0:46 – Microsoft, Amazon’s AWS, and Google Cloud are three of the drivers of the greatest growth market the world has ever known – and the competition between them is fierce.
1:07 – At Google Cloud’s event last week, CEO Thomas Kurian said that the huge volumes that AWS and Microsoft have are from the past needs of customers and carrying forward.
1:49 – The big business in the cloud is in the higher-level software capabilities, according to Kurian. Also, consider that Microsoft is four times bigger than Google Cloud and AWS is about three times bigger.
2:27 – Google Cloud is separating itself from Microsoft and AWS in various areas. Kurian called out that the backlog for Alphabet, Google Cloud’s parent company, was about $51 billion which was mostly attributed to Google Cloud.
3:06 – Market differentiators are another area Kurian mentioned – new high growth software segments, AI, data analytics, and security. Another area is the sovereign cloud which is spread now across seven different countries in Europe.
3:37 – The big idea is that whatever the relative size of the company, Google Cloud is operating at extremely high levels of capability, delivering huge new value, innovation, growth, and acceleration for its customers.