About: http://data.cimple.eu/news-article/35ef49987c8f13a9a194cfeccff556297fba35a017cd31098a630dad

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An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Microsoft on Tuesday announced it would invest one billion dollars in Poland to expand its operations, including the creation of a new regional cloud-computing data hub. The US tech giant said it had signed an agreement with Poland's state-backed National Cloud Operator to provide "cloud solutions for all industries and companies in Poland", according to a statement on its website. "Another great global player chose Poland to locate its investment, worth as much as $ 1 billion, the largest in our region of Europe," Polish Prime Minister Mateusz Morawiecki said on Tuesday on his official Facebook page. "This is another important step on the road to digitisation and accelerating the development of the entire Polish economy." The investment project is expected to last seven years, Microsoft said. Microsoft is among the global leaders in providing cloud services -- an industry worth hundreds of billions of dollars. As well as charging for the service, cloud operators are able to harvest huge caches data and open up many other revenue streams. The National Cloud Operator was set up two years ago by the state-controlled PKO Bank and the Polish National Development fund to speed development of the digital economy. Once among the EU's most rapidly expanding economies, growth in Poland is set to shrink by 3.4 percent this year, according to a revised government projection, down from an expansion of 3.7 percent of GDP forecast prior to the pandemic. mas/jxb
schema:headline	Microsoft to invest $1 bln in Poland cloud
schema:mentions	PKO Bank Polski Cloud computing Prime Minister of Malaysia Poland Microsoft Gross domestic product European Union Minute and second of arc Pandemic Facebook National Development Fund of Iran Digitization Digital economy
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-05-05 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	79 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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