“AWS to Invest $8.4 Billion in German Cloud Services”, Amazon Web Services (AWS) announced on Wednesday its intention to invest 7.8 billion euros ($8.44 billion) in Germany by 2040. This investment aims to construct a dedicated cloud computing infrastructure tailored for Europe. The initiative reflects AWS’s commitment to expanding its presence in the region and meeting the growing demand for cloud services.
By establishing a specialized infrastructure, AWS seeks to enhance data security, compliance, and performance for European customers. This investment underscores AWS’s strategic focus on strengthening its global footprint and supporting the digital transformation needs of businesses across various industries in Europe.
Last year, AWS revealed its strategy to store data on servers situated within the European Union. This move aimed to safeguard data privacy for government entities and customers operating in heavily regulated industries. By storing data locally, AWS sought to address concerns regarding compliance with stringent data protection regulations, such as the General Data Protection Regulation (GDPR), while also enhancing data security and sovereignty for European customers.
This initiative reflected AWS’s commitment to addressing the evolving regulatory landscape and meeting the specific needs of customers in Europe with regard to data privacy and security.
AWS noted that the new investment would contribute to supporting an average of 2,800 full-time jobs annually in local German businesses. This commitment underscores AWS’s aim not only to enhance its infrastructure but also to stimulate economic growth and employment opportunities within the German market. By fostering job creation and supporting local businesses, AWS demonstrates its dedication to becoming an integral part of the German economy while simultaneously advancing its cloud computing services in the region.
Last week, AWS announced its collaboration with Telefonica Germany, revealing plans to assist in migrating one million 5G customers to its cloud platform starting later this month.
