Risk, complexity, cost: surely the three things most capable of stifling growth.
After all – in a world rightly protected by ever-increasing security, privacy, and data sovereignty laws – how can communication technology innovators be free to push the boundaries when their hands are so tied?
The big players have the resources to navigate this often-chaotic landscape, of course.
They employ legal experts in their fields; justifiably demanding six figure salaries and often supported by entire departments devoted to the crucial business, attempting not to inadvertently break the latest law.
But what about the small-mid size businesses where innovation is often at its most creative?
And what about the ambitious start-up that has the expertise and enthusiasm to give the world the next big app but which is frustratingly slowed by the maze of legislation?
Well, for most, outsourcing is the answer.
And that means picking the right partner is key.
“Security and privacy are the two most important aspects of any communications businessꟷyet organisations cannot know what they do not know,” says Dr. Scott Allendevaux, senior practice lead at the UC professional services practice Allendevaux & Company, whose comprehensive ‘Compliance-as-a-Service’ offering has everything covered.
“Many organisations do not realise that it's now illegal to collect and process data en masse without standing-up a data protection programme; and they do not know what that needs to look like. For example, they may not realise it may be illegal to sell a service into the UK or the EU or Brazil and other places, and to transfer the resulting data back to the US.
“Many say: ‘What? How could that be illegal? We’ve always done it this way.’ But the data landscape has changed so quickly. If you're a cloud service provider, it’s easy to generalise geographic boundaries when selling services to consumers around the world. However, data sovereignty jurisprudence does adhere to geographic boundaries. For example, consider moving a packet of data from Frankfurt through London, into New York and then over to California; that packet must understand and comply with the laws of those geographies, and it has to do it at the speed of light.
“We call this complex compliance, and it sounds somewhat impossible to achieve, but to us it's just what we do. Smaller companies either need to be able to staff-up appropriately or partner with external experts.”
Indeed, the stats are striking.
Research suggests that 99% of the world's information has been created in just the last 10 years – meaning that 10 years ago, it was just 1% of what it now is.
