SAP To Invest Over 20 Billion Euros In 'Sovereign Cloud' (cnbc.com)
- Reference: 0178980456
- News link: https://news.slashdot.org/story/25/09/02/1959258/sap-to-invest-over-20-billion-euros-in-sovereign-cloud
- Source link: https://www.cnbc.com/2025/09/02/sap-to-invest-over-20-billion-euros-in-sovereign-cloud-in-europe.html
> The company said it was expanding its sovereign cloud offerings to include an infrastructure-as-a-service (IaaS) platform enabling companies to access various computing services via its data center network. IaaS is a market dominated by players like Microsoft and Amazon. It will also roll out a new on-site option that allows customers to use SAP-operated infrastructure within their own data centers. The aim of the initiative is to ensure that customer data is stored within the European Union to maintain compliance with regional data protection regulations such as the General Data Protection Regulation, or GDPR.
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> [...] Saueressig said that SAP is "closely" involved in the creation of the new AI gigafactories but would not be the lead partner for the initiative. He added that the company's more than 20-billion-euro investment in Europe's sovereign cloud capabilities will not alter the company's capital expenditure for the next year and has already been baked into its financial plans.
[1] https://www.cnbc.com/2025/09/02/sap-to-invest-over-20-billion-euros-in-sovereign-cloud-in-europe.html
Someone explain to me (Score:2)
Look, I know I'm an old fart. I know I'm a curmudgeon too. And yes, it was almost 10 years before I gave up my wired keyboard and mouse for wireless (not entirely all my idea, it as part of [Secret Squirrel] requirements.) I am, however, a technophile - when I see the advantages to using tech. An example where I don't see an advantage is replacing the 90 cent stiff wire with $275 "motivators" (step motors) in automobile vents that go out of registration, then out of calibration, then go kaput. Requiring a n
Re: (Score:3)
"crypto, like a fiat currency, has zero intrinsic value"
Fiat currency can be used to pay your taxes. That's a function that crypto can't perform, and it creates the fundamental demand from which the rest of the demand for that currency ultimately flows. Every year, you have to come up with some quantity of fiat to avoid consequences from the tax collectors.
It'll be interesting to see what happens if a major government decides to allow tax payment in crypto, but until that happens you're right, the value isn
I'm amazed no-one linked the borg icon (Score:2)
With Microsoft admitting US surveillance laws override local data sovereignty laws, it's no surprise non-US companies are jumping at the chance to take over cloud-based storage services.
Literally the the point of a cloud. (Score:1)
To isolate one region from another and not have one privately owned "cloud" to trade user data between private interests "subscribers".
Re: (Score:2)
I plan on offering software as a service as a service, AKA SaaSaaS. If I get too overwhelmed, I'll subcontract. Anyone interested in being a SaaSaaSaaS provider?