City
Epaper

AWS plans to invest $8.4 bn into its European Sovereign Cloud in Germany

By IANS | Updated: May 15, 2024 14:00 IST

New Delhi, May 15 Amazon Web Services (AWS) on Wednesday announced its plans to invest 7.8 billion euros ...

Open in App

New Delhi, May 15 Amazon Web Services (AWS) on Wednesday announced its plans to invest 7.8 billion euros ($8.4 billion ) in its European Sovereign Cloud in Germany through 2040, which reflects the company’s long-term commitment to meeting Europe’s digital sovereignty needs.

The AWS European Sovereign Cloud intends to build its first AWS Region in Brandenburg, Germany, for all customers by the end of 2025.

“This investment reinforces our commitment to offer customers the most advanced set of sovereignty controls, privacy safeguards, and security features available in the cloud," Max Peterson, VP of Sovereign Cloud at AWS, said in a statement.

"We're investing heavily in new local talent and infrastructure, which will help provide the operational sovereignty our customers require," he added.

According to the company, AWS’s planned investment is estimated to contribute €17.2 billion (about $18.6 billion) to Germany’s total Gross Domestic Product (GDP) through 2040 and support an average of 2,800 full-time equivalent jobs in local German businesses each year.

"These positions - including construction, facility maintenance, engineering, telecommunications, and other jobs within the broader local economy - are part of the AWS data centre supply chain," the company said.

As per Professor Jorg Steinbach, Brandenburg’s Minister of Economic Affairs, Labour and Energy, state-of-the-art data centres for secure cloud computing are the basis for a strong digital economy.

"I am pleased AWS has chosen Brandenburg for a long-term investment in its cloud computing infrastructure for the AWS European Sovereign Cloud," he said.

In addition, the company mentioned that the AWS European Sovereign Cloud will provide customers the capability to meet strict operational autonomy and data residency requirements within the European Union (EU).

--IANS

shs/dan

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

EntertainmentBandish Bandits' actor Ritwik Bhowmik to make Bollywood debut with 'Abhootpurva'

EntertainmentAjay Devgn, Arshad Warsi, Riteish Deshmukh-starrer ‘Dhamaal 4’ shoot wraps up

NationalNDA high on power: K.C. Venugopal slams Ajit Pawar after video threatening woman IPS officer goes viral

BusinessMP Birla Cement's RMC plant inaugurated in Ayodhya

Entertainment‘Valsala Club’ brings a bizarre village tradition to the big screen

Technology Realted Stories

TechnologyFirst telecom system with India-made chips gets TEC certification

TechnologyS. Korea aims to double bio exports by 2030 to enter global top 5

TechnologyTrump calls workers arrested at S. Korean battery plant site 'illegal aliens'

TechnologyIndian stock market gains in volatile week amid GST reforms

TechnologyIndia will be among world’s top 10 shipbuilding nations by 2030: Sarbananda Sonowal