According to TechFlow, MicroStrategy announced that it has partnered with STACKIT, a cloud service provider under the German Schwarz Group, to launch the MicroStrategy Sovereign European Cloud service.
The service provides MicroStrategy ONE, an AI-based business intelligence solution, to highly regulated industries in Europe, ensuring compliance with local data sovereignty requirements.
STACKIT provides services that comply with the highest EU security standards. The data processing infrastructure is located within the EU and customer data is stored in Germany and Austria.
MicroStrategy CEO Phong Le said the collaboration reflects the two parties' shared vision of independence and economic stability, supporting European customers such as government, healthcare and financial services to use data analytics securely and compliantly.