Google plans to break out Google Cloud as a separate reporting segment - Business Insider

Google CEO Sundar Pichai announced Thursday that starting next quarter, the company will break out Google Cloud as a separate reporting segment in its earnings reports.

This shows that Google sees a major opportunity in its cloud business to drive growth for the company overall. Google CEO Sundar Pichai announced Thursday that the company will make this change starting with the fourth quarter of this year, saying he was working with Google CFO Ruth Porat and Google Cloud CEO Thomas Kurian to "make investment decisions to drive progress."

Google Cloud has helped the company drive overall growth this year. Google reported Thursday that Google Cloud generated $3.4 billion in revenue in the most recent quarter – a 45% increase from this time last year.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Apple's quiet move to build a search engine isn't about Google. It's all about Siri. - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. JasonAten Would you use iAppleSearchPro at just $68.95 JasonAten Or about getting money from ads...
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »