Google’s cloud business grows 54% in April-June quarter
BENGALURU: Alphabet said its cloud business rose 54% to $4.6 billion in the second quarter ended June 30 as more companies undertook digital transformations of their businesses during the pandemic. The company said it is looking to make further investments in the cloud business, where it trails significantly behind Amazon Web Services and Microsoft Azure.
The business, however, has grown exponentially under Google Cloud CEO Thomas Kurian. When Kurian, a former Oracle executive, joined in January 2019, the segment had revenue of just $5.8 billion. This jumped to $13 billion in two years.