3 Ways Google Will Grow Its Cloud Business
#Alphabet’s (NASDAQ: GOOG) (NASDAQ: GOOGL) @Google is an underdog in the #cloud platform market, which is mostly dominated by @Amazon (NASDAQ: #AMZN) and @Microsoft (NASDAQ: #MSFT). Earlier this year, Google revealed that its entire cloud business was generating over $1 billion in revenue per quarter.
That figure sounds impressive, but it’s dwarfed by Amazon and @Microsoft’s cloud revenues. @AWS (Amazon Web Services), which doesn’t offer productivity software like Google’s G Suite, generated $6.1 billion in revenue during Amazon’s most recent quarter. Microsoft, which owns cloud services like #Office365, #DynamicsCRM, and #Azure, generated $6.9 billion in commercial cloud revenue last quarter.
