Google Cloud revenue grow sharply

Most companies in media and entertainment use Google Cloud. So do top companies in telecommunications, retail and software that makes Google Cloud top choice. Also most of top companies in financial services and automotive manufacturing use Google Cloud. As result of all of this revenue for Google Cloud jumped 45% in the third quarter of 2020.

Google Cloud’s revenue increased to $3.44 billion, compared to $2.38 billion in the same quarter last year and just more than $3 billion in the second quarter. The company plans to invest in Google Cloud’s sales, engineering organizations, and more to support sustainable growth.

Speaking to “Business Insider”, Google CEO Sundar Pichai said three trends have driven momentum for Google Cloud. There’s increasing need for data analytics and artificial intelligence, customers are moving to the cloud to lower IT costs, and customers are looking for software to help them collaborate remotely.

What is Google Cloud Platform?

Google Cloud Platform (GCP), offered by Google, is a suite of cloud computing services that runs on the same infrastructure that Google uses internally for its end-user products, such as Google Search, Gmail, file storage, and YouTube. Alongside a set of management tools, it provides a series of modular cloud services including computing, data storage, data analytics and machine learning.

Registration requires a credit card or bank account details. Google Cloud Platform provides infrastructure as a service, platform as a service, and server less computing environments.

In April 2008, Google announced App Engine, a platform for developing and hosting web applications in Google-managed data centers, which was the first cloud computing service from the company. The service became generally available in November 2011. Since the announcement of the App Engine, Google added multiple cloud services to the platform.

Google Cloud Platform is a part of Google Cloud, which includes the Google Cloud Platform public cloud infrastructure, as well as Google Workspace (formerly G Suite), enterprise versions of Android and Chrome OS, and application programming interfaces (APIs) for machine learning and enterprise mapping services.

Categorized as Cloud