Thursday 19 November 2015

Urs Holzle, Google's 8th employee and tech guru, thinks the cloud could make more money than ads

Urs Holzle, Google's eighth employee and overall cloud boss, thinks that within the next five years, the company's Google Cloud Platform revenues could surpass Google's advertising revenue in five years.
"The goal is for us to talk about Google as a cloud company by 2020," Holzle said on stage at today's Structure conference in San Francisco.

Google Cloud Platform is generally thought to be lagging Amazon Web Services and Microsoft Azure, the leading players in the exploding cloud computing market, mostly because it's struggled to forge relationships with the major enterprise customers it needs to turn it into revenue.

But today, on stage at the Structure conference in San Francisco, Holzle said that while "we're clearly coming from behind," he defended Google's place in the cloud computing market, and said that there's only room to get bigger.

"Our cloud growth rate is probably industry-leading...and we have lots of enterprise customers, happy enterprise customers," Holzle said.

He says that the cloud game is a little bit like the rise of the smartphone: The iPhone was first in 2007, basically creating the demand for smartphones. But despite a later start, Android has become the single most popular operating system in the world.

Read More : http://www.businessinsider.in/Urs-Holzle-Googles-8th-employee-and-tech-guru-thinks-the-cloud-could-make-more-money-than-ads/articleshow/49838765.cms

No comments:

Post a Comment