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Read by
BCG
500 Startups
Used at top MBA programs including
Stanford Graduate School of Business
University of Chicago Booth School of Business
Wharton School of the University of Pennsylvania
Kellogg School of Management at Northwestern University
Summary
  • In late Oct 2019, the finance ministers of France and Germany announced a partnership to work on a European open data infrastructure project called Gaia-X.
  • The project is intended to support a European alternative to the current set of global cloud giants based in the US and China, in a push to achieve digital sovereignty.
  • As the public-cloud market grows, market leader Amazon has been resisting erosion of its share of the pie, while the next 3 in line nibble away at the smaller players’ shares.
  • While the leaderboard hasn’t changed that much, competitive dynamics among the top 4 cloud players along with key trends such as multi-cloud and digital nationalism are putting pressure on the respective players.
  • AWS remains the one to beat, with its rivals seeking inroads from different angles.
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