AWS to invest 8.8 billion euros in Germany to meet growing cloud demand

Last month, AWS announced plans to invest €7.8 billion in Germany by 2040 and launch its first European sovereign cloud project by the end of 2025.

Amazon Web Services (AWS) has revealed plans to invest €8.8 billion in its existing cloud infrastructure in Germany, its second major investment commitment to the country in a month.

In an announcement today (June 19), e-commerce giant Amazon’s cloud services arm said additional investments would be made in Germany’s Frankfurt region to meet growing customer demand for cloud services. .

Last month, AWS announced plans to invest €7.8 billion in Germany by 2040 and launch its first European sovereign cloud AWS region in the state of Brandenburg by the end of 2025.

Amazon said the latest investment is expected to create more than 15,000 new jobs in Germany per year. Between 2014 and 2023, the company says AWS invested €9.6 billion and contributed approximately €18.4 billion to Germany’s GDP (gross domestic product).

AWS has a strong presence in Germany, Europe’s largest economy, with offices in Berlin, Düsseldorf, Frankfurt, Hamburg, Munich and Walldorf. At the EU level, Amazon says it has invested more than €150 billion since 2010 and employs more than 150,000 people in permanent positions within the European single market.

Last month, AWS announced plans to create “permanent, highly skilled positions” to build and operate its European sovereign cloud, including software engineers, systems developers and solutions architects.

“This investment reinforces our commitment to offering our customers the most advanced set of sovereignty controls, privacy guarantees and security features available in the cloud,” Max Peterson, vice president of ‘AWS from Sovereign Cloud.

“We are investing heavily in new local talent and infrastructure, which will help provide the operational sovereignty our customers need. This is an exciting milestone and we look forward to seeing how our customers and partners across Europe will further drive innovation with the AWS European Sovereign Cloud.

Last week, AWS announced support for early-stage startups worth $230 million, aiming to fund the second cohort of its generative AI accelerator. And last month, the e-commerce giant reported strong financial results in its latest quarterly earnings report, with net sales up 13% and AWS operating profit nearly doubling.

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