alt Hacker NewsSincere congrats to the Verda team :-)
Can someone please help me understand what their competitive advantage is, versus the likes of AWS / Azure et al, who are also available in the EU.
I love a good underdog story, but I'm not understanding the economics of it.
Replies
Cloud Act: The CLOUD Act (Clarifying Lawful Overseas Use of Data Act) is a U.S. federal law passed in 2018 that allows U.S. law enforcement to compel U.S.-based tech and cloud companies to hand over customer data, even if that data is stored on servers located outside the United States
There are several regulated industries that need to have their computing done in the EU without ties to US companies. Sovereignty is currently a big political topic.
The economics of it are the same as for Hetzner. AWS is trying to split the difference by offering services that are supposedly run exclusively by EU citizens, from data centers located in the EU. The reasoning is pretty solid for at least the next two or three years. It might take another five to restore trust in US tech. Not a bad amount of runway.
They ain’t Americans.
It's a bit sad that the only responses you get is "It's based in EU". If that's the only thing, it's not really impressive is it?
Don't get me wrong, as a European I'm all for EU, but we should offer products and services that are at least as good as abroad competitors. My company still relies heavily on US tech, for the simple fact that lots of it is plain better and/or cheaper.
Them putting services in EU (even as subsidiaries) is just a marketing strategy where they are straight up lying to customers so they can get more money.
> AWS / Azure et al, who are also available in the EU
Because US-in-EU is fake-EU.
CLOUD act, PATRIOT act etc. etc. US headquarters doesn't escape the arm of US law.
Remember a long time ago there was a famous case where Microsoft fought the US DoJ when they came looking for somebody's data in Azure Ireland ?
That was then. Now is now. Do you honestly think Microsoft would put up the same fight today, especially if the US President decided to lean on them ? I don't !
CLOUD/PATRIOT etc. has gone from a theoretical risk to a real one. And now you have a US President in office who doesn't care much for bypassing all that anyway.