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Europe signs off on €1.2B for homegrown cloud project (www.theregister.com)

submitted 11 months ago by Sagan@eslemmy.es to c/europe@feddit.de

22 comments fedilink hide all child comments

cross-posted from: https://lemmy.cafe/post/1679861

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I do wish EC pulls this off. It would great having an actual home-grown competitor to cloud providers. EU does data protection better than anyone else, this would very much be a symbiotic relationship.

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[–] sexy_peach@feddit.de 5 points 11 months ago (2 children)

It's going to go to venture capitalists and startups, isn't it?

[–] aodhsishaj@lemmy.world 8 points 11 months ago

The venture capital part of that is the problem. You can have public money fund startups and you tend to get the best results.

https://digital-strategy.ec.europa.eu/en/library/european-commission-launches-new-system-identifying-public-funded-innovations-disruptive-potential

https://ecorner.stanford.edu/articles/is-government-funding-good-for-your-startup/

https://www.wbur.org/onpoint/2020/02/12/economists-slow-economic-growth

https://www.inc.com/minda-zetlin/an-unusually-candid-vc-explains-why-vcs-are-a-bad-idea.html

[–] tal@lemmy.today 5 points 11 months ago* (last edited 11 months ago)

Well, it doesn't say, but it sounded kinda similar to Gaia-X to me. If it is, that involved a lot of large companies that had been around for a long time, so I'd be inclined to guess not.

https://en.wikipedia.org/wiki/Gaia-X

The founding members on the German side[10] included:

Beckhoff Automation

BMW

Bosch

DE-CIX

Deutsche Telekom

German Edge Cloud

PlusServer

SAP

Siemens

The Fraunhofer Gesellschaft, the International Data Spaces Association, and the European cloud provider association CISPE were co-founders of the Gaia-X Association.

On the French side, founding members included:

Amadeus

Atos

Docaposte

Électricité de France (EDF)

Institut Mines-Télécom (IMT)

Orange

Outscale

OVHcloud

Safran

Scaleway

At least some of the above Gaia-X member companies are listed in the article as also being part of this new cloud project:

The research, development, and deployment phases are expected to run from 2023 to 2031, and 19 companies are involved, including SAP and Orange in the Cloud-Edge Capabilities workstream and Deutsche Telecom in the Cloud-Edge Continuum Infrastructure workstream.