Google Cloud and Telecom Italia (TIM) have signed a Memorandum of Understanding with Italian banking group Intesa Sanpaolo to help it digitalise services and improve security and data protection standards.
To provide the group with Google Cloud services, the “ambitious project” will see the creation of two carbon neutral Google Cloud Regions in Turin and Milan using TIM Data Centers, with another Cloud Region built in Milan (pictured) to ensure business continuity.
Fabio Fregi, head of Google Cloud Italy, commented: “Google has decided to open two Cloud Regions in Italy to support Italian companies in their digitisation and definition of future growth opportunities. We are pleased with this Memorandum of Understanding, which shows that we can be strategic partners for leaders in the financial and telecommunications sectors”.
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According to the bank, the MoU will also see “the opening of an important centre dedicated to artificial intelligence, training and professional support for start-ups through initiatives to be defined jointly by Intesa Sanpaolo, TIM and Google Cloud.”
Carlo D’Asaro Biondo, executive vice president TIM – cloud project, said: “This is a significant achievement which lays the foundation for a long-term partnership to create a cutting-edge infrastructure, the cloud.
“This technology represents a new sector with enormous potential in developing digital services for businesses and working with Intesa Sanpaolo will bring benefits both to the bank, the territories on which the agreement will develop and to the whole country. We are also convinced that putting expertise and technologies together, especially at such a difficult time as the present, is the right approach to emerge stronger from this phase”.
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Source: Data Economy