Greece Establishes Licensing Framework for Data Centers to Boost Digital Hub Status

The Greek Ministry of Development has announced the completion of an institutional framework for licensing data centers, marking a pivotal step in enhancing the nation’s digital infrastructure. This framework, formalized through a Joint Ministerial Decision (JMD no. 96038/2024) and law 5069/2023, lays out precise regulations for the establishment and operation of data centers. By developing this structure, Greece aims to modernize its digital landscape and strengthen its position in the global digital economy, furthering its ambition to become an international data hub.

Under the new regulations, data centers are classified based on the services they provide—to third parties or for private use—and their capacity thresholds. Data centers with capacities exceeding 200 kW for third-party services or 1,000 kW for private use are required to submit disclosure statements and adhere to strict regulatory requirements. Smaller facilities, while exempt from disclosure, must still comply with legal obligations such as land use, facility standards, and fire safety. This comprehensive regulatory framework will take effect on March 1, 2025, setting the stage for Greece to attract leading global companies and investments in its growing digital technology sector.

Deputy Development Minister Anna Mani-Papadimitriou emphasized the strategic importance of this initiative, which she believes will significantly boost Greece’s status as a digital hub. By creating a clear and predictable regulatory environment, Greece hopes to attract significant international investment in data centers. This initiative underscores the government’s commitment to fostering a robust digital economy and positioning Greece as a leader in digital technology within the region.

Explore more

Microsoft Dynamics 365 Finance Transforms Retail Operations

In today’s hyper-competitive retail landscape, success hinges on more than just offering standout products or unbeatable prices—it requires flawless operational efficiency and razor-sharp financial oversight to keep pace with ever-shifting consumer demands. Retailers face mounting pressures, from managing multi-channel sales to navigating complex supply chains, all while ensuring profitability remains intact. Enter Microsoft Dynamics 365 Finance (D365 Finance), a cloud-based

How Does Microsoft Dynamics 365 AI Transform Business Systems?

In an era where businesses are grappling with unprecedented volumes of data and the urgent need for real-time decision-making, the integration of Artificial Intelligence (AI) into enterprise systems has become a game-changer. Consider a multinational corporation struggling to predict inventory shortages before they disrupt operations, or a customer service team overwhelmed by repetitive inquiries that slow down their workflow. These

Will AI Replace HR? Exploring Threats and Opportunities

Setting the Stage for AI’s Role in Human Resources The rapid integration of artificial intelligence (AI) into business operations has sparked a critical debate within the human resources (HR) sector: Is AI poised to overhaul the traditional HR landscape, or will it serve as a powerful ally in enhancing workforce management? With over 1 million job cuts reported in a

Trend Analysis: AI in Human Capital Management

Introduction to AI in Human Capital Management A staggering 70% of HR leaders report that artificial intelligence has already transformed their approach to workforce management, according to recent industry surveys, marking a pivotal shift in Human Capital Management (HCM). This rapid integration of AI moves HR from a traditionally administrative function to a strategic cornerstone in today’s fast-paced business environment.

How Can Smart Factories Secure Billions of IoT Devices?

In the rapidly evolving landscape of Industry 4.0, smart factories stand as a testament to the power of interconnected systems, where machines, data, and human expertise converge to redefine manufacturing efficiency. However, with this remarkable integration comes a staggering statistic: the number of IoT devices, a cornerstone of these factories, is projected to grow from 19.8 billion in 2025 to