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AWS to Invest €8.8 Billion in Germany, Creating Over 15,200 Local Jobs Annually in Support of Small Businesses

AWS to Invest €8.8 Billion in Germany, Creating Over 15,200 Local Jobs Annually in Support of Small Businesses
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Amazon Web Services (AWS) has announced a significant investment of €8.8 billion in its cloud infrastructure in the AWS European (Frankfurt) region to meet the increasing demand for cloud services in Germany. This investment is expected to support 15,200 full-time equivalent jobs in local companies annually, according to the AWS Economic Impact Study (EIS) for Germany. The total estimated contribution of AWS to Germany’s GDP over the years has been substantial, with a planned investment of €8.8 billion set to further boost the country’s economy.

Furthermore, AWS has also outlined plans to invest €7.8 billion between 2024 and 2040 in AWS European Sovereign Cloud. The first European sovereign cloud will be launched in Brandenburg, Germany, by the end of 2025, with projections indicating a positive impact on Germany’s economic output and employment opportunities. The AWS footprint in Germany has been expanding over the years, with a growing number of active customers utilizing AWS services for digital transformation.

In addition to infrastructure expansion, AWS is prioritizing the development of the cloud workforce in Germany through various training programs and initiatives. These include apprenticeship programs, certification collaborations with industry partners, and educational resources to upskill the next generation of tech workers in the country. AWS is also actively engaged in community initiatives such as AWS InCommunities, focusing on education, skills development, sustainability, and addressing local needs.

Amazon’s commitment to sustainability is evident through its goal to achieve net-zero carbon across all operations by 2040 and match global electricity use with 100% renewable energy by 2025. In Europe, Amazon has invested significantly in renewable energy projects, with a focus on wind and solar initiatives across multiple countries. AWS is implementing energy-efficient measures and technological advancements to minimize its environmental impact, including custom chips and water-positive goals by 2030.

Overall, AWS’s investments and initiatives in Germany are driving growth, innovation, and sustainability while positively impacting the local economy and workforce. Through strategic partnerships, community engagement, and a commitment to environmental responsibility, AWS continues to shape the future of cloud services in the region. For more information on AWS’s impact in Germany, refer to the AWS Germany Economic Impact Study.

Article Source
https://www.aboutamazon.eu/news/aws/aws-plans-to-invest-8-8-billion-in-germany-supporting-over-15-200-jobs-annually-in-local-businesses

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