State lender CDP could tie-up with TIM, Leonardo for Italian cloud project: Sources

MILAN: Italian state lender Cassa Depositi e Prestiti (CDP) is considering an alliance with Telecom Italia and defence group Leonardo in the race to create a national cloud hub, three sources familiar with the matter said.

Part of EU-funded projects to help Italy’s economy recover from the pandemic, the national cloud hub is aimed at upgrading the country’s digital infrastructure.

Innovation Minister Vittorio Colao, a former head of telecom giant Vodafone, has said he wants to ensure data is safely hosted, as most of the country’s data facilities fall short of security standards.