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It's been a while since Google last shared fundamental financial data on its cloud business. Google CEO Sundar Pichai, who recently installed former Oracle executive Thomas Kurian to head Google Cloud, today announced that the business unit's revenue is now $ 8 billion. . This is up from $ 4 billion reported by the company in early 2018.
While Google often felt like a cloud warrior, it is clearly starting to gain ground. "Other cloud providers would have you believe that no one is using Google, which is not true," Kurian told me when I spoke to him earlier this year. Now he can put some numbers behind this statement.
To put this in perspective, the AWS run rate exceeded $ 30 billion last quarter, while Microsoft Azure is around $ 11 billion, although it is difficult to get concrete numbers.
"The second quarter was another strong quarter for Google Cloud, which has achieved annual revenue growth of more than $ 8 billion and continues to grow at a steady pace," said Pichai. "Customers choose Google Cloud for a variety of reasons: reliability and availability are essential. Retailers like Lowes use the cloud as one of the important tools to transform their customer experience and supply chain. "
Pichai also pointed out that customers are looking for the flexibility to move to the cloud in their own way, something that some of Google's competitors – and in particular Microsoft – have focused on before Google reaches this stage. With Anthos and other initiatives, the company is catching up.
Unsurprisingly, Pichai also highlighted Google's role in promoting artificial intelligence at a time when companies are beginning to wonder how to use this technology.
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