Comment by denniebee

The tricky thing about these services is that they often cannot compete on price or on capability. The scale and mature feature sets of US based cloud providers outweigh the benefits of keeping it within European ownership for most commercial organizations. For Europe to truly compete, they shouldn't copy IaaS models, but come up with new innovative PaaS models in yet to develop markets, such as XR or internet-decentralization. Those markets provide a chance to go in front at an early stage and with enough dedication of both the EU government and the European business community, this can be a start to differentiate itself from the US and China.