Over the course of the last two years, the open source ownCloud project has emerged as a leader in cloud storage. What ownCloud provides is an open source alternative to proprietary cloud storage systems like Dropbox and Box. With ownCloud, a user can setup cloud storage on their own server or a third party server.
The recent agreement between the US and the EU is the third attempt to secure the transfer of personal data from Europe to the US. Holger Dyroff, co-founder and COO of ownCloud, does not see the new regulatory attempt as a satisfactory solution.