The European Comission has confirmed that it will allocate 1,200 million euros to finance projects related to the cloud and edge computing development. It will be done within the framework of the program IPCEI Next Generation Cloud Infrastructure and Services (IPEI CIS)in which seven EU member states will participate: Germany, Spain, France, Hungary, Italy, the Netherlands and Poland.
Member states will be responsible for providing funds up to the aforementioned amount. With its support, the EU hopes that the funded projects will be able to attract another 1.4 billion in additional financing from private capital.
The IPEI CIS program includes 19 projects on cloud computing and edge computing presented by as many companies and 90 partners. They are all designed for the development of a stronger European cloud computing community, which is outside the hyperscalar ecosystem dominated by the United States. Several research entities located in five other EU member countries will also take part in the programme: Belgium, Croatia, Slovenia, Latvia and Luxembourg.
Four of the countries participating in the program (Germany, Spain, Italy and Poland) have included their participation in IPCEI CIS in their Recovery and Resilience Plans, so they have the possibility of financing their projects through them.
The companies participating in the program with their projects are Deutsche Telekom, Telefónica de España, Atos, Orange, SAP, Reply, TIM, Oktawave, Antende Industries, OpenNebula Systems, Arsys Internet, Leaseweb Global, 4iG, E-Group ICT Software, Tiscali Italia, CloudFerro, Siemens, Finacantieri and Engineering Ingegneria Infromatica.
According to him Commissioner Thierry Breton«The approved IPCEI is crucial to deliver innovative advancements in cloud and edge technologies that meet European requirements for interoperability, data privacy, sustainability and cybersecurity. In addition, it will offer the technologies and solutions to achieve our Digital Decade 2030 Strategy objectives in terms of cloud adoption by EU companies, and to have more than 10,000 edge nodes in Europe. With this IPCEI, Europe will strengthen its leadership in innovation in next-generation data processing services«.
The European Union also expects that as a result of the financial support it will provide to the projects, a minimum of 1,000 jobs will be generated during their research and development phase alone. It is expected that The first results of the program, however, will not arrive until 2027.