Are US Tech Companies Suffering a Slow and Agonizing Death?

Are technology companies in the United States now suffering from a slow and agonizing death? In what is being called “,” the infamous former contractor’s disclosures revealing the extent of worldwide efforts have prompted companies to avoid or leave US technology firms in droves. This has been especially true with regard to US-based cloud services since it was realized that most of the largest US tech companies’ cloud computing systems have had their data accessed by the . This revelation has caused approximately a ten percent drop in customers from cancelled contracts, according to a survey from industry group Cloud Security Alliance. Some argue that that President Barack Obama has added fuel to the fire of tech industry problems by emphasizing how the surveillance program focuses on people outside of the United States. One of the biggest problems that plague these US companies is the perception that they are giving their data directly to the .

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Author: Steve Beaver, The Virtualization Practice

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