Media Release: Joining the VMware by Broadcom Sovereign Cloud initiative
2 August 2022, Macquarie Technology Group (ASX: MAQ) today became a member of the VMware by Broadcom Sovereign Cloud initiative, a reflection of the company’s decade-long commitment to sovereign IT capability.
The growing importance of data sovereignty, scrutiny of data access and control, and increasing geo-political friction is leading governments and regulated industries to closely analyse their cloud strategies and evaluate who may have access to their data. The VMware by Broadcom Sovereign Cloud initiative helps customers identify and engage with trusted national or regional cloud service providers to meet their unique sovereign cloud requirements.
VMware by Broadcom Sovereign Cloud initiative participants offer sovereign cloud solutions for customers in highly regulated industries, such as banking and finance, healthcare, energy, government services, the public sector, and telecommunications.
Macquarie’s designation as a VMware by Broadcom Sovereign Cloud Provider follows the company’s own rigorous assessment of its data centres and cloud services in accordance with the VMware by Broadcom Sovereign Cloud framework. These include protecting critical data for both private and public sector organisations with audited security controls, ensuring compliance with data privacy laws, improving control of data by providing both data residency and data sovereignty and delivering national capability for the digital economy.
Mike Reddie, Senior Director of Cloud for VMware A/NZ, said, “We’re very pleased Macquarie Telecom has joined the VMware by Broadcom Sovereign Cloud initiative. The added value of data sovereignty, jurisdictional control, and data security and compliance means that Macquarie Telecom customers are preparing for changing regulations, increased security threats and geopolitical uncertainty – all of which are growing challenges.”
Becoming a member of VMware by Broadcom’s Sovereign Cloud initiative is the latest in a string of sovereign credentials for Macquarie Technology Group. In August 2021 it became one of the first data centre providers to be Certified Strategic by the Digital Transformation Agency (DTA).
Last year Macquarie also surpassed the 200-mark for staff with the AGSVA NV1 security clearance – a key requirement for managing classified government data – an increase of more than 66 per cent of staff with this clearance between July-August 2021 alone.
Managing Director of Macquarie Technology Group Aidan Tudehope said the certification from VMware by Broadcom is an important validation of the sovereign message his company has been championing for more than a decade.
“Becoming a VMware by Broadcom Sovereign Cloud Provider is further validation of Macquarie’s long-term position on the importance of sovereign capability at a time when national resilience is more important than ever in Australia,” he said.
“In the lead up to the election, the Albanese Government announced its commitment to building a sovereign, domestic IT capability to cultivate local industry and keep our data safe.
“Increasing geo-political friction has elevated this conversation, with Government and regulated industries casting a closer eye over their cloud strategies and who has access to their data.
“We’ve walked the talk with data sovereignty for a long time, providing customers with not just data residency through our suite of onshore data centres, but complete sovereignty, with data managed onshore and safeguarded from the whims of foreign jurisdictions.”
You can find out more about our Sovereign Cloud here.
