Microsoft to invest $1.5bn in Italian cloud business
The new datacentre region will be based in the Milan areaEuropost
Microsoft Corp. announced on Friday it would create its first datacentre region in Italy under a $1.5bn investment plan, as the US company expands its cloud computing services to more locations across the world.
Jean-Philippe Courtois, Microsoft’s head of global sales, marketing and operations, said the company saw enormous potential to accelerate innovation through cloud services. Analysts previously said they expect the Italian cloud market to grow at a double digit pace in the next few years as companies, which have embraced smartworking during the coronavirus crisis, will increasingly rely on digital processes for their business. Hence, it is no surprise Microsoft’s rival Amazon Web Services last week opened a datacentre region in Milan, while in March Google’s Inc sealed a partnership with former phone monopoly Telecom Italia to expand cloud business operations in Italy.
The new datacentre region will be based in the Milan area, joining Microsoft’s other 60 regions announced globally. Also in Italy, Microsoft, under a five-year plan, will provide access to local cloud services and launch digital skilling and smart-working and artificial intelligence programs for small and medium enterprises. The company will also expand its technology partnership with state-controlled postal operator Poste Italiane, helping the company to accelerate its digital transformation.
Meanwhile, in February, Microsoft announced plans to open a new datacentre region in Spain and earlier this week the company said it would invest $1bn in Poland as part of plans to open a data centre to provide cloud services to businesses and institutions.