TBR analysts suggest a major rise in Google’s revenue generated from the Cloud and Google App Engine.
In a Thursday analyst note, TBR analysts estimated that Google nearly earned $200 million in the second quarter via its Google Cloud Platform and App Engine. This rise is nearly a 195% up from its previous year’s earning.
According to the analysts of TBR – Barba and Mirandi, the company’s revenue is estimated to reach up to $885 million by the end of this year.
The revenue can be partly attributed to the G-Cloud but the Google App Engine has been a major contributor in the revenue generation. The trend, Google Apps being the major contributor, is predicted to continue throughout 2014.
According to the analysts, the Google Compute Engine, the company’s IaaS is yet to gain increased adoption from developers and programmers.
Although Google is expected to reach great heights with its cloud services and App Engine, it might still be second only to AWS (Amazon Web Services) – believed to be a $2 billion operation.
However, Google is also a fast growing company as far as the IaaS business is concerned.
A positive factor for Google is that it has been taking steps towards integrating its Google Compute Engine with the Google App Engine and other cloud services.
However, according to Barba and Mirandi, the company in order to grow its revenue, will require to further invest for hybrid and private deployments.
Google has now made Google Compute Engine accessible to everyone in answer to its rival – Amazon’s seminal EC2 cloud computing service. It was announced on Thursday that Google will now give access to its Compute Engine to the subscribers of its ‘Gold Support’ program. It will be providing a 24/7 access to Google support engineers for a subscription amount of $400 per month.
Google set to compete with Amazon Web Services with an updated Google App Engine, Google cloud storage and general availability of Google Compute Engine (GCE). As Al Hilwa, program director for Application Development Software research at IDC stated, Google is taking all the right steps for becoming a serious cloud platform competitor.
Google and Microsoft indulge in a verbal war while IBM banks on its Watson and the new SmartCloud Entry. Last week, Google I/O witnessed the launch of Google Compute Engine for general public. It also witnessed a verbal war that issued between the two tech giants – Google and Microsoft, wanting to bring down Amazon Web Services from being the leader in public cloud.
Google’s Android app marketplace has witnessed a great boost in its revenue growth this year, Japan and South Korea being major contributors, while Apple witnessed a low boost in its revenue growth. Distimo, an app store analytics firm, in a report released yesterday reported that Google Play has seen a significant revenue growth this year.
Google does not fail at giving the best to its customers, hence paving a way to take on its competitors. The Google I/O started with a lot of anticipations from its customers’ end and they were definitely not completely disappointed. Most Google users expected the company to make Google Compute Engine or GCE generally available instead of just to the customers paying $400
Microsoft has decided to shut down Azure RemoteApp, its cloud-based remote app delivery service, in 2017. The company has collaborated with virtual desktop specialist Citrix to use its product called “XenApp express” that will replace Azure RemoteApp.
The latest estimates by eMarketer indicates that Google is still at number one for generating mobile ad marketing revenues followed by Facebook. The eMarketer’s latest estimates spans across worldwide ad spending and revenues generated by the significant players in mobile and digital ad markets.
Despite the decelerating of world economy, there are many tech giants who are competing for a bigger piece of the cloud. Some of the tech biggies such as Amazon.com, Salesforce.com, Microsoft, SAP and Oracle are competing with each other to have the biggest share of cloud computing. It’s the internet ‘cloud’ through which users access their data and apps from distant data centers.
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