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Schwarz Group might be best known for its dominant position in the world of groceries. Now, its newly independent “STACKIT” cloud and colocation provider is eating its way into hyperscaler territory too.
Initially opaque agreement drew an outcry. What's really happening?
"[The question was] “can we effectively take something that traditionally takes hours, days and weeks, and turn it into something that takes seconds or minutes?"
The altnet provider has already absorbed two competitors since 2024.
“Physical cash has a vital role to play as a payment method that is independent, that is backed by [government] and that can be used as an analogue payment method when digital ones fail"
