TIM, Google Cloud Sign MoU to Build Cloud Data Centers for Leading Italian Banking Group
Leading Italian banking group Intesa Sanpaolo has signed an agreement with TIM and Google to leverage cloud services from Google, using TIM’s Data Centers in Italy that ensure the highest international security and data protection standards.
The ambitious project includes building innovative technology infrastructure in Turin, to provide Google Cloud services. It also entails the opening of an important center dedicated to artificial intelligence, training and professional support for startups through initiatives to be defined jointly by Intesa Sanpaolo, TIM and Google Cloud.
Another Cloud Region will also be built in Milan to ensure business continuity. Both of the new Cloud Regions will be built according to the latest environmental sustainability best practices, in compliance with Intesa Sanpaolo Group sustainability guidelines, including carbon neutrality.
Upon final agreement between the Parties on all terms and conditions of the contract, and after obtaining the necessary clearance from Authorities, the project will enable Intesa Sanpaolo to deploy the latest technologies tailored to its own needs.
Google Cloud services in the Cloud Regions will be available to Italian businesses of all sizes that want to benefit from the technological and economic benefits of cloud computing in a secure and sustainable way.
Carlo D’Asaro Biondo, EVP, TIM Cloud Project
This is a significant achievement which lays the foundation for a long-term partnership to create a cutting-edge infrastructure, the Cloud.
Fabio Fregi, Head of Google Cloud Italy
Google has decided to open two Cloud Regions in Italy to support Italian companies in their digitization and definition of future growth opportunities.