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Google Cloud Worth $225B, Deutsche Bank Says

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Re: Google Cloud Worth $225B, Deutsche Bank Says

#101

Post by rumanator »

whoisjuan wrote: post #51
maktouch wrote: post #46

Earlier quoted context omitted.

In GCP, I çan see all my instances of all regions in one go. I can't do that with aws. In GCP, I can easily create networks between projects. It's really shitty to do in aws. In GCP, I can create a machine and everyone in my team automatically has ssh access. In GCP, I can make an instance, then mark the IP as reserved. In aws, I have to reserve the IP first. Aws UX is the worst. I use both on an everyday basis. I co…

It seems that you are talking about features. I never said that AWS UX isn't horrible. It is. But GCP is also pretty shitty. They don't deserve any praise in this area at all. They have useful features but that doesn't mean their UX is good.

You fail to provide any evidence or even personal anectode to support any of your assertions.

You make claims, other fellow users counter your argument with objective statements, but you ignore everything and opt to double down on more baseless assertions. That is not helpful at all.

Re: Google Cloud Worth $225B, Deutsche Bank Says

#102

Post by benologist »

josho wrote: post #94
VikingCoder wrote: post #77

Earlier quoted context omitted.

I would say the Google strategy was wrong. For every AWS API with significant adoption, Google should have implemented it. Make transitioning from AWS to GCE as simple as possible.

I don't follow you. Your suggestion just serves to turn this into a commodity low-margin business. What benefit does google have for doing that?

Your question is basically how does hosting a quarter of the internet make money, well Amazon benefits a mil+ an hour in profit off AWS margins... plenty to entice Google and Microsoft to compete.

Re: Google Cloud Worth $225B, Deutsche Bank Says

#103

Post by SpicyLemonZest »

helpPeople wrote: post #90
leoh wrote: post #37

Earlier quoted context omitted.

It's actually consistent. The point here is that Google Cloud is undervalued, hence the high buy rating with a target of $1.6k. That would imply a market cap of $~1.1 trillion, meaning that the worth of the rest of Alphabet (sans Cloud/Waymo valued @ $335B) would be $775B.

When we say "undervalued", you mean compared to competitors? When the tech bubble bursts, either everyone gets bailed out, and it does become worth 200B. Or we are going to find out much of this tech money was speculation. What's hard about running a server farm? Does it lend to this valuation?

I'm not sure what "speculation" is meant to imply here. Deutsche is explicitly giving a speculative valuation here; they speculate that Google Cloud will reach $38 billion of revenue in 2025. But that's not some pie-in-the-sky impossible dream; AWS brought $25B (and operating income of $7B) last year.

There are two direct responses to your last question: all parts of running a server farm are hard, and a cloud platform is more than just a glorified server farm.

Re: Google Cloud Worth $225B, Deutsche Bank Says

#104

Post by sib »

josho wrote: post #94
VikingCoder wrote: post #77

Earlier quoted context omitted.

I would say the Google strategy was wrong. For every AWS API with significant adoption, Google should have implemented it. Make transitioning from AWS to GCE as simple as possible.

I don't follow you. Your suggestion just serves to turn this into a commodity low-margin business. What benefit does google have for doing that?

Google sees Amazon as its biggest and most threatening competitor. Starving your competitor of lots of high-margin revenue is a good thing to do.

Re: Google Cloud Worth $225B, Deutsche Bank Says

#105

Post by tootie »

rumanator wrote: post #89
tootie wrote: post #45

Earlier quoted context omitted.

How they're using GCP probably varies a ton. A lot of places are doing multi-cloud for risk mitigation. Maybe some are using it for Kubernetes workloads that they can spread across public/private clouds. Probably a lot like the PaaS products like Firebase for prototyping. I haven't seen any shops that have bet the farm on GCP the way they do on AWS or Azure.

