The EU’s initiative to keep data and data centres out of the reach of international tech giants are well underway. At present, most of the European companies are announcing deals with the US tech player for cloud services such as Google Cloud, Amazon Web Services, Microsoft Azure, and Alibaba Cloud. The benefits of the cloud remain largely untapped by EU businesses and the public sector.
Sitting on a humongous pile of data, the EU is solicitous about the dominance of the US in cloud tech and losing its influence in the digital sphere. Therefore, the Commission has started taking necessary precautions by means of a massive digital transformation, with AI and cloud technologies playing an essential role in the upcoming years.