Italian banking group Intesa Sanpaolo has signed a memorandum of understanding (MoU) with Google Cloud and TIM to create two cloud-based infrastructure projects.

The projects include building one technology infrastructure in Turin to provide Google Cloud services, and another in Milan to ensure business continuity.

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The Google Cloud services will be available to Italian businesses of all sizes that want to benefit from cloud computing in a secure and sustainable way.

Google Cloud Italy head Fabio Fregi said: “Google has decided to open two Cloud Regions in Italy to support Italian companies in their digitization and definition of future growth opportunities.”

These projects will be developed through TIM’s data centres in the country to ensure the highest international security and data protection standards.

These data centres will be dedicated to provide artificial intelligence (AI), training and professional support for startups.

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TIM cloud project EVP Carlo Biondo said: “This is a significant achievement which lays the foundation for a long-term partnership to create a cutting-edge infrastructure, the Cloud.

“This technology represents a new sector with enormous potential in developing digital services for businesses.”

Through these projects, Intesa Sanpaolo is expected to deploy the latest technologies tailored to its business needs.

Intesa Sanpaolo IT, digital & innovation chief Massimo Proverbio said: “The strong partnership with TIM and Google will enable us to continue in spreading the Group’s digital culture with even greater momentum.

“With the creation of two Cloud Regions based on the most modern technologies, we will be able to enhance our resources and grow those of tomorrow.”