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EU shoots for €10B ‘industrial cloud’ to rival US

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201–210 of 352 posts

Re: EU shoots for €10B ‘industrial cloud’ to rival US

#201
post #6

As 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…

If you're trying to talk about size, MAGA would work much better. Facebook is puny in comparison to Microsoft

Re: EU shoots for €10B ‘industrial cloud’ to rival US

#202
post #6

As 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…

The Europeans often say about new technologies:

"We have never done this in the past, we are not doing this now, we won't do it."

I just send a pitch to a European VC fund with a new, totally disruptive technology. Their answer: "This is a crowded, very competitive market, hence we are not interested." I mean, really? First, this shows that the market is there. Second, such a device does not exists in the market and would disrupt the market. I don't get it.

I am a dual citizen so if we don't find money in the EU we just go to the US.

Re: EU shoots for €10B ‘industrial cloud’ to rival US

#203
post #161

Earlier quoted context omitted.

You're talking out of your ass. Literally everyone who knows anything calls the German app a huge success, especially compared with similar efforts.

In Finland, the authorities reserved 6M to create a contact tracing app and all support systems. They ended up building it for 150k, with 250k more to operate it until the end of next year. Half the population downloaded it in the first days and it works great. It's completely privacy-focused and the UX is great for both individuals as well as the government. Is the German tracking solution really 400 times as comple…

> In Finland, the authorities reserved 6M to create a contact tracing app and all support systems.

In Canada, Shopify and Blackberry donated some engineering time:

* https://en.wikipedia.org/wiki/COVID_Alert

Can't find anything on the back-end costs.

Re: EU shoots for €10B ‘industrial cloud’ to rival US

#205
post #123

Earlier quoted context omitted.

It's not a stupid question. First of all, none of the GAFA were actually started as Cloud infrastructure providers. So the question is not why isn't Europe creating big Cloud Infrastructure companies, one could argue that the biggest "pure-player" in Cloud is OVH which is European. If anything it's the (insanely lax and pro-monopoly) American regulatory environment that has the biggest impact on the creation of big C…

NeoFeznet asked: > why is that? Is it the regulatory environment? fcantournet: > If anything it's the (insanely lax and pro-monopoly) American regulatory environment that has the biggest impact on the creation of big Cloud providers outside of the U.S. I don't think you can say the problem there is America's lack of regulation preventing European cloud providers (which was what the question was about) from starting.…

I think he means there is little to no protectionism in Europe when it comes to software - so we get 'digitally colonised' by the USA.

Whereas China and Russia have stricter rules about what foreign corporations can do, so there that allows for the creation of homegrown solutions like Baidu - would Baidu exist today if Google was able to run their services without interference in China since the start?

Re: EU shoots for €10B ‘industrial cloud’ to rival US

#206
post #18

BTW Hetzner is a top notch EU cloud with an excellent proposal to finally learn Linux and deploy whatever you want on their industrial grade networking and storage. Instead of feeding an exploding complexities and costs of AWS, Google and Alibaba. I hope they will come to other continents soon.

LIDL (the supermarket) is going there too:

https://stackit.de/en/#about-us

Re: EU shoots for €10B ‘industrial cloud’ to rival US

#207

Earlier quoted context omitted.

What do you know about them?

Well, the median household income there is less than one-fourth of the US, with the concomitant lower standard of living you'd expect.

Median household income in dollar value has absolutely nothing to do with what I wrote.

Re: EU shoots for €10B ‘industrial cloud’ to rival US

#208

Earlier quoted context omitted.

The recent COVID-App is a prime example of that. SAP plus German Telekom, neither of which is known for innovation, grab a 60M plus deal to develop a single app. In Italy a startup took over the job for 1/50 of the price and with at least as good or better job. Is the above play a problem for Germany? No. Do you they even understand an problem? I don't think so.

What afraids me is, that here in Germany nobody seems to care anymore. The big numbers are just thrown around and everyone (especially the younger generation) has lost any sense as the media is just cheering along.

[dead]

Re: EU shoots for €10B ‘industrial cloud’ to rival US

#209

Earlier quoted context omitted.

Apologies for the stupid question, as I feel like I’m missing something obvious: why is that? Is it the regulatory environment?

It's not a stupid question. First of all, none of the GAFA were actually started as Cloud infrastructure providers. So the question is not why isn't Europe creating big Cloud Infrastructure companies, one could argue that the biggest "pure-player" in Cloud is OVH which is European. If anything it's the (insanely lax and pro-monopoly) American regulatory environment that has the biggest impact on the creation of big C…

It doesn't help that the best engineers work for GAFA because of big salaries. European companies pay smaller salaries compared to the US ones. A good engineer can double his salary by going to the US. Sure, he may see more social issues there because of no safety net, but maybe he doesn't care.

Re: EU shoots for €10B ‘industrial cloud’ to rival US

#210

Earlier quoted context omitted.

Well, the median household income there is less than one-fourth of the US, with the concomitant lower standard of living you'd expect.

One dollar spent in Russia gets you more than in US. You cannot compare household income directly, you must go through PPP (purchase power parity). Even then, you might have expenses that they don't (medical, for example). So in the end, objective comparison would have to go much deeper, than median household income.

It doesn’t even make sense to compare economy in general. Russian economy didn’t grow during last 10 years, but there was significant growth in digital services with big investment in new technology and infrastructure. The government failed in many policies, but digitalization was their real success.
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