Subj : Germany is the latest country to get billions in AWS investment To : All From : TechnologyDaily Date : Thu Jun 20 2024 12:00:06 Germany is the latest country to get billions in AWS investment Date: Thu, 20 Jun 2024 10:57:37 +0000 Description: Amazon confirms plans to invest another 10 billion in Germany following its 7.8 billion commitment to a sovereign cloud. FULL STORY ====================================================================== Amazon has announced another investment as part of its ongoing spending spree across Europe to strengthen its cloud infrastructure, confirming plans for 10 billion in funding directed to Germany. Announced by Amazon, not its cloud division AWS, the investment will serve both to boost the countrys datacenters as well as its logistics network. The expansion of the Seattle companys footprint in the continents biggest economy will see the creation of new jobs, facilities and training opportunities. Amazon to invest 10 billion in Germany The company confirmed that it would be creating 4,000 jobs this year in the country across three fulfilment centers: Horn-Bad Meinberg (North Rhine-Westphalia), which is set to open this summer; its brand-new site in Erfurt (Thuringia), and Groenkneten, which opened in August 2023. As a result of the new recruiting efforts, Amazons German headcount is expected to stand at 40,000 by the end of the year. The 10 billion investment comes on top of the already-confirmed 7.8 billion investment from AWS to support its initial European Sovereign Cloud infrastructure. Amazons total investment in the country since 2010 stands at 77 billion. Speaking about the companys 25-year history in Germany, Country Manager Rocco Bruniger made remarks about the positive impact for the country and especially the communities where we operate with a broad range of investments and jobs ranging from research and development to logistics and customer service. The majority of the latest round of investments will be ploughed into the AWS Europe (Frankfurt) Region, which celebrates its tenth anniversary this year. A 15.4 billion uplift to the countrys GDP and the creation of 15,200 full-time jobs annually are predicted to come from the investment between now and 2026. More from TechRadar Pro AWS is investing millions backing generative AI startups Weve rounded up a list of the best cloud hosting providers Take your products online with the help of the best ecommerce platforms ====================================================================== Link to news story: https://www.techradar.com/pro/germany-is-the-latest-country-to-get-billions-in -aws-investment --- Mystic BBS v1.12 A47 (Linux/64) * Origin: tqwNet Technology News (1337:1/100) .