The Implications of Data Residency Regulations for SaaS Platforms and Customers
DATA RESIDENCY REGULATIONS ARE THE NEW NORMAL
International businesses have been running on software-as-a-service (SaaS) and cloud platforms for years, allowing flexibility and scalability needed to respond to fast-moving shifts in global markets. Meanwhile, governments are regulating data to protect their citizens. This creates a business challenge that can’t be ignored.
Governmental data regulations have existed for decades, extending back to Sweden’s first privacy law, passed in 1973. In the United States, HIPAA has been the law of the land since 1996, leading to significant consequences for the healthcare and life sciences industry.
Local regulations and security are new primary drivers. ©Odaseva
What data residency requirements look like. ©Odaseva
China is...