x

Google Unveils $2bn Data Hub in Poland

US tech giant Google on Wednesday launched a new cloud data hub in Warsaw — its first in Central and Eastern Europe — with an investment of nearly $2.0 billion (1.7 billion euros).

Prime Minister Mateusz Morawiecki hailed the new hub saying it would ensure “better service from private and public entities” and strengthen security because the data would be stored in Poland.

“We hope that the new Google Cloud region will… help in recovery from the pandemic and will contribute to a thriving digital economy in Poland and the neighbouring countries,” Magdalena Dziewguc, Google Cloud’s country manager, said in a statement.

US embassy charge d’affaires Bix Aliu said US companies have invested around $60 billion in Poland and Google “is adding close to $2 billion to that number by expanding cloud services”.

Poland’s economy last year went into recession for the first time since the fall of communism three decades ago because of the coronavirus crisis but it is expected to bounce back this year.

The government has put an emphasis on developing the tech sector.

Microsoft announced last year that it would invest one billion dollars in Poland to expand its operations, including the creation of a new regional cloud-computing data hub.

Google and Microsoft are among the global leaders in providing cloud services — an industry worth hundreds of billions of dollars.

As well as charging for the service, cloud operators are able to harvest huge amounts of data and open up many other revenue streams.

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalist As...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

FG, States, LGCs Share N2.001 Trillion From A Gross Total Of N3.836 Trillion For The Month Of July 2025

By Oladosu Adebola Oluwaseun The Federation Account Allocation Committee...

Attack on Katsina Mosque, Killings Condemnable, Speaker Abbas Mourns Worshippers

By Oladosu Adebola Oluwaseun The Speaker of the House...

TCN Takes Anti-Vandalism Campaign to Edo Communities

By Jabiru Hassan The Transmission Company of Nigeria (TCN) has...

Muslim Ummah Urged to Love Prophet Muhammad

By Muhammad Ibrahim, Sokoto Chief Imam of Buhari Dan Shehu...

Sokoto NUJ Council Discusses Pending Issues at Congress

By Muhammad Ibrahim, Sokoto The Sokoto State Council of the...

Sokoto Council Of NUJ Holds Congress As Commissioner Of Police Presents Paper

By Muhammad Ibrahim, Sokoto The Sokoto State Council of the...

Benue Assembly Suspends 4 Members As Attempt to Impeach Speaker Fails

23-8- By Isaac Kertyo, Makurdi  Benue State House of Assembly has...
spot_img

Related Articles

Popular Categories

spot_imgspot_img