Government of Monaco Adopts a VMware Sovereign Cloud to Enhance Data Security
Portfolio Pulse from Benzinga Newsdesk
The Government of Monaco has adopted a VMware Sovereign Cloud, provided by Monaco Cloud, to enhance data security and accelerate its digital services targets. This move is expected to help protect sensitive data, comply with national laws, and modernize public services. Monaco Cloud, a VMware partner, will operate the Government's sovereign cloud to support the 'Extended Monaco' program, aimed at making digital technology the foundation of all public policies and services.
October 16, 2023 | 7:37 am
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POSITIVE IMPACT
VMware's partnership with the Government of Monaco for the deployment of a Sovereign Cloud could potentially boost its reputation and market presence. This could lead to increased demand for VMware's cloud services.
The news of VMware's partnership with the Government of Monaco is directly relevant to the company and its cloud services. This partnership could enhance VMware's reputation as a provider of secure and compliant cloud services, potentially leading to increased demand. Therefore, this news could have a positive impact on VMware's stock in the short term.
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IMPORTANCE 75
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