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

by IANS |



New Delhi, May 15 (IANS) 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).



Latest News
How eating junk food regularly can make you nutrient deficient Sat, Sep 07, 2024, 03:55 PM
Indian startups raise more than $348 million funding this week Sat, Sep 07, 2024, 03:53 PM
Hackers behind Rs 2,000 crore WazirX theft begin laundering stolen assets Sat, Sep 07, 2024, 01:37 PM
Iran, Serbia voice willingness to boost ties Sat, Sep 07, 2024, 01:35 PM
Brij Bhushan accuses Cong of conspiracy, Vinesh of cheating Sat, Sep 07, 2024, 01:33 PM
DRS in domestic cricket will improve batters' techniques, says Ashwin Sat, Sep 07, 2024, 01:20 PM
Voice of every Indian taught me something: LoP Rahul on 2nd anniversary of BJY Sat, Sep 07, 2024, 01:11 PM
Sultanpur encounter: UP govt orders magisterial probe Sat, Sep 07, 2024, 12:10 PM
Australia: 4.5-magnitude earthquake hits near Sydney Sat, Sep 07, 2024, 11:59 AM
Crimes against women surging in Uttarakhand: RTI data Sat, Sep 07, 2024, 11:57 AM
Death toll in Hathras road accident rises to 17 Sat, Sep 07, 2024, 11:39 AM
Africa CDC warns of rising mpox cases, launches response plan with WHO Sat, Sep 07, 2024, 11:27 AM
RG Kar scam: CBI finds documents of medical equipment never purchased but billed Sat, Sep 07, 2024, 11:26 AM
PM Modi congratulates Hokato Hotozhe Sema on bagging Bronze at Paris Paralympics Sat, Sep 07, 2024, 10:46 AM
Arunachal CM calls on Dalai Lama, gifts his first dwelling after fleeing Tibet to trust Fri, Sep 06, 2024, 04:51 PM