I work in the cloud computing space. The lack of a full featured end-to-end cloud computing provider is really one of the biggest things holding the EU back from IT independence. Its not enough for a provider to provide VM servers or Kubernetes on the compute side, its all the ancillary services such as Advanced Visibility, microservices, advanced routing and load balancing, Enterprise grade HA solutions on both compute and DB side etc.

A number of EU providers have part of this kind of service offering, but to be a replacement for Azure, AWS, GCP, or OCI, there needs to be a complete solution to enable rapid deployment that can grow to a global solution.