Sberbank Opens Europe’s Biggest Data Center
13 November 2011
By Justin Varilek
During an opening ceremony Saturday, Sberbank flaunted the 16,500-square-meter data center Yuzhny Port — the largest of its kind in Europe, demonstrating its latest capabilities through centralizing programs. The data center, developed by Irish and Russian contractors in 15 months, cost about $1.2 billion, a sum the bank expects to pay off within 2 1/2 years. The data center will centralize and store all of the information from Sberbank’s regional banks, diminishing the time required to implement banking services.
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