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

politico.eu

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

#251

Post by read_if_gay_ »

user5994461 wrote: post #245
PunchTornado wrote: post #209

Earlier quoted context omitted.

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.

Salaries are irrelevant since it's close to impossible for an European worker to move to the US, work visas are incredibly difficult to get and even if you manage to get one you don't have the same careers prospects as a native. edited: reworded to "close to impossible"

> Salaries are irrelevant since it's not possible for an European worker to move to the US

I know plenty who did. You should rather say something like it's hard for the average European worker to move to the US.

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

#252

Post by umvi »

ivanovb wrote: post #189
petre wrote: post #75

Earlier quoted context omitted.

The solution is de-regulation. In France if you want to run an open WiFi you need a license from the national comms authority for instance. But it won't happen. Too much bureaucracy. It's in the European mindset.

On the other part of E.U., in Romania, no matter what kind of business you want to start you need to battle with the bureaucracy. Out of high-tech domain, I was thinking that my grandma could sell the jam she makes - but she can't sell it legally if it's produced in her own house - no matter how low is the production. Maybe just at some kind of farmers market, but that is iffy. If I want to invoice some custom develo…

What's the point of having social safety nets if you can't exercise them taking risks? Seems like a crying shame.

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

#253

Post by read_if_gay_ »

nemo44x wrote: post #244
fvdessen wrote: post #229

Earlier quoted context omitted.

I don't buy the culture argument after looking at the success of China. I think it's a matter of having a big enough internal market to be able to compete with the American monopolies.

EU is as large as the USA.

It's not one coherent market though.

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

#254

Post by odiroot »

brazzy wrote: post #167
tasubotadas wrote: post #138

Another hard earned €10B gonna go down the drain. It's pathetic that people in Germany and other countries have to pay 50% taxes for BS like this.

People in Germany do not pay 50% taxes, not even close.

You can easily pay ~42% (yes, contributions included) and still not be considered rich.

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

#255

Post by tupputuppu »

libertine wrote: post #158
topbanana wrote: post #17

Ridiculous. You just can't buy innovation. You have to set up the right environment for it

>You just can't buy innovation. You have to set up the right environment for it When US companies come to EU to buy companies, they are literally buying innovation.

They are buying customers, and will typically fade out the European IPRs in lieu of American. The innovations are most of the time American, they're just buying companies to speed up the scaling.

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

#256

Post by durnygbur »

benhurmarcel wrote: post #215
nix23 wrote: post #164

Earlier quoted context omitted.

That's BS, they own every single Data-center, never had to send an ID and my login name is the same since beginning. I think you don't talk about hetzner. https://en.wikipedia.org/wiki/Hetzner

I signed up for their storage offer (that you manage via their Konsole tool), and the first thing they needed to let me use my account was a scan of my ID. They even required a photo of me holding it.

Good couple of years ago when I decided to give Hetzner a shot, they sent me... a papper contract by post, and then... asked to sign a copy and send back. That was the last time I've ever dealt with them.

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

#257

Post by wrnr »

pydry wrote: post #223
wrnr wrote: post #98

Earlier quoted context omitted.

This is already how a lot of IT companies in the EU function, someone makes the iOS app, someone the backend, someone the project management, someone the security audit, and someone does the logging of the different services that are analysed by yet another company. It leeds to a lot of backstabbing and over-billing, I don't think we should subsidise this.

I don't think any industries in the EU function like keiretsu, and what you're describing certainly isn't it. It's not the same thing as "just using small companies for everything". It requires a set of small, interlocking companies, (many of which own pieces of each other and have very tight knit relationships) that form part of a greater supply chain. It requires trust and human relationships. The set of companies…

Almost every major banks has its own startup incubator project that functions as a type of lead investor that directs the mariage of its children into these incestual relationships. This tends to skew the market towards serving the needs of its host company instead of looking at a market as a hole.

A bigger issue IMO, is that the EU can't grow business that grow a cloud business and instead thinks it can just will this into being.

I think I know what they want to do, define the economic relationships between companies and standardise them in RDF and other semantic web standards. Dunno maybe even set internal prices for memory, processing and network utilisation sort of like LIBOR does for intra-bank lending.

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

#258

Post by dantheman »

88840-8855 wrote: post #63
justoreply wrote: post #45

Earlier quoted context omitted.

several people still remember the Stasi and they don't want a state controlled app to monitor their movement. If you want your app to have the biggest installation base (without asking for a mandatory installation) you can't ask for user location, with it enabled fewer people will install it

... the same people that shop on amazon, use "payback" (a shopping monitoring system), post crap on facebook and enjoy google's personalisation. Please, mate, this is just populism what you are doing there.

There's a huge difference between the government and private organizations.

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

#259

Post by StreamBright »

CydeWeys wrote: post #171
ivan_gammel wrote: post #105

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.

https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)

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

#260

Post by yibg »

fvdessen wrote: post #229
nemo44x wrote: post #47

Earlier quoted context omitted.

It’s cultural. It’s really hard to get investors to invest in things that aren’t a guarantee. Most potential billion dollar companies. Investors in the USA are fine taking risk investing in them. In the EU you don’t find that culture. Could part of it be regulatory in terms of tax write offs? I’m not sure.

I don't buy the culture argument after looking at the success of China. I think it's a matter of having a big enough internal market to be able to compete with the American monopolies.

Big internal market might be a part of it. But at least for China, investors do take some crazy bets. I know if many that are pretty head scratching. But in the end, it just takes a few of these crazy bets working out.
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