Categories: Science and Technology

Alphabet Inc’s Google to build its first cloud region in Greece

Greek Prime Minister Kyriakos Mitsotakis welcomes President of Google Cloud International Adaire Fox-Martin (not seen) at the Maximos Mansion in Athens, Greece, September 29, 2022. REUTERS/Costas Baltas

Alphabet Inc’s Google will set up its first cloud region in Greece, the company, giving a boost to the country’s efforts to become a world cloud computing hub. The deal is estimated to contribute some 2.2 billion euros ($2.13 billion) to Greece’s economic output and create some 20,000 jobs by 2030. The investment would enable organisations to better use their data, help improve low latency and ensure users’ security in the face of cybersecurity threats.

Key points:

Since taking office in 2019, Mitsotakis’s conservative government has stepped up moves to diversify the economy and attract foreign investment and high-tech companies to the country which emerged from a decade-long financial crisis in 2018.
Google’s investment comes two years after Microsoft Corp. decided to build a data centre hub in the country. Amazon Inc’s cloud computing division also opened its first office in Greece last year to support what it said was a growing number of companies and public sector agencies using its cloud services.

Important takeaways for all competitive exams:

Google CEO: Sundar Pichai;
Google Founded: 4 September 1998, California, United States;
Google Founders: Larry Page, Sergey Brin.

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.