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Minimising Power, Equipment & VAT Costs on HPC Services for Financial Services

By 8 Apr, 2019November 18th, 2019Insights, Technology Trends

GreySpark Partners Briefing — Supported by Verne Global

GreySpark Partners presents an insight paper to inform CTOs of the potential cost savings that can be made by engaging a near-shore data centre provider for non-latency sensitive high-performance computing (HPC) services.
The report – developed in association with Verne Global – examines the VAT obligations across the EU and non-EU European countries for the delivery of e-services to foreign financial services firms and quantifies the potential savings that can be made in Iceland. Additionally, the report looks at the savings that can be made on leased equipment, which are also VAT-exempt in Iceland, and the cost implications of the low-power tariffs that are offered to foreign firms.

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