Author (Person) | Meyers, Zach |
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Publisher | Centre for European Reform (CER) |
Series Title | CER Insight |
Publication Date | March 2023 |
Content Type | Research Paper |
Summary:The European Commission has grand ambitions for the digital transformation of European businesses. To achieve this, the Commission wants 75% of European businesses to adopt cloud computing services or similar technologies by 2030. However, American tech firms like Amazon, Microsoft and Google currently dominate the European cloud computing market. Chinese firms like Alibaba and Huawei are keen to make headway. Despite some member-states’ support for European champions in the sector, European cloud companies remain minnows. In response, some EU countries want to stifle foreign cloud computing services. These countries’ concerns are not irrational. But disadvantaging America’s cloud giants will do Europe more harm than good. |
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Link to Main Source
https://www.cer.eu/insights/can-eu-afford-drive-out-american-cloud-services
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Subject Categories | Business and Industry |
Subject Tags | Digital Technology, Science Technology and Innovation [STI] |
Countries / Regions | United States |
International Organisations | European Union [EU] |