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The €2.5B expenditure will cover capital expenses, operating expenses, equipment imports and employee salaries through 2031. The expansion strategy in Spain is focused on the northern Aragon region and includes a plan to hire 1,300 employees across the new facilities.
Data centres are critical utilities, the almost invisible heart, lungs and nerve cells of the digital revolution, facilitating increasing general economic activity for the good of citizens – nationally and internationally.
Investment in new tech by businesses is likely to increase despite uncertainty from the coronavirus pandemic, new research suggests.
A survey of IT professionals by CWJobs as part of its annual Confidence Index found that almost half (49%) of senior staff believe they will increase their tech budget in the wake of the outbreak.
Electrical equipment and data centre infrastructure giant Schneider Electric has said the financial impact of coronavirus on its quarterly revenues could reach €300m after factory closures in China temporarily halted production.
The company was forced to shut down facilities in China in response to the outbreak, 80 percent of which have now reopened.
Wider economic downturn finally hits the typically resilient tech sector Growth in the UK tech economy has eased for the first time in seven years, with Brexit uncertainty and cuts to corporate spending blamed. The KPMG UK Tech Monitor Index, which measures the economic strength of the sector, revealed growth had dropped from 54.4 points… Read More