[unnah]

There are plenty of old-school companies in Europe still working on moving to the cloud. Now that there is a burgeoning movement towards avoiding American cloud providers, Oxide could have an opportunity to sell "private cloud" servers instead. If they play their cards right, they could make significant inroads in European markets.

[panick21_]

Companies who are still 'on-prem' are not necessary 'old school' and they don't just exist in Europe and many are not planning on moving everything to cloud and just haven't done it yet.