Accuride acquired a majority stake in Italian truck wheel manufacturer Gianetti Ruote. The Indiana-based company has had to contend with everything from a stalled cloud strategy and decentralized systems to increases in hardware costs, licensing fees and IT head count. European Union authorities are requiring companies that handle the data of EU citizens to comply with some of the strictest data privacy regulations in the world. In its place are sweeping and stringent agreements and legislative proposals including the EU-US Privacy Shield and the newly proposed EU General Data Protection Regulation.”]
Source: https://www.csoonline.com/article/3070814/eu-s-data-privacy-regulations-put-the-pressure-on-it.html