commitment by offering Sovereign Cloud to each country in the region as regulations evolve and security demands increase.”