financetom
Business
financetom
/
Business
/
DNeX, Google Cloud sign multi-year deal to provide sovereign cloud services in Malaysia
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
DNeX, Google Cloud sign multi-year deal to provide sovereign cloud services in Malaysia
Oct 3, 2024 12:24 AM

KUALA LUMPUR, Sept 30 (Reuters) - Malaysian technology

firm Dagang NeXchange Berhad (DNeX) and Google Cloud

on Monday announced a multi-year deal to provide sovereign cloud

services in the country.

The announcement comes as the Alphabet unit expands

its footprint in the Southeast Asian country. Google said in May

it would invest $2 billion to develop its first data centre and

Google Cloud region in Malaysia.

The partnership was aimed at addressing demand for cloud

solutions that meet strict data residency, security, and privacy

requirements, particularly within regulated industries like

public services, financial services, healthcare, and energy, the

firms said in a joint statement.

Under the agreement, DNeX would be authorised to operate

Google Distributed Cloud, which provides "air-gapped" solutions

for Malaysian organisations - meaning it can operate without

connection to the Internet or a Google Cloud region, they said.

The firms did not specify a value or timeframe for the deal.

"Google Cloud and DNeX will empower organizations with the

state-of-the-art distributed cloud infrastructure, developer

tools, and AI services they need to drive digital transformation

on their own terms," Vice President of Google Cloud Asia Pacific

Karan Bajwa said in the statement.

DNeX and Google Cloud were also exploring the creation of an

AI centre of excellence, a hub for nurturing local talent in

artificial intelligence, the firms said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Samsara Insider Sold Shares Worth $3,337,235, According to a Recent SEC Filing
Samsara Insider Sold Shares Worth $3,337,235, According to a Recent SEC Filing
Jul 10, 2024
05:24 PM EDT, 07/10/2024 (MT Newswires) -- Sanjit Biswas, 10% Owner, Director, CEO, on July 09, 2024, sold 96,000 shares in Samsara (IOT) for $3,337,235. Following the Form 4 filing with the SEC, Biswas has control over a total of 3,510,731 shares of the company, with 1,564,432 shares held directly and 1,946,299 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1642896/000141588924019467/xslF345X03/form4-07102024_090745.xml ...
K92 Mining Second-Quarter Production Falls 21% Due to Mining Halt; Shares Rise to a 52-Week High
K92 Mining Second-Quarter Production Falls 21% Due to Mining Halt; Shares Rise to a 52-Week High
Jul 10, 2024
05:27 PM EDT, 07/10/2024 (MT Newswires) -- K92 Mining ( KNTNF ) , whose shares rose 2.1% on Wednesday to a 52-week high, after trade Wednesday said second-quarter production from its Kainantu mine in Papua New Guinea fell 21% due to a temporary forced closure of the site during the period The company produced 24,347 gold-equivalent ounces (GEOs) in the...
Big Rock Brewery Buying Packaging Equipment and Operational Re-alignment
Big Rock Brewery Buying Packaging Equipment and Operational Re-alignment
Jul 10, 2024
05:29 PM EDT, 07/10/2024 (MT Newswires) -- Big Rock Brewery ( BRBMF ) after trade Wednesday said it acquired a QuikFlex 2100G3 manufactured by Graphic Packaging International, a global provider of integrated solutions for packaging, materials, printing, and automation. No financial details were given. A statement noted the QuikFlex will be integrated with the corporation's high-speed canning line that was...
Pure Cycle Fiscal Q3 Earnings Decline, Revenue Increases
Pure Cycle Fiscal Q3 Earnings Decline, Revenue Increases
Jul 10, 2024
05:21 PM EDT, 07/10/2024 (MT Newswires) -- Pure Cycle ( PCYO ) reported fiscal Q3 earnings late Wednesday of $0.12 per share, down from $0.14 a year earlier. Revenue for the quarter ended May 31 was 7.6 million, up from $6.9 million a year earlier. Comparable analyst estimates were not available. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved