NEC to lay trans-Pacific submarine cable between the US and Japan
NEC announced the signing of a contract with Seren Juno Network Co., Ltd. founded by NTT Ltd, PC Landing Corp. Mitsui & Co., Ltd. and JA Mitsui Leasing, Ltd.
According to the contract, the contractor is to lay a trans-Pacific fibre optic submarine cable between the state of California in the US and the prefectures of Chiba and Mie in Japan.
The project is promised to be completed by the end of 2024. The cable, which will be more than 10,000 kilometres long, will achieve a maximum capacity of 350 Tbit/sec for data exchange between Japan and the US.
First Microsoft data center to appear in Romania
Romanian media reports that Microsoft has started implementation of several IT projects in Romania. Officially it has not been announced yet. According to the sources, Microsoft has purchased a plot of land in the town of Otopeni, located near the Romanian capital Bucharest.
It is also reported that access to huge amounts of electricity and advanced communication networks were decisive factors in choosing this location.
Microsoft is not the only major IT player to look at the Eastern European country. For example, Tema built the country’s first hyperscale data center for ClusterPower.
SAP reported a loss of €300 million due to withdrawal from the Russian market
German company SAP, engaged in production of enterprise software, confirmed the earlier assumption that withdrawal from the Russian market will lead to a loss of about €300 million.
According to the financial report, the company’s total revenue for the three months was about €7.517 billion, which is 13 percent more than last year. The most notable growth was in the cloud services segment, which accounted for 34%, and cloud segment revenues in total reached 41% of SAP’s total revenues. According to the head of the company, the pace at which customers are moving to the cloud is at a record pace.