[kazen44]

in my opinion, most european companies are not using the cloud (especially if they are not in the tech space).

Colocated hosting is very, very large in europe, and many small/medium bussinesses operate out of a couple of VM's on a server in some datacenter, usually managed by some MSP.

Also, Egress fees are very expensive in the cloud, especially if you look at the cost of data transfer inside colocated facilities. data transfer in the US seem expensive even if you look at colo/private circuits compared to europe.