Europeans could compete with Silicon Valley when offering online services
Very often I have read articles from European sources about the Silicon Valley companies not respecting European values like privacy. This ends up with the European Commission taking legal action against the powerful Silicon Valley tech kings like Facebook or Google, ending up with placing requirements or levying fines on these companies.
But what can Europe also do to resolve these issues?
They could encourage European-based companies to work on Internet services like Web-search, social networking, file storage and the like that compete with what Silicon Valley offers. But what they offer can be about services that respect European personal and business values like democracy, privacy and transparency.
There has been some success in this field in the aerospace industry with Airbus rising up to challenge Boeing. This was more evident with Airbus releasing the A380 high-capacity double-decker long-haul jet and Boeing offering the 787 Dreamliner jet that was focused on saving energy. Let’s not forget the rise of Arianespace in France who established a competing space program to what NASA offered.
But why are the Europeans concerned about Silicon Valley’s behaviour? Part of it is to do with Continental Europe’s darkest time in modern history where there was the rise of the Hitler, Mussolini and Stalin dictatorships, underscored by Hitler’s Germany taking over significant areas in France and Eastern Europe before the Second World War. This was followed up with the Cold War where most of Eastern Europe was effectively a group of communist dictatorships loyal to the Soviet Union. In both these situations, the affected countries were run as police states where their national security services were conducting mass surveillance at the behest of the country’s dictator.
There are a few of these businesses putting themselves on the map. Of course we known that Spotify, the main worldwide online jukebox, is based in Sweden. But Sweden, the land of ABBA, Volvo, IKEA, Electrolux and Assa Abloy, also has CloudMe, a cloud-based file-storage service on their soil. It is also alongside SoundCloud, the go-to audio-content server for Internet-based talent, which is based in Germany. The French also put their foot in the IoT space with a smart lock retrofit kit that has Web management with its server based in France.
A few search engines are setting up shop in Europe with Unbubble.eu (German) and StartPage (Dutch) metasearch engines in operation and Qwant and Findx search engines that create their own indexes. But the gaps that I have noticed here is the existence of a social network or display ad platform that are based in Europe and support the European personal and business values.
There are also the issues associated with competing heavily against the Silicon Valley giants, such as establishing presence in the European or global market and defining your brand. Here, they would have to identify those people and businesses in Europe and the world who place emphasis on the distinct European values and know how to effectively compete against the established brands.
The European Commission could help companies competing with the Silicon Valley IT establishment by providing information and other aid along with providing a list of European-based companies who can compete with this establishment. They could also underpin research and development efforts for these companies who want to innovate in a competitive field. It can also include the ability for multiple companies in the IT, consumer-electronics and allied fields to work towards establishing services that can have a stronger market presence and compete effectively with Silicon Valley.