Schmidt also touched upon the topic of cybersecurity and how cloud technology can serve as a safeguard in protecting a company’s data. With data breaches of confidential customer information, such as the one experienced by Experian, security is paramount for companies moving forward.
Related: ETFs for National Cybersecurity Awareness Month
“The tech industry has taken the security of the computer systems as extraordinarily important,” said Schmidt. “Our current strategy is largely the internal term of lift and shift–you take an existing set of PCs and you typically just move them, lock, stock, and barrel into the equivalent computational structure within a cloud platform.”
Click on the video below to watch the full interview:
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