Amazon's Cloud Division To Fund 15.7 billion Euros in Spain
CIOTechOutlook Team | Thursday, 23 May 2024, 04:42 IST

In Aragon, Amazon has three data centers, it plans to invest 2.5 billion euros in 2021. The investment, according to the US company, will result in the creation of approximately 17,500 indirect jobs in Northwest companies.
"This new commitment by AWS spotlights our country's attractiveness as a strategic tech hub in southern Europe,"Spanish Digital Transformation Minister Jose Luis Escriva was quoted by Amazon in the statement.
The top of the regional government, Jorge Azcon, said this will be the biggest venture from an organization in Aragon's set of experiences.
"An investment that positions Aragon as a leading technological hub on a continental and global level," he added in a message on social network X, formerly Twitter.
A trailblazer of e-commerce, Amazon's AWS likewise rules cloud computing with 31% of the market toward the end of 2023, as per Stocklytics. However, rivals Microsoft and Google are making strides, with 24% and 11 percent portion of the overall industry of the cloud business industry, respectively.
CIO Viewpoint
Empowering Women: Shaping the Future of Industry
By CIOTechOutlook Team
Scaling AI: Finding the right Biztech...
By Sujatha Gopal, CTO - Communications, Media & Information Services (CMI), Tata Consultancy services
Gen AI: Transforming Cloud Solutions for...
By Matt Yanchyshyn, VP - AWS Marketplace & Partner Services, AWS
CXO Insights
What's your Innovation Strategy?
By Prashant Lalchandani, Practice Lead - BFS Transformation, Capgemini FS SBU
Migrating to the Cloud - Why you Should...
By Pankaj Sabnis, Principal Architect - Cloud Computing, Infogain
e-Health: The Changing Face of Healthcare