Intesa Sanpaolo, innovation: Memorandum of Understanding with Tim and Google



Intesa Sanpaolo, Tim and Google sign a Memorandum of Understanding for the digitalization of banks and the innovation of the country system.

Intesa Sanpaolo has signed with TIM is Google a Memorandum of Understanding which marks the start of negotiations for the realization of an important project aimed at providing Google’s cloud services to Intesa Sanpaolo, on TIM’s Italian Data Centers which will meet the highest international standards of safety is confidentiality of informationthe.

The ambitious project involves opening in Turin of an innovative technological infrastructure for the provision of the services of Google Cloud, as well as the opening of an important center dedicated to artificial intelligence, training and professional support of start-ups through initiatives to be defined together between Intesa Sanpaolo, TIM and Google Cloud.

The construction of another Google Cloud Region in Milan to ensure business continuity. Both Cloud Regions will be built according to the most recent best practices of environmental sustainability and they will be neutral carbonl, in compliance with the guidelines of the Intesa Sanpaolo Group.

Once the agreement between the Parties on all the terms and conditions of the contract has been reached, and the necessary clearing has been obtained from the competent Authorities, the project will allow Intesa Sanpaolo to use the most modern technologies tailored to your needs.

The services of Google Cloud in the Cloud Regions they will be at the service of the country and Italian companies of all sizes who want to take advantage of the technological and economic advantages of cloud computing in a safe and sustainable way, making a decisive contribution to the acceleration of the digitalisation of the Italian system even more necessary in light of theCovid-19 emergency.

Massimo Proverbio, Chief IT, Digital & Innovation Officer of Intesa Sanpaolo: “The Memorandum of Understanding signed today aims to transform Intesa Sanpaolo in a IT Digital Company able to provide families and businesses with highly innovative services, based on ease of use and speed of execution. The strong partnership with TIM is Google it will also allow us to continue with further impetus in spreading the Group’s digital culture. With the creation of two Region Clouds based on the most modern technologies, we will be able to enhance our resources and grow tomorrow’s resources, also thanks to the support of the Turin Polytechnic, to achieve important goals in cloud technology and artificial intelligence“.

Carlo D’Asaro Biondo, TIM Executive Vice President – Cloud Project: “We are very happy that Intesa Sanpaolo have chosen TIM is Google for this strategic project not only for the Bank but also for the country. This is an important agreement, which lays the foundations for a long-lasting partnership for the creation of a cutting-edge infrastructure, the Cloud. This technology represents a new sector with very high potential for the development of digital business services and working with Intesa Sanpaolo will bring benefits to the bank, to the territories on which the agreement will develop and to the whole country. We believe that putting skills and technologies together, especially in a delicate moment like the current one, is the right approach to get out stronger from the phase we are experiencing“.

Fabio Fregi, Head of Google Cloud Italy: “Google has decided to open two Cloud region in Italy to support Italian companies in their digitalization and in the definition of future growth opportunities. We are happy with this Memorandum of Understanding which demonstrates how we can be strategic partners of the main players in the financial and telecommunications sector“.

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