European Commission green lights €1.2bn funding for edge and cloud tech

A pile of Euro notes.

European Commission green lights €1.2bn funding for edge and cloud tech Duncan is an award-winning editor with more than 20 years experience in journalism. Having launched his tech journalism career as editor of Arabian Computer News in Dubai, he has since edited an array of tech and digital marketing publications, including Computer Business Review, TechWeekEurope, Figaro Digital, Digit and Marketing Gazette.

The European Commission has approved an Important Project of Common European Interest (IPCEI) to support research, development and first industrial deployment of advanced cloud and edge computing technologies across multiple providers in Europe.

The project, called IPCEI Next Generation Cloud Infrastructure and Services (IPCEI CIS), was jointly notified by seven Member States: France, Germany, Hungary, Italy, the Netherlands, Poland, and Spain.

The Member States will provide up to €1.2 billion in public funding, which is expected to unlock additional €1.4 billion in private investments. As part of this IPCEI, 19 companies, including small and medium-sized enterprises (‘SMEs’), will undertake 19 highly innovative projects.

IPCEI CIS is the first IPCEI in the cloud and edge computing domain. It concerns the development of the first interoperable and openly accessible European data processing ecosystem, the multi-provider cloud to edge continuum. It will develop data processing capabilities, and software and data sharing tools that enable federated, energy-efficient and trustworthy cloud and edge distributed data processing technologies and related services. The innovation provided by IPCEI CIS will enable a new spectrum of possibilities for European businesses and citizens, advancing the Digital and Green transition in Europe.

The participating companies will develop an open-source software that will allow for real-time and low-latency (i.e., a few milliseconds) services by distributed computing resources close to the user, thereby reducing the need to transmit large volumes of data to centralised cloud servers. The individual projects cover the entire cloud edge continuum, from the basic software layer to sector-specific applications.

These projects aim at enabling the digital and green transition by: (i) providing software that will develop the necessary infrastructure-related capabilities to build the base layers of the edge cloud stack; (ii) developing a common reference architecture to serve as a blueprint for how to set up and operate a cloud and edge system; (iii) developing a set of advanced cloud and edge services that can be deployed seamlessly across networks of providers; and (iv) developing sector-specific cases (for instance in the energy, health, and maritime sectors).

A spokesperso for the European Commission said: “The research, development and first industrial deployment phases will run between 2023 and 2031, with timelines varying depending on the project and the companies involved. First novel result of the IPCEI – an open-source reference infrastructure – may be expected around the end of 2027. At least 1,000 direct and indirect highly qualified jobs are expected to be created during these phases, and many more in the commercialisation phase.”

Want to learn more about edge computing from industry leaders? Check out Edge Computing Expo taking place in Amsterdam, California and London. 

Explore other upcoming enterprise technology events and webinars powered by TechForge here.

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