TIM and Google Cloud on Wednesday announced that they have agreed to work together to build innovative Public, Private and Hybrid Cloud services for TIM’s expanding technology services portfolio.
As a result of this collaboration, TIM intends to extend its leadership in Cloud and Edge Computing services. TIM aims to boost the growth of its revenues from technology services, with the objective of reaching 1 billion euros in revenues and 0.4 billion euros in EBITDA by 2024.
Under the new agreements, the two companies will implement joint go-to-market initiatives to help Italian companies of all sizes, from all industries, to take advantage of the benefits of cloud technologies faster. For example, Public Sector and Government Services organizations will be able to leverage TIM as their cloud infrastructure and services provider, benefitting from local data controls, and support from TIM as their preferred go-to partner for any professional services.
To accelerate new product development for customers, TIM and Google Cloud engineers will work closely together to create highly innovative cloud solutions for the Italian market.
And as part of a continued commitment to Italy, Google Cloud will partner with TIM to open new cloud regions in Italy. With these new regions, Google Cloud and TIM customers operating in Italy will benefit from low latency and high performance of their cloud-based workloads and data.
Luihi Gubitosi, CEO, TIM
This strategic partnership with Google places TIM among the Italian key players in Cloud and Edge computing, two markets that will become more and more central with the deployment of 5G technology and Artificial Intelligence.
Thomas Kurian, CEO, Google Cloud
We are proud to collaborate with TIM to be able to help customers in Italy accelerate their digital transformation journeys.
