Amazon’s $13b Aussie investment plan revealed

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AWS will spend $13.2 billion on its East Coast data centre infrastructure over the next five years to keep pace with customer demand.

Amazon Web Services has revealed plans to invest $13.2 billion on Australian data centres to fuel its cloud computing business over the next five years, in a scheme it claims will create 11,000 jobs in construction, facility maintenance, engineering and telecommunications.

Iain Rouse, who sits on the AWS Australia board and is the country leader for its public sector business, toldthe cloud company was growing 20 per cent year-on-year “off a large base”. The figures are contained in the AWS Economic Impact Study, released on Tuesday to coincide with the company’s annual customer summit in Sydney.In a recent memo to employees, announcing a further round of job cuts, Amazon chief executive Andy Jassy said the business was becoming “leaner ... in a way that enables us to still invest robustly in the key long-term customer experiences”.– mostly in AWS, advertising and Twitch – following cuts in January that totalled 18,000 job losses.

in 2021 with 32.2 per cent market share, followed by Microsoft , Google , IBM and Alibaba . The updated figures for 2022 are expected to be published in the coming weeks.The bulk of the new investment is allocated to the Sydney region, which will receive $11 billion by 2027.

 

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