"The European Commission is currently working on a new package for technological sovereignty aimed at reducing Europe's dependence on US players in areas such as cloud services, software, and AI. The initiative has gained increased political momentum following concerns that geopolitical conflicts or sudden shifts in US policy could affect European companies' access to critical technology."
"Companies across sectors ranging from banking to manufacturing warned that a rapid technological shift risks being both costly and complicated. For decades, many organizations have built their systems around platforms from companies like Microsoft and Google and many believe US providers still lead European alternatives in several areas."
The European Commission is developing a technological sovereignty package to reduce European dependence on US technology providers in cloud services, software, and AI, driven by geopolitical concerns and policy uncertainty. However, European companies across banking, manufacturing, and other sectors caution that rapid technological transitions would be expensive and operationally complex. Many organizations have spent decades integrating systems built on platforms from Microsoft, Google, and similar US firms, which continue to outperform European alternatives in several key areas. Companies argue that quickly reducing this dependence poses significant risks to both profitability and competitive positioning.
#eu-technological-sovereignty #us-technology-dependence #european-competitiveness #digital-infrastructure-transition #geopolitical-technology-risks
Read at Computerworld
Unable to calculate read time
Collection
[
|
...
]