At the end of last week, Alphabet announced that Google will build its first cloud region in Greece, thereby helping the Greeks in their quest to become a major cloud hub on a global level.
According to the Greek Prime Minister, the agreement is worth 2.2 billion euros and can create 20,000 jobs by 2030. The local cloud region (built around a cluster of data centers) will provide storage and cloud services to Google’s customers, helping them make better use of data, reduce response time, and increase protection against cybersecurity risks.
Under the leadership of Kyriakos Mitotakis, the local government is reportedly trying to diversify the economy and attract foreign capital and big tech companies to the country.
Two years earlier, Microsoft also decided to build a data center hub in Greece, but last year Amazon’s cloud division also opened an office there.