If we wanted to put Microsoft Azure and its Commercial Cloud in the mix it's clear that the company's software footprint transitioned to subscriptions well. Google Cloud is taking its well-heeled ad business to get into the cloud. Amazon looks to AWS (and increasingly an ad business) to boost the paltry profit margins in e-commerce. Deals over $250 million more than tripled in the same period.Ĭomparing cloud giants is fascinating given that they all come from a different orientation and business model. These investments in our go-to-market organization have helped us win larger deals including several billion-dollar deals in 2020. We continue to invest strongly in the business given the momentum we are seeing. In addition, our backlog grew to nearly $30 billion, up from $19 billion in Q3, nearly all attributable to cloud.
Google Cloud delivered revenue growth of 47% year-over-year, with GCP growth remaining meaningfully about the growth rate for cloud overall. We'll continue making disciplined investments to scale the business and improve profitability. Google CEO Sundar Pichai said on an earnings conference call: In 2020, Google Cloud's operating loss was $5.61 billion. Meanwhile, Google Services delivered operating income of $19.06 billion in the fourth quarter on revenue of $52.87 billion. In the fourth quarter, Google Cloud, which includes platform, infrastructure, and Workspace, delivered an operating loss of $1.24 billion on revenue of $3.83 billion, up from $2.61 billion a year ago.Īmazon founder Bezos will give CEO role to AWS leader Andy Jassy, become executive chairman | Alphabet beats Q4 estimates, Google Cloud revenue climbs The mirror image is AWS, which delivers operating income that dwarfs Amazon's core retail business.Īlphabet, Google's parent, detailed how much its ad business subsidizes its cloud expansion. We help 6,500+ properties across the world gain access to the latest technology in automated day-to-day operations, increased direct bookings and integrated smart payments - all in one centralised location from anywhere. Google Cloud is now approaching a $16 billion annual revenue run rate, but Google's ad business is likely to subsidize it for the foreseeable future. With 35 years experience in PMS technology, RMS Cloud are global leaders in providing enterprise property management solutions for the hospitality industry. Here's a look at how the cloud leaders stack up, the hybrid market, and the SaaS players that run your company as well as their latest strategic moves. Top cloud providers: AWS, Microsoft Azure, and Google Cloud, hybrid, SaaS players