"DNB aims to reduce its dependence on American cloud companies by opting for a European partner, specifically signing a contract with Schwarz Digits, the IT arm of Lidl owner Schwarz Group."
"Concerns about cloud dependency have been raised by the Dutch Central Bank and the Netherlands Authority for the Financial Markets, highlighting the risks associated with reliance on foreign IT service providers."
"The transition to European alternatives is not always smooth, as evidenced by the struggles faced by Schleswig-Holstein's local government in migrating from Microsoft to an open-source environment."
De Nederlandsche Bank is set to sign a significant contract with Schwarz Digits, aiming to lessen reliance on American cloud providers. This decision follows concerns about dependency on foreign IT services, particularly from the U.S., amid geopolitical tensions. DNB Director Steven Maijoor previously indicated a desire to transition to a European cloud, despite acknowledging that these alternatives may not yet match the robustness of American systems. The move reflects a broader trend among organizations seeking European cloud solutions.
Read at Techzine Global
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