According to a recent article in information Age, it was reported that global logistics firm Dematic was being “held to ransom” for trying to get is data back from a former cloud supplier. It stated that the provider was charging $40,000 to retrieve data held in the cloud fuelling the debate around data security, access and ownership.

However, in an updated statement as of today (26th Sep), Dematic have said that an amicable solution has been found.

Truth behind data lakes