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Google CEO Sundar Pichai said the company's cloud business would generate $ 8 billion in annual revenue and the company plans to double revenues for the division three times in the next few years. years.
Sundar Pichai said at the meeting, at which the company unveiled its financial results for the second quarter of this year on Thursday night, that Google's cloud division is the main driver of growth for its parent company, Alphabet. Google, led by Thomas Kurian, who has been running Google's cloud division for the past seven months, continues to attract new talent to continue to compete with Amazon and Microsoft. Mr. Thomas Kurian promised earlier this year to significantly increase his sales force.
Amazon.com, the world's leading provider of cloud computing infrastructure, grew by 37 percent in the second quarter of this year, to US $ 8.38 billion, which means that revenue from cloud infrastructure Amazon are superior to Google's revenue. About four times.
Microsoft, which ranked second on the list last week, said Microsoft's Azure revenue rose 64 percent to $ 4.1 billion in the second quarter. This suggests that Microsoft Azure revenue is nearly double that of Google Cloud.
The company said Tuesday that its "other" revenues, including the cloud, amounted to $ 6.18 billion, up from $ 4.43 billion a year ago. Thomas Kurian, responsible for the development of Google's cloud division, has made some acquisitions, including that of Looker Analytics.
According to Ms Ruth Porat, the company's chief financial officer, the activity in the cloud boosted Alpha's total earnings in the second quarter of this year. Shares of Alphabet rose more than 9% Thursday after the company had a turnover of 38.94 billion dollars, exceeding the expected 38.15 billion dollars.
The Google Cloud report generated $ 8 billion in revenue annually and we plan to increase sales three times today. We hope to have provided you with all the necessary details and information. .
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