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SAP Commits 20-Billion-Euro Investment In Europe’s Sovereign Cloud Infrastructure

by THEFUTURE.TEAM

September 3, 2025

SAP’s Strategic Shift Towards European Sovereignty

German software titan SAP has announced a landmark investment of over 20 billion euros ($23.3 billion) in its European sovereign cloud capabilities over the next decade. This ambitious plan affirms the company’s resolve to bolster the region’s digital autonomy and ensure compliance with stringent data protection regulations such as the GDPR.

Expanding the Cloud Portfolio

SAP is set to broaden its sovereign cloud offerings by introducing an infrastructure-as-a-service (IaaS) platform that will empower businesses with diverse computing solutions available through its expansive data center network. Recognizing the market dominance of industry giants like Microsoft and Amazon in the IaaS arena, SAP’s move marks a significant escalation in the competitive landscape.

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Introducing On-Site Infrastructure Solutions

In addition to its cloud services, SAP will launch an innovative on-site option. This solution enables companies to operate SAP-managed infrastructure within their own data centers, thereby maintaining full control over their data and assuring compliance with regional mandates.

Integration of Innovation and Data Sovereignty

Thomas Saueressig, SAP’s board member overseeing customer services and delivery, emphasized the inseparable link between innovation and data sovereignty. During a virtual press conference, Saueressig stated, “Innovation and sovereignty cannot be two separate things — it needs to come together.” He underscored the importance for European enterprises to harness cutting-edge technologies such as artificial intelligence within a fully sovereign framework.

The Broader Geopolitical Landscape

The trend towards technological sovereignty has intensified amid rising geopolitical tensions. Global companies increasingly assess their dependency on foreign technology infrastructures, prompting tech leaders like Amazon and Microsoft to initiate sovereign cloud projects across Europe. Moreover, the European Commission has prioritized artificial intelligence, recently outlining a 20-billion-euro investment plan for new AI gigafactories aimed at harnessing next-generation computing power.

Strategic Financial Integration

SAP further clarified that the significant investment in Europe’s sovereign cloud capabilities has been integrated into their existing financial framework and will not impact the company’s planned capital expenditures for the upcoming year. While the firm plays a central role in supporting the broader geopolitical shift in technology infrastructure, SAP confirmed that it is not the lead partner in the newly proposed AI gigafactories initiative.

This strategic move by SAP not only solidifies its position in the competitive cloud landscape, but also exemplifies a broader industry pivot towards enhancing technological self-reliance and data security in an era dominated by global digital transformation.

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Cyprus Tourism Shows Strength As Clean Monday Hotel Bookings Surge

by THEFUTURE.TEAM

February 18, 2026

Hotels Embrace A Bright Outlook

Recent figures point to growing momentum in hotel reservations ahead of the Clean Monday weekend, signaling renewed confidence in Cyprus’ tourism sector. Christos Angelides, Director of PASYXE, emphasized the positive trend while also underscoring the need to gradually extend the tourism season beyond traditional peak months.

Favorable Conditions And Festive Spirit

Angelides noted that bookings recorded during the past weekend reached encouraging levels, a development attributed to multiple converging factors. The return of sunny weather after prolonged rainfall, coupled with the festive aura of carnival events and children’s parades in cities such as Nicosia, Limassol, and Paphos, has motivated many to opt for short getaways. This seasonal momentum is further boosted by the strategic initiatives of local hotels, many of which are curating special menus for Clean Monday events, offering guests an enhanced stay experience by keeping them on-premise.

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Positioning For The Off-Season

Despite the positive indicators, Angelides cautioned that average occupancy rates of 25%–30% highlight the need for continued innovation rather than complacency. He described the current period as part of a longer process of building winter tourism and pointed to opportunities in conferences, corporate events and niche travel segments as potential drivers of year-round demand.

Expanding Air Connectivity and Collective Ecosystem

Industry expectations are further supported by expanded air connections from established markets such as the United Kingdom and Israel, alongside increased routes from Armenia, Romania, Bulgaria, Latvia and Poland. While recovery in the German market remains gradual, broader improvements in connectivity continue to strengthen overall tourism prospects. Angelides added that sustainable year-round tourism depends on a wider ecosystem that extends beyond accommodation to include restaurants, museums, cultural venues and community events.

The Path Forward

Cyprus continues to benefit from strong competitive advantages in climate, accessibility and hospitality infrastructure. With coordinated planning across tourism stakeholders and consistent investment in diversified offerings, the sector is positioned to contribute more steadily to the national economy and support a more balanced, all-season travel model.