Google integrates machine learning capabilities with the cloud

In the previous part of this series, we discussed how Google (GOOG) plans to grow its share in the rapidly growing cloud services market. Google claims that the main factor that will differentiate it from competitors is serving enterprises with machine learning capabilities integrated with cloud technology. Google anticipates using its machine learning capabilities to help enterprises “really understand their data, understand how best they can do what their core competency is and really revolutionize around that.”

Google Focuses on Integrating Machine Learning Apps with Cloud

During the Next 2016 conference held in San Francisco in March this year, Google mentioned that its partners such as Spotify and Coca-Cola (KO) have benefited from Google’s cloud technology. Spotify is a big win for Google because it is the largest player in the paid music streaming industry, with 30 million paid subscribers. However, Apple (AAPL) Music could be a threat to Spotify’s leadership as Apple managed to garner 13 million paid subscribers within the first year of its launch.

Competition for Google in the cloud space remains high

Despite these efforts from Google, it has a lot of work to do to catch up with cloud leaders Amazon (AMZN) AWS (Amazon Web Services) and Microsoft (MSFT) Azure. Amazon added 722 new features to AWS last year while launching its relational database called Amazon Aurora in July. The company claims that Aurora is its fastest-growing service ever. Amazon also launched Amazon QuickSight for AWS. QuickSight is a big data analytics and visualization tool. As the chart above shows, Amazon has managed to grow AWS at a healthy rate.

Microsoft’s Azure has shown even more rapid growth. The segment recorded YoY growth of 140% in 2015 compared to 2014. Microsoft’s cloud-based solutions include the Azure platform, Office 365, and Dynamics CRM.

In the next article in this series, we’ll explore key trends in the cloud market.

Latest articles

20 Jun

Will Refiners’ Earnings Plunge in 2019?

WRITTEN BY Maitali Ramkumar

Wall Street analysts expect refining firms' earnings to fall in 2019. Delek US Holdings (DK) and Valero Energy’s (VLO) earnings are estimated to fall less than 10% in 2019. However, the EPS of Marathon Petroleum (MPC), HollyFrontier (HFC), and Phillips 66 (PSX) are expected to fall 20%–40% this year.

After remaining tepid for the first four months of the year, gold prices have taken off in a big way. The initial impetus was provided by a tweet made by President Donald Trump on May 5, which revived trade tensions in a big way.

20 Jun

How Are Charter’s Revenues Trending in 2019?

WRITTEN BY Ambrish Shah

In the first quarter, Charter Communications (CHTR) reported total revenues of $11.2 billion—a rise of 5.2% year-over-year and $7 million ahead of the consensus estimate.

This morning before the market opened, Tesla (TSLA) was trading on a negative note despite a sharp rise in index futures. As of 9:10 AM ET, Tesla stock had fallen 1.2% in the pre-market session to $234.74 after Goldman Sachs cut the target price on the company by about 21%.

The US-China trade war has already given a scare to Apple’s (AAPL) investors vis-à-vis the possibility of a 25% tariff on Apple goods being imported from its Chinese facilities. As a result, Apple might be considering shifting its plants out of China.

Yesterday, Greenlane Holdings (GNLN) fell a whopping 17.1%. The stock has now fallen 28% this month, and it hit its all-time low yesterday. Greenlane Holdings listed in April and priced its IPO at $17 per share. However, since the stock surged more than 25% after its listing, it has been a sorry story for Greenlane Holdings investors.