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Google Cloud & # 039; annual revenue up to $ 8 billion

Google Cloud & # 039; annual revenue up to $ 8 billion

Recently GoogleCEO, who made important remarks about Google's cloud unit Sundar Pichai, Google Cloud annual $ 8 billion above the earning rate (Annual run rate). Let us add that the rate of revenue, ie ARR, is a measure of how much revenue Google Cloud will generate next year. Of course this rate Google Cloudis calculated by assuming that everything will remain exactly the same next year.

Google's cloud unit, Amazon Web ServicesGoogle Cloud platform and Microsoft Office's rival G Suite. Google In February 2018, Google Cloud's ARR per quarter $ 1 billion, ie $ 4 billion annually levels. In short, Google Cloud's ARR has doubled in a year.

Google Cloud has been working in Oracle about 7 months ago Thomas Kurian It is managed by. Previously announced that Google Cloud will expand the sales team Thomas Kurian, sales teams in the coming years will also triple shared.

CFO of Alphabet, Google's roofing company, who made a statement on the subject. Ruth PoratGoogle Cloud is the company's 3rd largest source of revenue, he said. When we look at cloud technologies, we see that Amazon is the market leader. The second is Microsoft. Currently ranked third, Google aims to generate more revenue from the growing Google Cloud platform.

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