OVHcloud launches new unit to meet demand from European militaries

OVHcloud launches new unit to meet demand from European militaries

By Leo Marchandon

Reuters

April 9 (Reuters) - France's OVHcloud is creating a dedicated defence ‌vertical after several European defence ‌ministries approached it to support their military digital ​transformation, the datacentre operator said on Thursday.

Their needs include AI-augmented command, drone orchestration and communication interoperability across armed forces and ‌within NATO systems ⁠alongside strict requirements on technological independence from non-European providers, OVH ⁠said in its half-year earnings statement.

OVH, Europe's leading native cloud provider, has long ​positioned strategic ​autonomy as ​a differentiator against U.S. ‌peers and has been pushing for a pan-European cloud and artificial intelligence strategy.

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For the first half of its financial year, the company reported 5.5% organic ‌revenue growth to 555 ​million euros ($648 million), driven ​by increased ​spending among its existing clients.

Earnings ‌before interest, taxes, depreciation ​and amortization ​grew 8.3% organically to 227 million euros, and the group confirmed its ​financial guidance ‌for the full year.

($1 = 0.8570 euros)

(Reporting ​by Leo Marchandon in Gdansk, editing ​by Milla Nissi-Prussak)

 

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