JERUSALEM: In a step that is anticipated to increase employment and economic growth, Alphabet’s Google on Thursday launched a local cloud region for Israel, providing cloud services to the nation’s government and military.
In May 2021, Israel and Google agreed to collaborate on the more than $1 billion, four-phase “Nimbus” project. According to a statement released by Israel’s Finance Ministry on Thursday, the initiative will include billions of shekels in investments in regional infrastructure.
According to the government, the creation of Google’s Israeli cloud area alone is anticipated to have an economic impact of $7.6 billion by 2030 and create more than 21,000 new high-tech employment.According to the government, AWS is also anticipated to activate a cloud region in the first half of 2023.
The local cloud zones in Israel will make it possible to move important government computer systems there, which will improve the effectiveness of government services, reduce the time it takes to activate digital services, and save operational expenses.As part of the agreement, Google and Amazon agreed to make complementary acquisitions and start industrial collaboration in Israel totaling 20% of the contract’s value.