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The core feature of Gaia-X is that it makes it easy for small EU software companies to get up to €200k in "de minimis" tax gifts. It also funnels money into op

The core feature of Gaia-X is that it makes it easy for small EU software companies to get up to €200k in "de minimis" tax gifts. It also funnels money into open source office software and "European data spaces", which is (very loosely) tools to replace US clouds with open source. I would say it's doing exactly what it's supposed to do, making it easier for EU companies to ditch US cloud services. And didn't exactly that happen here? 4 years ago, the "Schwarz IT KG" company was a day-1 member of Gaia-X. And now they have billions in revenue from AWS-like cloud services.

arianvanp 2y ago
Need a third party citation on that. I'm highly skeptical by the press releases they bring out and seem to be taken over verbatim with very little due diligence. Given the fact they don't even allow public signups outside of DACH im highly skeptical of their claim they're doing billions of revenue in public cloud. It wouldn't surprise me if there is some interesting bookkeeping going on to boost the numbers. The current status quo is that people in this thread want to try this but fail to figure out how to even sign up. Also could you explain what part of being part of Gaia-X contributed to their success?
- fxtentacle 2y ago
  Cloud&Heat receives GaiaX funding: https://www.cloudandheat.com/news-press/gaia-x-summit-2020/ https://www.cloudandheat.com/news-press/gaia-x-summit-2020/ Teams up with Schwarz group to create StackIT cloud: https://www.handelsblatt.com/technik/it-internet/schwarz-gruppe-nudeln-obst-speicherplatz-lidl-mutter-startet-anfang-2021-ihre-cloud-plattform/26658744.html https://www.handelsblatt.com/technik/it-internet/schwarz-gru... As for the revenue, I would trust a multi-billion international company that if they say billions in revenue, that'll be halfway accurate. Or else, that would be massive securities fraud. Here's their (independently audited) tax filling showing 1.2 billion € in revenue 2 years ago: https://www.unternehmensregister.de/ureg/result.html;jsessionid=7230B099F92CE2C85F87EA0027306810.web02-1?submitaction=showDocument&id=34548329 https://www.unternehmensregister.de/ureg/result.html;jsessio...
  - codethief 2y ago
    > Here's their (independently audited) tax filling showing 1.2 billion € in revenue 2 years ago: […] Unfortunately, those links expire after a while. To everyone else: Go to unternehmensregister.de and search for "Schwarz IT KG" (located in Neckarsulm, registered at Amtsgericht Stuttgart, HRA 730995) and open the document "Jahresabschluss zum Geschäftsjahr vom 01.03.2022 bis zum 28.02.2023".

arianvanp 2y ago

Need a third party citation on that. I'm highly skeptical by the press releases they bring out and seem to be taken over verbatim with very little due diligence. Given the fact they don't even allow public signups outside of DACH im highly skeptical of their claim they're doing billions of revenue in public cloud. It wouldn't surprise me if there is some interesting bookkeeping going on to boost the numbers. The current status quo is that people in this thread want to try this but fail to figure out how to even sign up. Also could you explain what part of being part of Gaia-X contributed to their success?

fxtentacle 2y ago
Cloud&Heat receives GaiaX funding: https://www.cloudandheat.com/news-press/gaia-x-summit-2020/ https://www.cloudandheat.com/news-press/gaia-x-summit-2020/ Teams up with Schwarz group to create StackIT cloud: https://www.handelsblatt.com/technik/it-internet/schwarz-gruppe-nudeln-obst-speicherplatz-lidl-mutter-startet-anfang-2021-ihre-cloud-plattform/26658744.html https://www.handelsblatt.com/technik/it-internet/schwarz-gru... As for the revenue, I would trust a multi-billion international company that if they say billions in revenue, that'll be halfway accurate. Or else, that would be massive securities fraud. Here's their (independently audited) tax filling showing 1.2 billion € in revenue 2 years ago: https://www.unternehmensregister.de/ureg/result.html;jsessionid=7230B099F92CE2C85F87EA0027306810.web02-1?submitaction=showDocument&id=34548329 https://www.unternehmensregister.de/ureg/result.html;jsessio...
- codethief 2y ago
  > Here's their (independently audited) tax filling showing 1.2 billion € in revenue 2 years ago: […] Unfortunately, those links expire after a while. To everyone else: Go to unternehmensregister.de and search for "Schwarz IT KG" (located in Neckarsulm, registered at Amtsgericht Stuttgart, HRA 730995) and open the document "Jahresabschluss zum Geschäftsjahr vom 01.03.2022 bis zum 28.02.2023".