Sunday, March 26, 2023

Google Cloud Revenue in Q2 Surges Over 43%

By ET Bureau - July 31, 2020 1 Mins Read

There has been an increasing growth for the Google cloud business that helped it avoid a
challenging quarter for Alphabet. The ad revenues across the Search and YouTube have
been struggling to rebound to the pre-pandemic stages. For the second quarter of 2020,
Google Cloud, including Google Cloud Platform (GCP) and G Suite have brought in $3.007
billion. This is up with 43% from $2.1 billion YOY.

This growth was primarily led by GCP infrastructure solutions and the data analytics
platform. As per Ruth Porat, CFO at Google – “Overall, the lower Google Cloud revenue
growth in the second quarter relative to the first quarter reflects the fact that G Suite
lapped a price increase that was introduced in April last year.”

Source: Zdnet


ET Bureau

The Enterprise talk Bureau has five well-trained writers and journalists, well versed in B2B enterprise technology industry, and constantly in touch with industry leaders for the latest trends, opinions, and other inputs- to bring you the best and latest in the domain.

Subscribe To Newsletter

*By clicking on the Submit button, you are agreeing with the Privacy Policy with Enterprise Talks.*