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Monaco Cloud, a Platform for the Creation of New Digital Services

The Principality is currently the only European country to have its own state sovereign cloud, the aim
of which is to become a source of competitiveness and attraction for the Monaco of tomorrow.

It was alongside Prince Albert II that the “magic indicates that the capacity of a computer latest-generation components that are more

wand” was waved on 30 September 2021 and chip doubles every 18 months, imagine the energy-efficient and a recycling policy adapted

the Principality is henceforth the first country potential power in 30 years. It is clear that to environmental constraints; but also on data
in Europe with its own sovereign cloud. “There there will be functions that we cannot even centres supplied with 100%-green electricity
has been a lot of talk but very little action, with imagine today,” believes the Monaco Cloud CEO. and equipped with the latest technologies to
European initiatives launched but which are still With technical partners such as Dell, mWare optimise server cooling.” With the cloud, the
at the ideas stage or even embryonic,” indicates and Amazon Web Services (AWS , all leaders clients’ energy consumption, hitherto using

the CEO of Monaco Cloud, Pierre Puchois, for worldwide in their fields, the Monaco sovereign servers located within companies, would be

whom the cloud is “a sort of revolution” and “a real cloud’s vocation is to serve as a platform for reduced. «Amazon puts forward the figure of
development accelerator for digital ecosystems.” the development and creation of new digital 51% energy savings,» confides Frédéric Genta.

services for the Principality, particularly related
But how can he be so sure? “In the past, for its to the Smart City, e-healthcare, e-learning and Back-up at Monaco's e-embassy in
IT needs, a business would need air conditioned e-government. “Our sovereign cloud will be a Luxembourg
technical premises, servers, networks, fi bre source of competitiveness and attraction for Sovereignty dictates: the data of the
optics and trained, sometimes costly, experts, our Principality, thus creating value for the Monégasque sovereign cloud remains stored
whereas now a company can use combined IT economy. Monaco Cloud is a strategic asset on Monégasque soil; but for (cyber security
resources in one simple click. This is a profound for the Principality in the post-Covid world,” reasons and in order to take into account the
change to usage, opening up undreamed-of assesses Frédéric Genta, Monaco’s Chief Digital risks of earthquakes or fi res, which could
horizons in terms of development. Everything Transition Officer. lead to the partial or total loss of data and

becomes simpler for the client – there is still the interruption of public services, a back-up
complexity but it is now transferred to the Zero carbon by 2025? in a data centre was needed, located more
cloud operator,” explains the CEO, who has 25 Pierre Puchois believes that the challenge of than 120 kilometres away. This is why an
years’ experience working in tech companies. tomorrow is still to use the greenest cloud agreement was signed with the State of
possible. “Our objectives are ambitious, since uxembourg to set up secure data hosting,
The sovereign cloud is 100%-Monaco-owned, we are aiming for carbon neutrality from the giving full guarantees of immunity. The
the state being the major shareholder, along outset and zero carbon by 2025.” In order to premises of this e-embassy, an extraterritorial
with industrial partners like Monaco Digital achieve this, the CEO is relying on “a pooling digital twin, as well as the hosted data are
and Monaco Telecom and allows both public of resources which concentrates equipment “impregnable”.
and private sector data to be stored within in one place, facilitating energy efficiency,
the Principality, under Monaco law. This is
an innovation which could attract investors
seduced by this technology’s potential:
improved speed, better stability, security and
data transparency, assured by the Monaco
Cyber Security Agency.

Pierre Puchois has Monaco Cloud’s future
mapped out: “We intend to increase turnover
quickly, moving from 2 million next year to
€25 million by 2026. This is ambitious but we
are ready to meet the challenge. The aim is
simple: to reverse the public-to-private ratio
over the next fi ve years. We will move from
60:40 to 20:80, with the private sector becoming
dominant shareholders.”

Between now and 2050? “In tech, we are
dealing with extremely short cycles, so it
is difficult to look so far ahead. Moore’s © Monaco Cloud
Law, though many are questioning its truth,

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