Is your Wi-Fi speed being murdered? The common mistake all BT broadband users must check todayMajor Funding Initiative for Cloud Innovation in the EU ️
An ambitious new investment plan has been unveiled, aimed at bolstering the cloud computing infrastructure within Europe's digital ecosystem. This initiative has secured a sizeable commitment, potentially injecting up to €1.2 billion into its development, with France, Germany, and several other member nations at the helm.
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The program, designated as "Next Generation Cloud Computing Infrastructure and Services," is set to facilitate active engagement from EU businesses in the lucrative arena of cloud computing. Pioneering this venture, key EU states including France, Germany, Hungary, Italy, the Netherlands, Poland, and Spain will share sponsorship responsibilities. The scheme, also known as IPCEI, encompasses 19 trailblazing projects from esteemed brands, geared towards constructing the first-ever interoperable multi-provider cloud continuum spanning across Europe.
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It's noteworthy that past endorsements from the EU have facilitated IPCEI initiatives focused on batteries, hydrogen energy, microelectronics, and communication technology. Integral collaborators in the current European cloud computing project include notable organizations such as Atos and Orange from France, along with Deutsche Telekom, Telecom Italia, and Telefonica.
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The European Commission has demonstrated a steadfast commitment to reducing dependency on technology providers outside its borders, harnessing and promoting innovation bred within Europe itself. The recent approval of this considerable aid package is a remarkable testament to the EU's strategy of fortifying European cloud computing prowess, thereby diminishing reliance on non-European technology sources and amplifying intra-continental cooperation.
Nurturing Technological Sovereignty
The EU's commitment of a substantial sum towards cloud computing enhancements represents a pivotal move in challenging the dominant forces within the sector and seeding European advancements in technology. The ultimate goal of this endeavor is to cultivate a technology milieu that is not just diverse but also self-reliant and collaborative, supporting the EU's mandate of fostering innovation and escalating the cloud computing industry's momentum within the continent. This strategical decision paves the way for a transformative era in European digital services.
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