Building technological autonomy to accelerate innovation and growth

The changing geopolitical landscape necessitates that companies reassess their dependencies on technology to regain some sovereignty. Experts emphasize the importance of managing business data effectively to maintain control over processes and functions. The discussion highlights the role of cloud services in defining digital sovereignty, with a focus on balancing costs and risks. The EU is also working to support a European cloud industry and improve public procurement practices. However, the response has been slow, as American hyperscalers dominate the European cloud market. New regulations aim to enhance portability and interoperability for businesses.