Portugal offers an unrivaled area for data centers committing to best practices in rules for data protection and positioning as one of the most business friendly , steady and open countries in the EU regarding innovation, digitalization and specialized aptitude. A new report released by Akin Gump Strauss Hauer and Feld, a international law firm, and PLMJ, a law firm situated in Portugal, says.
The report, “Embracing the Challenges of Digital Transformation,” describes Portugal as a welcoming hub for large international technology companies and hyperscalers. The paper explores how Portugal specifically addresses data protection and cybersecurity challenges that arise when facing heightened digital demands.
The digital foundation industry has seen fast change, with worldwide web traffic allegedly increasing by more than 40% in 2020 alone. As global digital transformation continues to gather pace, European countries are putting increasing emphasis on personal data protection through the transformation of new laws and regulations. Other European countries are embracing concepts akin to “data sovereignty”, meaning to keep data within a state’s own borders.