The Principality is becoming the first European country to set up a sovereign cloud. Monaco Cloud will be operational in 2021.
In 2021, the Principality will add an additional element to Extended Monaco, its digital transition programme. “Monaco will be the first country in Europe to launch its own sovereign cloud,” announced Prince Albert II of Monaco in September 2020. Monaco Cloud’s shareholders are 100% Monegasque – the State holds the majority stake – and will thus enable government data and that of private businesses to be stored in the Principality, under Monegasque law.