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Data Economy 05/29/2020 12:54
The Singaporean government-controlled company announced the acquisition of Sygnia back in 2018 for $250 million. Temasek’s cyber consultancy firm Sygnia has opened its new Asia Pacific headquarters in Singapore to expand its security consultancy capabilities across the region. The company’s founder and CEO Shachar Levy said that setting up regional headquarters in Singapore will further […]. .
Data Economy 05/29/2020 12:06
Mobilisation and preliminary construction activities have begun at the site with the easing of the government-imposed lock-down restriction in Accra in the wake of the COVID 19 pandemic. West African data centre solution provider MainOne has commenced construction activities on its data centre project in Appolonia City, Ghana. The company revealed in their announcement last […]. .
Data Economy 05/29/2020 12:05
Both appointments continue to fulfil the company’s strategic plans as the company simplifies the management of complex technology environments for its 17,000 customers. Park Place Technologies has announced that Andrew Gehrlein has joined the company as Chief Financial Officer and Michael Vedda has joined the company as Chief Revenue Officer. As CFO, Gehrlein will oversee […]. .
Data Economy 05/29/2020 09:34
The data centre sector is one of the best protected in the current downturn. The fundamentals of being in lockdown at home, for both work and personal life, mean that this digital infrastructure is more crucial than ever. All of the applications and services provided by the cloud computing companies that we are using to […]. .
Data Economy 05/29/2020 08:05
In this episode: Chinese giant Tencent sets aside $70 billion for cloud and AI data centre campuses, as part of China’s $3.7 trillion IT infrastructure investments; KKR’s $1 billion investment in Europe’s brand-new data centre player; Huawei faces new probe as CFO remains under house arrest; Europe FINALLY says yes to the £10.25 billion Three/O2 [...]. .
Data Economy 05/28/2020 13:57
Beyond.pl’s Supervisory Board has terminated Aman Khan’s contract in view of unforeseen circumstances precipitated by COVID-19. Beyond.pl has announced the appointment of Wojciech Stramski as its latest CEO, as the company revealed the pandemic outbreak made it impossible for Khan to be in Poland and oversee Beyond.pl’s strategic project of developing and expanding its data […]. .
Data Economy 05/28/2020 08:28
The company provides data centres, using a sustainable water-based cooling process in a bid to improve its environmental performances. Nautilus Data Technologies has announced the closing of a multi-draw, senior secured debt facility with Orion Energy Partners, L.P. for the commissioning of a 6.0MW colocation data centre located in Stockton, California and construction of additional […]. .
Data Economy 05/27/2020 11:19
The improvements are set to strengthen the foundational technologies of the company’s platform and extend its cloud and Machine Learning capabilities. Splunk (NASDAQ: SPLK) has unveiled the latest enhancements to Splunk Cloud, Splunk Data Stream Processor (DSP) and Splunk Connected Experiences that enables customers to bring a broader variety of data to every decision, question […]. .
Data Economy 05/27/2020 10:17
Former Zenium, JLL, Cushman & Wakefield and Colliers International executives to head new brand which KKR has made a further equity commitment expected to support more than $2.5 billion of asset development and investment. Global investment firm KKR (NYSE: KKR) has announced $1 billion in investment in a new data centre business planning to build […]. .
Data Economy 05/27/2020 07:53
Eurofiber’s redundant dark fibre and lit services support QTS’ hybrid colocation and hyperscale data centre services available to organisations in Europe. QTS Realty Trust (NYSE: QTS) has announced an agreement with Eurofiber Netherlands to provide dark fibre between QTS’ Groningen and Eemshaven, Netherlands data centres. The company’s platform for on-demand cloud and data centre connectivity […]. .
Data Economy 05/26/2020 09:35
Revenue from the online games and office software and services and others represented 67% and 33%, respectively, of total revenue. Chinese software and internet service company Kingsoft Corporation Limited has announced its unaudited quarterly results for the three months ended 31 March 2020. During the period under review, the revenue of Kingsoft increased by 32% […]. .
Data Economy 05/26/2020 08:02
Alibaba Group Holding Limited has announced its financial results for the quarter and fiscal year ended March 31, 2020. Revenue from Alibaba’s cloud computing business in the quarter ended March 31, 2020, was $1.725 million (RMB12.217 million), an increase of 58% compared to the same quarter of 2019. The company said that the increase was […]. .

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