Google launches single-tenant cloud environment option
Typically, cloud users share servers with other customers in what is known as a multi-tenant cloud environment. However, because of internal policies and regulatory requirements, server sharing may not appeal to some cloud purchasers, raising the need for a single-tenant cloud environment, where a cloud customer is assigned a dedicated server.
Amazon (AMZN) and Microsoft (MSFT), two of the world’s leading cloud vendors, have been offering single-tenant cloud environment options for some time. Google is moving to catch up in this area. Offering a single-tenant cloud environment option could make Google’s cloud more appealing to customers with high compliance requirements.
Google’s share of the cloud market expanded to 6.0% in the first quarter
Google controlled 6.0% of the global cloud computing market in the first quarter, up from 5.0% a year earlier, according to Synergy Research. Microsoft’s share of the market rose to 13% from 10% a year earlier, while Amazon’s share stayed flat at 33% from a year earlier.
Google makes ~$1.0 billion in cloud revenue
Google, whose cloud customers include Spotify (SPOT) and Twitter (TWTR), last said its cloud revenue averages at $1.0 billion per quarter, less than a fifth of the $5.4 billion in cloud revenue Amazon saw in the first quarter. Alibaba (BABA), another rising star in the global cloud vendor stage, reported a 103% year-over-year increase in cloud sales to $699 million in the first quarter.