European companies that deal with sensitive data are required to process their data on premise because Europe’ privacy laws prevent them from using US-based Cloud providers. Swedish startup Evroc wants to give European companies an alternative. It aims to provide Cloud services that respect the EU’s strict privacy rules, are greener than existing offers, and ensure the Continent’s digital sovereignty.
Founded in 2022 by serial entrepreneur Mattias Åström, Evroc is aiming to establish an inaugural pilot data center in the Stockholm region next year, with plans for eight data centers and three software development hubs by 2028. The ultimate goal, says the company, is to create Europe’s “first secure, sovereign, and sustainable hyperscale Cloud,” and end the “foreign dominance of the European Cloud market.”
“Companies in Europe today have two options either store data on an American Cloud and not be in compliance or operate their own data center, which makes them more vulnerable on cybersecurity issue because they have to install all the patches and new software,” Åström said in an interview with The Innovator. “We want Europeans to have an alternative to store data in a safe and secure way.”
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