image credit: Unsplash

Google Cloud still operating at a loss despite revenue, client wins

July 27, 2022

Via: CIO Dive

Google’s standing in the cloud market is still a work in progress, despite recent revenue and client wins.

In the global IaaS public cloud market, Google Cloud ranked third among U.S.-based cloud providers and fourth globally based on 2021 market share, Gartner data shows. The company commands 7% of total market share, trailing Microsoft, which holds 21%, and frontrunner Amazon with 39%.

Pichai outlined the company’s strength in its ability to unify data and analytics in a single platform, opportunities for IT modernization and strong cybersecurity.

Read More on CIO Dive