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Microsoft to invest $1.5 billion in Italian cloud business

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Microsoft Corp. said on Friday it would create its first datacentre region in Italy under a $1.5 billion investment plan as the U.S. company expands its cloud computing services to more locations across the world.

Microsoft’s rival Amazon Web Services last week opened a datacentre region in Milan, while in March Google’s Inc sealed a partnership with former phone monopoly Telecom Italia to expand cloud business operations in Italy.

Jean-Philippe Courtois, Microsoft’s head of global sales, marketing and operations, said the company saw enormous potential to accelerate innovation through cloud services. In February, Microsoft announced plans to open a new datacentre region in Spain and earlier this week the company said it would invest $1 billion in Poland as part of plans to open a data centre to provide cloud services to businesses and institutions.

 

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