Google's New Cloud-Computing Head Vows Aggressive Year To Beat Rivals Amazon and Microsoft
Google's newly appointed Cloud CEO, Thomas Kurian, recently announced that he will be taking a more aggressive approach to help the company tackle its biggest competitors. According to Kurian's announcements at the recently held Goldman Sachs Technology and Internet Conference in San Francisco, his team will be pushing the envelope moving forward to fast track their growth. He also revealed that Google has so far quadrupled its sales and distributions efforts.
To achieve this goal, Kurian revealed that they will be heavily investing in its sales efforts for its cloud business. Their team is apparently planning to recruit the best people in the industry to help them achieve their sales goals. Google's cloud platform business is directly competing with similar products currently being offered by Amazon and Microsoft. Although, there is still a long way to go before Google can overtake the current market leaders.
Google named Kurian as the new Google Cloud head in November. He is directly replacing Diane Greene as the department's head. Before he was appointed to the position, Kurian was the president of product development at Oracle. He previously oversaw a 35,000-person team that worked across 32 countries worldwide. Kurian's current position puts him in charge of Google's main cloud services, including Google Cloud Platform and the G Suite productivity apps.
During his speech, Kurian revealed that their products are actively being used by some of the biggest companies in the world, which includes Home Depot, KeyBank, Los Angeles City, and the Telegraph Media Group. The company aims to further increase its reach by penetrating into different industries. They are particularly interested in getting more customers from the billion-dollar financial services industry. He also indirectly warned the company's competitors that he will be taking an aggressive stance during his tenure to ensure that they reach their goals.
According to the Alphabet's chief financial officer, Ruth Porat, the company's Google Cloud Platform has been performing quite well and is continually growing in terms of its revenue. The CFO revealed that they have so far doubled the number of corporate contracts that are above US$1 million. They have also closed a substantial amount of contracts that are above US$100 million. Unlike its direct competitors, Google has not yet made public its quarterly earnings. They have hinted that it is currently more than US$1 billion per quarter. However, it is not yet clear if their previous quarter's earnings are close to Amazon's cloud revenue of US$7.43 billion in the same quarter.