The tech major’s investment commitment through Google Cloud is expected to create nearly 20,000 new jobs in Greece
Google to set up its first cloud region in Greece. (Credit: Pauli-Pirat/Wikimedia Commons)
Google will invest nearly €2.2bn to set up its first cloud services in Greece, said the country’s Prime Minister Kyriakos Mitsotakis.
The internet major’s investment is expected to bolster Greece’s efforts in becoming a world cloud computing hub, reported Reuters.
The investment aims to improve low latency, ensure user security, and enable businesses to make better use of their data.
Google Cloud international president Adaire Fox-Martin, has been quoted by the publication, as saying: “Today, we are very pleased to be announcing our first cloud region in Greece which will provide storage and cloud services for Google customers.”
Google’s investment commitment is expected to generate nearly 20,000 new jobs and increase the country’s GDP, as per the Greek Prime Minister.
The Greece cloud region is likely to feature the most advanced technologies to help Greek firms improve data management as well as tackle the increasing cybersecurity threats.
Along with establishing the cloud region in Greece, Google will invest €1m to set up two hubs for sustainability and artificial intelligence (AI) in Thessaloniki and Patras, reported various Greek publications.
Last month, Google Cloud revealed plans to open its first cloud regions in Thailand and Malaysia to meet the increasing demand for cloud services in the two Asian countries.
The Thailand and Malaysian cloud regions are expected to provide the necessary enterprise-grade capabilities to domestic firms for accelerating digital transformation and gain new competitive advantages.