Google playing catch-up with Amazon and Microsoft in cloud computing
It is likely to rely on faster networks, lower prices and lots of artificial intelligence in what will be an uphill climb
New York
WHEN it comes to cloud computing, Google is in a very unfamiliar position: seriously behind.
Google is chasing Amazon and Microsoft for control of the next generation of business technology, in enormous cloud-computing data centres. Cloud systems are cheap and flexible, and companies are quickly shifting their technologies for that environment. According to analysts at Gartner, the global cloud-computing business will be worth US$67 billion by 2020, compared with US$23 billion at the end of this year.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Technology
Meta’s results are best viewed through rose-tinted AI glasses
'Harvesting data': Latin American AI startups transform farming
After long peace, Big Tech faces US antitrust reckoning
Tech’s cash crunch sees creditors turn ‘violent’ with one another
Tech millionaires chase billionaire tax shields with ‘swap fund’
Elon Musk’s Starlink profits are more elusive than investors think