City
Epaper

AWS to invest additional $9 bn in Singapore to grow its cloud infrastructure

By IANS | Updated: May 7, 2024 13:45 IST

New Delhi, May 7 Amazon Web Services (AWS) on Tuesday said it will invest an additional $9 billion ...

Open in App

New Delhi, May 7 Amazon Web Services (AWS) on Tuesday said it will invest an additional $9 billion in Singapore over the next five years to grow its cloud infrastructure and services in the country.

As mentioned by Priscilla Chong, country manager of AWS Singapore, the investment will support the development and expansion of the DC capabilities in the Asia-Pacific (APAC) Singapore region, reports CNBC.

Amazon’s cloud computing arm launched its first APAC region in Singapore in 2010 -- its first foray outside of the US and Europe. Since then, AWS has invested over $8 billion into Singapore’s cloud infrastructure and ecosystem.

"Starting with our investment in Singapore in 2010, AWS has continued to strengthen their commitment to the ASEAN region, sharing the uplift (in) digital skills across the nations, providing secure and resilient infrastructure consistently across the region,” Chong was quoted as saying.

She further mentioned that the company has trained more than 400,000 people in Singapore in cloud skills since 2017 and will continue to invest in upskilling and improving productivity across the country, the report noted.

In recent years, AWS has expanded its footprint outside of the US, with a large portion of that investment focused on Asian markets. This year, the company revealed plans to spend over $35 billion outside of the US, including Japan, Saudi Arabia, and Mexico.

In May last year, it announced plans to invest Rs 1,05,600 crore ($12.7 billion) into cloud infrastructure in India by 2030 to meet growing customer demand for cloud services in the country.

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

EntertainmentG V Prakash took only 50 per cent of his pay for Blackmail, says film producer Jeyakodi Amalraj

NationalDelhi CM Gupta visits hometown Jind; recalls early struggles and resistance from her mother

NationalIIM-C rape case: Accused's counsel likely to flag victim's continuing non-cooperation during probe

BusinessWhy Parents Trust Invertis University for Their Children’s Future

MaharashtraMHADA Konkan Lottery 2025: How to Apply Online, Step-by-Step Process, Required Documents and Important Dates; Check Details Here

Technology Realted Stories

TechnologyIndia-EFTA free trade pact to come into effect from October 1: Piyush Goyal

TechnologyIndia-UK FTA to boost bilateral trade by 25.5 billion pounds annually

TechnologyNifty enters crucial demand zone between 25,000 and 24,770: Analysts

TechnologyIndia’s agri-exports surge in Q1 FY26, rice exports lead

TechnologyIndustry 4.0 should be adopted in CPSEs for global competitiveness: Govt