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Google unveils $2bn information hub in Poland

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Prime Minister Mateusz Morawiecki hailed the brand new hub saying it might guarantee “better service from private and public entities” and strengthen safety as a result of the information could be saved in Poland

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U.S. tech big Google on Wednesday launched a brand new cloud information hub in Warsaw — its first in Central and Eastern Europe — with an funding of practically $2.0 billion (1.7 billion euros).

Prime Minister Mateusz Morawiecki hailed the brand new hub saying it might guarantee “better service from private and public entities” and strengthen safety as a result of the information could be saved 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 nation supervisor, stated in a press release.

US embassy cost d’affaires Bix Aliu stated U.S. corporations have invested round $60 billion in Poland and Google “is adding close to $2 billion to that number by expanding cloud services”.

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Poland’s economic system final yr went into recession for the primary time for the reason that fall of communism three many years in the past due to the coronavirus disaster however it’s anticipated to bounce again this yr.

The authorities has put an emphasis on growing the tech sector.

Microsoft introduced final yr that it might make investments one billion {dollars} in Poland to increase its operations, together with the creation of a brand new regional cloud-computing information hub.

Google and Microsoft are among the many world leaders in offering cloud companies — an business price lots of of billions of {dollars}.

As effectively as charging for the service, cloud operators are capable of harvest large quantities of information and open up many different income streams.

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