According to TechFlow news on January 8th, MicroStrategy announced its partnership with STACKIT, a cloud service provider under the German Schwarz Group, to launch the MicroStrategy Sovereign European Cloud service. This service will provide AI-based business intelligence solutions, MicroStrategy ONE, for highly regulated industries in Europe, while ensuring compliance with local data sovereignty requirements.
STACKIT provides services that meet the highest security standards of the EU, with all operations and data processing infrastructure located within the EU, and customer data specifically stored in Germany and Austria. MicroStrategy CEO Phong Le stated that this collaboration reflects a shared vision of independence and economic stability. This service will support European clients in securely and compliantly utilizing data analytics across various sectors, including government, healthcare, and financial services.