Google's Cloud growth is central to its pandemic strategy - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

By growing its cloud revenue, Google can emerge from the pandemic as a more resilient, diversified company

during the company's Q1 2020 earnings call that advertising results tend to be highly correlated with macroeconomic performance, reflected in "an abrupt decline" in March advertising revenue after strong results in January and February. By contrast, Google Cloud revenue was resilient, with a strong March performance helping drive Google will take an aggressive approach to grow its long-term cloud opportunities, even as it slows investment across core areas of the business.

Google announced that it would make Google Meet — part of its G Suite cloud productivity platform — available for free, with no time limit. The company has introduced

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Here:

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Worsening economic conditions could mean Google Cloud has more acquisition opportunities - Business InsiderThe coronavirus allows Google Cloud to double down on its acquisition strategy as late-stage startups are vulnerable to worsening economic conditions.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Microsoft blames supply chain constraints for cloud capacity issues - Business InsiderMicrosoft has struggled at times to keep up with the huge demand for its cloud services, as people work from home more. Coronavirus 🦠 not only infects humans and animals, but computer 💻 networks as well. Sweet. Microsoft was never able to deal with viruses well
Source: BusinessInsider - 🏆 729. / 51 Read more »

Google reveals plans to cut costs in the coming months - Business InsiderGoogle has reported sluggish revenue growth due to the effects of the pandemic. Here's how it plans to cut costs this year. SAI With a quarter billion bonus for the CEO of Alphabet? I think they are hypocrites. Cut some of the bonus and keep the employees. It is common sense I guess...
Source: BusinessInsider - 🏆 729. / 51 Read more »

Google kills experimental social network Shoelace less than a year after launch - Business InsiderGoogle is killing its experimental social network Shoelace less than a year after it launched because of the coronavirus Shoelace had coronavirus ? 😕 We are capable of making friends ourselves. Just walk up to anyone and say hello.
Source: BusinessInsider - 🏆 729. / 51 Read more »

How Google got too big to shrink - Business InsiderThis week in Trending we take a look at Google's efforts to cut costs amid the economic slowdown, and we reveal the results of BI's first VC panel.
Source: BusinessInsider - 🏆 729. / 51 Read more »