Xinhua
09 Jul 2020, 18:48 GMT+10
ROME, July 9 (Xinhua) -- U.S. tech giant Google announced Thursday it is investing more than 900 million U.S. dollars over five years to speed up Italy's digital transformation in the wake of the coronavirus pandemic.
The investment project called "Italia in Digitale" (Digital Italy) includes the launch of two Google Cloud regions in partnership with Italian telecoms company Telecom Italia Mobile (TIM), as well as a new initiative for Italian small- and medium-sized enterprises (SMEs).
"Google is proud to be a partner in Italy's economic recovery. We're investing more than 900 million dollars over 5 years to help transform Italian businesses large and small, including the launch of two Google Cloud regions in partnership with TIM," Google CEO Sundar Pichai tweeted Thursday.
The idea is to accelerate Italy's economic recovery after the coronavirus pandemic by offering tools, training, and partnerships to support businesses and job seekers.
"Google is now committed to help more than 700,000 Italian and individuals digitize, aiming to bring the total number to more than one million by the end of 2021," the U.S. tech giant said in a statement.
"Google has been committed in Italy for many years, imparting the digital skills people need in order to find a job or grow their business," Google Italy Managing Director Fabio Vaccarono said in a statement.
"If these skills were important before the pandemic, now they have become all the more necessary: digitalization is a fundamental element to overcome the present challenges," Vaccarono said.
"The crisis has accelerated our use of technology: now technology can help us leave the crisis behind," the Italian Google executive concluded.
Digitalization is one of the key elements of Italian Prime Minister Giuseppe Conte's post-pandemic Recovery Plan, along with tax and justice reform, cutting red tape, transitioning to sustainable energy, and building a high-speed train network linking the south of Italy to the rest of the country.
Get a daily dose of Beijing Bulletin news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Beijing Bulletin.
More InformationWASHINGTON, D.C.: On Friday, President Donald Trump announced that he was halting trade discussions with Canada due to its decision...
FRANKFURT, Germany: Germany has become the latest country to challenge Chinese AI firm DeepSeek over its data practices, as pressure...
SAN FRANCISCO, California: Under pressure from European regulators, Apple has revamped its App Store policies in the EU, introducing...
SAN FRANCISCO, California: A U.S. judge has dismissed a copyright lawsuit filed by 13 authors against Meta Platforms, the company that...
The US president still said that the tech billionaires attacks on him and his big, beautiful bill were not appropriate Donald Trump...
BEIJING, June 30 (Xinhua) -- In a workshop in the southwestern Chinese city of Chengdu, rows of fermentation tanks are filled with...
NEW YORK, New York - U.S. stock markets closed firmly in positive territory to start the week Monday, with the S&P 500 and Dow Jones...
WASHINGTON, D.C.: On Friday, President Donald Trump announced that he was halting trade discussions with Canada due to its decision...
LONDON, U.K.: A little-known investment fund based in the United Arab Emirates has emerged as the most prominent public backer of U.S....
SAN FRANCISCO, California: Across the U.S., a growing number of people are taking obesity treatment into their own hands — literally....
SAN FRANCISCO, California: Under pressure from European regulators, Apple has revamped its App Store policies in the EU, introducing...
NEW YORK CITY, New York: The U.S. dollar tumbled this week, hitting its lowest levels since 2021 against the euro, British pound, and...