Amazon stated that as it launches its cloud-based regional data center project in Israel, it aims to invest $7.2 billion there through 2037.
In order to offer cloud-based services to government ministries and other public entities, the company’s cloud provider, Amazon Web Services, announced the opening of the AWS Israel region.
This will also enable developers, startups, businesses, and enterprises to run applications and store data in data centers in Israel.
From 2023 to 2037, Amazon intends to invest up to $7.2 billion in Israel’s cloud ecosystem.
This investment covers all costs associated with building, connecting, running, and maintaining the AWS Israel (Tel Aviv) data center operations.
Through 2037, it is predicted that building and running the AWS Israel region will boost Israel’s GDP by around $13.9 billion.
According to Prasad Kalyanaraman, vice president of Infrastructure Services at AWS, “The launch of the AWS Region in Israel provides customers with the ability to build the most advanced cloud technology-based applications and achieve the highest levels of security, availability, and resilience. Israel’s strategy to promote technology innovation, along with its abundance of talent, has created a thriving global hub for entrepreneurs, e-governments, and multinational businesses.”
From 2023 through 2037, it is predicted that the development and maintenance of the cloud infrastructure region will provide 7,700 new jobs yearly for local enterprises.
According to Amazon, its investment in the nation will support jobs in the telecommunications, non-residential construction, electricity production, facility maintenance, and data center operations sectors of the data center supply chain.
Israel is the 32nd location Amazon has set up its cloud computing platform.
The rollout follows the activation of the local cloud region for Israel by Google’s parent firm, Alphabet, in October of the previous year.
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