Germany to Unveil European Cloud to Rival Amazon, Alibaba
- Project Gaia-X spearheaded by Economy Minister Peter Altmaier
- Service meant to help companies in region with data access
Photographer: Dean Mouhtaropoulos/Getty Images
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German Chancellor Angela Merkel’s government is about to unveil plans for a cloud service to allow European companies to avoid storing data with U.S. or Asian rivals such as Amazon.com Inc. or Alibaba Group Holding Ltd.
Economy Minister Peter Altmaier will reveal the service -- named Gaia-X after a Greek goddess symbolizing Earth -- at a tech conference Tuesday in Dortmund, Germany. He has worked on the project with officials from companies including SAP SE, Deutsche Telekom AG and Deutsche Bank AG, according to a strategy paper by the Economy Ministry obtained by Bloomberg News.