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European tech industry coalition calls for ‘radical action’ on digital sovereignty — starting with buying local
- A coalition of European tech industry players is urging EU lawmakers for 'radical action' to reduce reliance on foreign-owned digital infrastructure and services.
- Over 80 signatories, including cloud, telecoms, and defense companies, are advocating for a shift towards supporting 'sovereign digital infrastructure.'
- The plan involves fostering homegrown alternatives and creating a Euro Stack, reducing dependence on foreign Big Tech companies.
- The coalition emphasizes the need for urgent action to prevent U.S. tech dominance in critical digital infrastructure in Europe.
- Suggestions include implementing 'Buy European' public procurement requirements to boost demand for local tech solutions.
- The letter calls for forming a 'Sovereign Infrastructure Fund' aimed at supporting public investments in European digital infrastructure.
- European tech leaders advocate for requirements favoring open-source technologies, interoperability standards, and joint offerings to bolster local tech industry growth.
- Concerns are raised about Europe's digital infrastructure falling behind due to procurement decisions favoring U.S. or Chinese technology.
- The coalition urges for EU funding to be directed towards market-relevant tech projects and startups, emphasizing the need for strategic autonomy in digital infrastructure.
- The call for a new approach comes amidst geopolitical tensions and the perceived need for Europe to prioritize homegrown tech solutions for security and economic prosperity.
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