The company announced a twenty billion euro investment in cloud computing on Tuesday while warning about Europe’s technological lag.
“We cannot wait five years,“ he stated bluntly to reporters. “Europe is far behind.”
Trump’s tariffs on European goods and repeated criticism of European tech regulations have intensified these worries.
Clients can alternatively choose to keep all data within their own premises according to the new offering.
“Data sovereignty ensures that all data remains within the European Union, upholding strong data protection and compliance with European Union regulations,“ he explained.
Although American competitors like Microsoft offer similar data localization options, Saueressig argued European oversight provides greater security.
The software giant employs approximately 110,000 people and remains Germany’s most valuable company at 285 billion euros. – AFP
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