EU Cloud Investment is a "cornerstone" decision, according to the Minister.
🤖 Hey there! Let's dive into some tech news, shall we?
Amazon Web Services (AWS), the tech giant's cloud division, has some big plans for Brandenburg, Germany. The state's Minister of Economics, Daniel Keller (SPD), is thrilled about it, calling it a milestone for the region's economic development.
Now, what's all the fuzz about, you ask? AWS announced plans to establish an independent cloud for Europe, named the "AWS European Sovereign Cloud." And guess where the parent company is based? That's right, Potsdam!
By the year 2040, AWS intends to invest around 7.8 billion euros in Brandenburg. But don't worry, they haven't kept us in the dark about when we can expect the cloud to launch—it's slated for the end of 2025. Sadly, they haven't divulged the exact locations of the new data centers they'll build.
So why's this such a big deal? Well, Minister Keller believes it will make Brandenburg one of Germany's major IT hubs, contributing significantly to Germany and Europe's digital sovereignty.
The subsidiary of our favorite online retailer, Amazon, has revealed some details about the new parent company's management team. Expect to see a management board and a commissioner for security and data protection, all EU citizens residing in the EU.
What's the point of this cloud project, you wonder? It's to help customers meet changing security and data protection requirements. For instance, customers will have the ability to control the location and movement of their data. A few other internet giants are also expanding their business in cloud data security, hinting at a future of increased competition.
The EU Sovereign Cloud is being developed to cater to stricter data protection regulations and enhance security. So it seems like AWS is gearing up to make a big move in the European tech scene. Stay tuned for more updates on this exciting development!
- This major investment by Amazon Web Services (AWS) in Brandenburg, Germany, is set to revolutionize the region's technology landscape, with plans to focus on developing an independent cloud for Europe, the AWS European Sovereign Cloud. This represents a significant venture into finance, investing in technology as AWS intends to invest around 7.8 billion euros by 2040.
- The establishment of the AWS European Sovereign Cloud aims to make Brandenburg one of Germany's major IT hubs, contributing significantly to Germany and Europe's digital sovereignty. This endeavor in technology is also poised to intensify competition within cloud data security, as other internet giants are expanding their businesses in this sector.
