Google Cloud Region: Lifting Productivity in the Israeli Economy

Google Cloud Region: Lifting Productivity in the Israeli Economy

The adoption of new technologies such as cloud can lead to increased efficiency and higher productivity, as they eliminate the need for users to own or operate physical data centres and servers by themselves.

The adoption of cloud services by businesses and the public sector will enable cost savings, risk mitigation and support greater scalability, thus lifting productivity and supporting job creation. Google’s cloud services could also support broader benefits, including facilitating more efficient delivery of public services, addressing challenges around sustainability, and supporting small business growth.

In a recent study commissioned by Google, AlphaBeta (part of Access Partnership) estimated the productivity gains to the economy arising from establishing a Google Cloud Region in Israel. Key messages from the study include:

  • The Google Cloud Region in Israel is estimated to contribute a cumulative USD7.6 billion to Israel’s GDP between 2022 and 2030, and support the creation of 21,200 jobs in 2030 alone.
  • Increased investment in cloud technologies by the public sector between 2022 and 2030 is estimated to have an effect equivalent to higher public health spending of around USD1.3 billion annually.

English: Google Cloud Region – Lifting Productivity in the Israeli Economy

Hebrew: (HEB) Google Cloud Region – Lifting Productivity in the Israeli Economy

Related Articles

Access Alert: Singapore launches new national AI strategy and regional LLM project

Access Alert: Singapore launches new national AI strategy and regional LLM project

The government of Singapore recently rolled out its updated national AI strategy, outlining 15 courses of action to implement over...

7 Dec 2023 Opinion
Saudi Arabia’s Race to AI Dominance with Dr. Mejdal Alqahtani – NextGen Tech

Saudi Arabia’s Race to AI Dominance with Dr. Mejdal Alqahtani – NextGen Tech

In this episode of NextGen Tech podcast, Access Partnership’s Rati Kvantaliani and Dr. Mejdal Alqahtani delve into the kingdom’s heavy...

6 Dec 2023 Opinion
Access Alert: European Institutions reach trilogue agreement on Cyber Resilience Act

Access Alert: European Institutions reach trilogue agreement on Cyber Resilience Act

Co-legislators in the EU institutions reached a trilogue agreement on the proposal for a Cyber Resilience Act following a late-night...

4 Dec 2023 Opinion
Access Partnership at the Global Conference on Cyber Capacity Building

Access Partnership at the Global Conference on Cyber Capacity Building

Access Partnership actively participated in the inaugural Global Conference on Cyber Capacity Building (GC3B) held in Accra, Ghana, last week,...

4 Dec 2023 Opinion