EU shoots for €10B ‘industrial cloud’ to rival US
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Re: EU shoots for €10B ‘industrial cloud’ to rival US
#2„€10B over 7 years [...] to rival foreign corporations such as Amazon, Google and Alibaba“
Does not sound like lot when compared to the annual invest of even just one of the IaaS giants.
Re: EU shoots for €10B ‘industrial cloud’ to rival US
#3„€10B over 7 years [...] to rival foreign corporations such as Amazon, Google and Alibaba“ Does not sound like lot when compared to the annual invest of even just one of the IaaS giants.
They hope to get additional investing from industry, which sounds quite reasonable in this case.
Re: EU shoots for €10B ‘industrial cloud’ to rival US
#4Lol. Europe is such a joke. I bet they waste it all with nothing to little to show for it.
Re: EU shoots for €10B ‘industrial cloud’ to rival US
#5Yes! Let us use your own cloud provider which are not on top.
This leads to issues for everyone who is then limited to EU cloud providers.
General speaking, perhaps its good enough for base load of small companies but you do not want to develop on a telekom based cloud platform.
They are much slower and basically non innvative.
Re: EU shoots for €10B ‘industrial cloud’ to rival US
#6As a european, i still think those kind of measures are trying to cure the symptoms by throwing huge pile of cash, rather that fix the core issue : that the private sector in europe is currently unable to produce GAFA-sized companies in the IT sector.
My intuition is that once again the money will be grabbed by existing big companies that proved unable to innovate, but are the best at capturing public fundings.
EDIT : and i should add, helping politicians look good. All in all it will only help everybody pretend they're doing something, while letting the ship sink even more.
Re: EU shoots for €10B ‘industrial cloud’ to rival US
#7As a european, i still think those kind of measures are trying to cure the symptoms by throwing huge pile of cash, rather that fix the core issue : that the private sector in europe is currently unable to produce GAFA-sized companies in the IT sector. My intuition is that once again the money will be grabbed by existing big companies that proved unable to innovate, but are the best at capturing public fundings. EDIT…
100%
Re: EU shoots for €10B ‘industrial cloud’ to rival US
#8you cannot "force" funding. if you lack behind the competition, you must embrace protectionism.
China is successful in that sphere compared to India because they closed the market and developed sustainable and partially better alternatives to American products.
Europe must so the same - tax and limit American products. Let the home market copy and adapt then innovate. This is THE ONLY way.
Re: EU shoots for €10B ‘industrial cloud’ to rival US
#9Governments can, or at least did* outperform the private sector in some technologies, but not in all and I would be surprised if cloud computing was one of them. The experience of government trying this is littered with failure e.g. ICL mainframes. Who’s going to take the lead on this, Groupe Bull??
* e.g. aerospace not withstanding companies like SpaceX.
Re: EU shoots for €10B ‘industrial cloud’ to rival US
#10This smells a bit Soviet. Instead of allowing small businesses to breathe more freely, take more risk and grow to US size companies (in 3x larger internal market!) they try to build a top down copy using an army of grant and procurement funds eaters.. despicable.