Nova Scotia startup seeks to build on privacy law advantage
Canadian Privacy Law Blog:
A client company, Bastionhost Ltd., held a mini-summit earlier this week seeking to expand its vision of building data centres in Nova Scotia. A key part of its value proposition is the regulatory climate in Canada, paticularly its privacy laws that are deemed adequate under European Data Protection law and alow millisecond access to American markets without having the data accessible under laws like the USA Patriot Act.
Here’s the press release for the event PRESS RELEASE: FOR IMMEDIATE RELEASE
Monday, December 1st, 2008
IT start-up Bastionhost announces initiative to attract business to Atlantic Canada
Dataville, Canada
This economic downturn could provide an unprecedented opportunity for the Nova Scotia information technology sector, a technology entrepreneur told a Leadership and Innovation Mini-Summit held at the Halifax Club last week. The current economic crisis presents the Atlantic region with a unique business advantage, said Anton E. Self, founder and CEO of Halifax-based IT startup Bastionhost.
Self unveiled an ambitious strategy he calls “Creating Dataville” to develop a data centre industry in the province. Data centres are a fast-growing sector as corporations and governments struggle to store the massive amounts of information that underlie much of the economy.
“Massive losses stemming from the mortgage loan crisis have driven major financial institutions and enterprises with offices in both New York and London to look for ways to slash operating costs,” said Self. “Their losses can be Nova Scotia’s gain. Why pay millions to operate two backup data centres in North America and Europe, when one in Dataville will do?”
Self, announced his company’s project to put Nova Scotia on the technological map by establishing a system of data centres and digital media storage facilities in the province.
“We can build a new billion dollar industry right here in Nova Scotia,”
he…