The Nordics is well known for its vibrant startup community and highly innovative business climate. Last year, a new Amazon Web Services (AWS) was launched in various regions, namely in Canada, India, Korea, the UK (London), and the United States (Ohio), and the data service giant will launch more data centers in France (Paris) and China (Ningxia).
Today Amazon’s cloud computing arm, Amazon Web Services (AWS), has announced its first Nordic data centers, with plans to open in three locations in Sweden in 2018. Prior to this, in 2014, it opened an office in Stockholm, and a year later, it opened an office in Espoo, Finland.
The new region will give AWS partners and customers in Denmark, Finland, Iceland, Norway, and Sweden low-latency connectivity and the ability to run their workloads and store their data close to home, thereby enjoying reduced cost.
This announcement has been welcomed by Sweden’s Innovation and Enterprise Minister, Mikael Damberg. Mr. Damberg said, “I am very happy to welcome AWS to Sweden. Their decision to establish a new region in our country is a recognition of Sweden’s competitive position within the European Union (EU), with the highest levels of renewable energy, in the power grid, in the EU, as well as a world-leading digital infrastructure and IT industry. Not only this, but it will this it also strengthen the Sweden’s position in the global digital shift.”
AWS has emerged as one of Amazon’s most advantageous business arms, with more than $10 billion in annual revenue. According to reports, AWS has maintained a 40% share of the cloud market, thereby giving good competition to their top three competitors, namely Microsoft, Google, and IBM. Google and IBM are growing their market, but they still represent only 23% of the cloud market combined.