Nextcloud Says Revenue Grows 50%-100% as Europe Pushes Open Source for Digital Sovereignty
Updated
Updated · Computerworld · Jun 15
Nextcloud Says Revenue Grows 50%-100% as Europe Pushes Open Source for Digital Sovereignty
1 articles · Updated · Computerworld · Jun 15
Summary
Frank Karlitschek said digital sovereignty has moved from a niche IT concern to a board-level priority in Europe, with organizations reassessing dependence on US software and cloud vendors.
50%-100% annual revenue growth at Nextcloud reflects that shift, though Karlitschek said customer interest still exceeds actual migrations as many buyers remain in an evaluation phase.
Defense, education, healthcare and finance are driving much of the demand, with open source pitched as a way to reduce vendor lock-in, control costs and limit exposure to surveillance and espionage risks.
The European Commission’s Tech Sovereignty Package is a strong start, he said, but only about 1% of the market now falls under its strictest open-source-first risk tier and binding law is still pending.
Nextcloud is trying to turn that momentum into product growth through Euro-Office and expanded Hub AI agents, while arguing US vendors’ sovereign-cloud offerings still cannot fully solve CLOUD Act-related dependency concerns.