📺 Stream EntrepreneurTV for Free 📺

Apple to Spend $1.9 Billion on New European Data Centers The facilities are expected to be entirely powered by renewable energy and create hundreds of jobs.

By Reuters

entrepreneur daily

This story originally appeared on Reuters

Reuters | Dado Ruvic

Apple Inc said it would spend 1.7 billion euros ($1.9 billion) to build two data centers in Europe that would be entirely powered by renewable energy and create hundreds of jobs.

The company said the centers, in Ireland and Denmark, will power Apple's online services, including the iTunes Store, App Store, iMessage, Maps and Siri for customers across Europe.

The investment is set to be evenly divided between the two countries, with the Irish government confirming that 850 million euros would be spent in Ireland. The two data centers are expected to begin operations in 2017.

"This significant new investment represents Apple's biggest project in Europe to date," Apple CEO Tim Cook said in a statement.

"We're thrilled to be expanding our operations, creating hundreds of local jobs and introducing some of our most advanced green building designs yet," he added.

The data center in Ireland will be located in Athenry, close to Galway on the west coast while in Denmark, it will be in Viborg, western Denmark.

In a sign of how important Apple's investment in Denmark was, the country's trade and development minister issued a statement mirroring that of the iPhone maker's, adding the two data centers would be among the largest in the world.

Ireland's government also reacted to the announcement, saying 300 jobs would be added in the county of Galway during the multiple phases of the project, a boost as it seeks to cut the unemployment rate below 10 percent this year.

"As the Government works to secure recovery and see it spread to every part of the country, today's announcement is another extremely positive step in the right direction," Irish Prime Minister Enda Kenny said in a statement.

(Reporting by Supriya Kurane in Bengaluru, Sabina Zawadzki in Copenhagen and Padraic Halpin in Dublin; Editing by Ted Kerr and Keith Weir)

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Starting a Business

Most People Have No Business Starting a Business. Here's What to Consider Before You Become an Entrepreneur

You need to find the right business opportunity at the right time and take the right steps to beat the odds.

Leadership

AI vs. Humanity — Why Humans Will Always Win in Content Creation

With the proliferation and integration of AI across organizations and business units, PR and marketing professionals may be tempted to lean into this new technology more than recommended.

Business News

Passengers Are Now Entitled to a Full Cash Refund for Canceled Flights, 'Significant' Delays

The U.S. Department of Transportation announced new rules for commercial passengers on Wednesday.

Growing a Business

Who You Hire Matters — Here's How to Form a Team That's Built to Last

Among the many challenges related to managing a small business, hiring a quality team of employees is one of the most important. Check out this list of tips and best practices to find the best people for your business.

Franchise

Franchising Is Not For Everyone. Explore These Lucrative Alternatives to Expand Your Business.

Not every business can be franchised, nor should it. While franchising can be the right growth vehicle for someone with an established brand and proven concept that's ripe for growth, there are other options available for business owners.

Management

7 Ways You Can Use AI to 10x Your Leadership Skills

While technology can boost individual efficiency and effectiveness, it's essential to balance their use with human intuition and creativity to avoid losing personal connection and to optimize workplace satisfaction.