Analyst Commentary

Enterprise messaging takes root to propel Google Cloud to $1B

Google Cloud reaches $1B milestone, but is still 5 times smaller than both of its primary competitors

According to Google CEO Sundar Pichai, the company’s Cloud business has reached a “meaningful scale,” becoming a $1 billion revenue-per-quarter segment. Although this pales in comparison to Amazon Web Services’ (AWS) $5.1 billion 4Q17 revenue and Microsoft’s (Nasdaq: MSFT) $5.3 billion 4Q17 Commercial Cloud revenue reported within the same 24 hours, the revenue milestone is a strong showing for the small-but-grow...

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