Sovereign Data (and Digital) Strategy Update June 2023
If, like me, you’ve been studying the press, the information day-after-day provides dramatic updates on the earth of geopolitics. Stories abound:
- Deglobalization
- Reglobalization
- Friend-shoring
- Near-shoring
- De-risking
The checklist of associated phrases is sort of limitless. They all appear to narrate to the reordering of the world we all know it. Interestingly the June copy of Finance and Development from the IMF (“Trade Disrupted“) means that the amount of world commerce has not truly dropped; it’s simply being redirected. Perhaps their knowledge isn’t as updated as my heart-rate monitor. Most financial evaluation makes use of dated data.
What is Going On?
But a number of information articles caught me eye they usually all relate to the insurance policies and tips set by varied sovereign states. All such insurance policies affect how organizations – and to a level people – work, play and use knowledge. Here are a few fascinating threads.
This was a WSJ opinion piece. The article stories on a number of investments corporations in Japanese utilizing funds to safe important chip associated expertise suppliers.
At the intense finish of enterprise responses to the growing complexity, value and danger created by sovereign knowledge and digital methods, corporations are getting ready to jettison total companies. Sequoia is doing simply that, and the article explains among the behind-the-scenes pressures.
This New York Times article seems on the rising and concentrated demand for land and vitality wanted to satisfy the rising want for extra knowledge facilities. Sovereign states might demand and plan their very own clouds, or in additional common communicate, their very own internets. The EU does. China does. Other sovereign states search the identical by cleverly constructing native knowledge facilities on their territory even when they may help private and non-private clouds throughout jurisdictional boundaries.
It All Connects, Anyway
The depth and breadth of stories associated to sovereign knowledge and digital methods is huge. It all comes about attributable to, or on account of, geopolitics and Reglobalization. Sovereign knowledge methods will affect nearly each enterprise, finally. About the one different hotter matter, narrower, and with extra acute affect, is Generative AI. And guess what? AI governance is simply one other thread linked to sovereign knowledge and digital methods. Governments need to govern AI….
I’m doing my greatest by pulling collectively a spread of content material and people who might help. Here is my weblog web page that I replace occasionally. Hopefully it’s helpful to you: Sovereign Digital (and Data) Strategy Home Base.
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