Emerald plans new cloud cable to the US

businessworld.ie (Dec 5 2011) Geothermal , Cloud Computing , Networking

1. US-based startup Emerald Networks has joined a race to build the first new transatlantic telecommunication cable since 2003, linking Ireland and Iceland to North America. It hopes to lay the USD 300m transatlantic telecoms cable by 2013. The initiative could bring hundreds to jobs to the country with Co Mayo, where the cable will make landfall, receiving a particular boost. Taoiseach Enda Kenny has unveiled the project, heralding it as a big step in the government's ambition to make Ireland a global hub for cloud computing. "This will give great connectivity around the whole country, which is vitally important for attracting high tech investment in the future," government spokesman Tom McLoughlin said. Demand for remote data centres is increasing, boosted by the rising trend of so-called cloud computing, where information is stored and processed at massive remote data centres. (Read Full Article)

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