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Yes, cloud adoption in Europe hasn’t happened at as fast as in the US. But despite the difficult economy, there’s considerable interest in cloud on the continent. The market bears watching and here are 5 things you should know about it. Most of what we hear about cloud computing in Europe tends to fixate on the notion that cloud adoption there lags that in the US by one to three years.That may be generally true, but it’s still a simplistic analysis. Despite the economic mess over there, IDC predicts a 30 percent compound annual growth rate for cloud deployments between 2011 and 2016 compared to an 18.5 percent CAGR for the US during that period.

Virtualization giant VMware made headlines this week when it announced it would join the OpenStack Foundation to make its cloud services compatible with the foundation's open-source standards.

While many hailed the move as an extension of VMware's already widespread virtualization and cloud services, Marten Mikos, CEO of cloud infrastructure-as-a-service provider Eucalyptus Systems, holds a

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