Nextcloud is an open-source content collaboration platform you run on infrastructure you control. Built and commercialized by Nextcloud GmbH in Germany, it is a private-cloud alternative to Microsoft 365-style file and collaboration suites: desktop and mobile clients sync files, while the web UI covers sharing, search, versioning, and team folders.
It exists because many European public-sector and enterprise teams need Hub-style collaboration (files, talk, groupware, office, local AI) without handing tenancy to a US SaaS vendor. The company states it does not operate multi-tenant file hosting for customers, so residency follows the operator of the instance.
The concrete differentiator is Nextcloud Hub as a single AGPL platform: Files, Talk, Groupware, Office, Assistant, and Flow on your servers or a partner's, with federation and existing identity-system integrations.