Amazon to invest 7.8 billion euros in setting up data centers across Germany.
Amazon Web Services (AWS), the biggest cloud provider, intends to set up new data centers in Germany during the upcoming years. The online retailer's subsidiary revealed on Wednesday that it will sink 7.8 billion euros into Brandenburg locations by 2040.
These new investments are expected to generate an average of 2,800 full-time jobs annually for local German companies. In 2019, AWS declared its plans to establish data centers in the European Union (EU) to comply with the stringent data protection regulations of both governments and businesses operating in heavily regulated sectors.
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- Amazon's investment of 7.8 billion euros in data centers across Germany will continue until 2040, primarily focusing on locations in Brandenburg.
- By the end of each year, these massive investments are projected to create an average of 2,800 full-time job opportunities for local German companies associated with Amazon's data centers.
- Similarly to its 2019 announcement, Amazon Web Services, the cloud provider, is investing in data centers in Germany to adhere to stringent data protection regulations within the European Union.
- With its recent announcement of investment in Germany, Amazon's total investment in European data centers, including those in Germany, amounts to over 30 billion euros – making Amazon a major player in European data center development.
Source: www.ntv.de