> I haven't seen any shops that have bet the farm on GCP the way they do on AWS or Azure. Your examples sound a bit biased. Based on your argument, using GCP as part of a multi-cloud solution for risk mitigation could also imply that those clients don't trust AWS or Assure to provide a reliable service, thus they are compelled to use GCP for reliability. Using Kubernetes workloads means that GCP is trusted above any…

You work for Google or something? I've been in an out of a ton of IT departments and I'm just reporting what I've seen. I've honestly never done a real evaluation of GCP as a whole. Only Firebase. From what I've seen first-hand, AWS is the default choice. Azure has substantial market share, particularly among orgs that are already bought into the Microsoft stack. GCP just doesn't have a strong story to tell. I should also say that I pretty commonly see senior IT decision makers just make arbitrary decisions.

Re: Google Cloud Worth $225B, Deutsche Bank Says

#106

Post by celestialcheese »

dnautics wrote: post #91
ehsankia wrote: post #65

Earlier quoted context omitted.

Anyone can get Google support with Google One [0] for as low as 2$ a month (along side 100GB of storage). The issue is people expect free products they haven't paid a penny for to have live customer support, which doesn't make much sense at the billion user scale. [0] https://one.google.com/

Have you ever interacted with Google support as a paying customer? It's miserable in my experience.

Anecdote on the other side - Small customer (~5k/mo google cloud / firebase spend). They're support has been decent. Sub 24hr email response and technically competent enough to quickly escalate. It was comparable to AWS basic support.

Re: Google Cloud Worth $225B, Deutsche Bank Says

#107

Post by rurp »

rrss wrote: post #42
ztratar wrote: post #34

Earlier quoted context omitted.

Softbank != "the big banks" The public markets did what they were supposed to do to WeWork.

Goldman Sachs = the big banks IIRC Goldman valued WeWork at $60B

Goldman valued WeWork at $60B, as part of their sales pitch to lead the IPO. The context makes all the difference since the point of that valuation was to aid a sales pitch, not be an accurate assessment.

Re: Google Cloud Worth $225B, Deutsche Bank Says

#108

Post by Dunedan »

sdan wrote: post #29
duxup wrote: post #20

Earlier quoted context omitted.

Anecdotal story: I was working on a personal project where I wanted to try a "server-less" setup and I found Google's firebase authentication pretty handy and when I was looking into Firestore I found these handy videos on Youtube that Google made that I thought were pretty good introductions ... and they even updated the videos here and there so they weren't up to date. I felt like I understood how things worked pre…

Another thing that contributes to the mess of AWS UI is their docs. Probably a personal preference thing, but I don't like their cluttered UI for their docs either. Maybe if they had some developer advocates or pay websites/blogs to post about how to use all 300+ services of AWS (probably an exaggeration... but looking at their dropdown probably not) then it would be better for developers or even companies to come on…

Actually I really like the AWS documentation, even more since they launched their public knowledge center [1], which offers answers for common use cases.

And AWS does have of course evangelists blogging about a lot of stuff. You should check out their blogs overview page [2] which lists 29 new posts since the beginning of October alone!

[1]: https://aws.amazon.com/premiumsupport/knowledge-center/

[2]: https://aws.amazon.com/blogs/

Re: Google Cloud Worth $225B, Deutsche Bank Says

#109

Post by csomar »

beambot wrote: post #25

Google Cloud is worth $225B and Waymo is worth $100B [1], so the rest of Alphabet is worth less than $500B in market cap? The math doesn't add up. [1] https://www.cnbc.com/2019/09/27/waymo-valuation-cut-40percen...

DB price target is $1600 which means they think Google is worth $1.1 Trillion.

Re: Google Cloud Worth $225B, Deutsche Bank Says

#110

Post by maktouch »

sdan wrote: post #24
tpmx wrote: post #13

Earlier quoted context omitted.

Is it really just the UI that's better designed in GCP compared to AWS? I find the "better designed" thing seems to apply to most aspects.

I don't really consider either having superior UI... but AWS's endless list of services when you click for the dropdown is a bit too much to handle. Not to mention how you'll have to use their search bar to get to what you want. One thing I do credit them on is SSHing into an instance is a lot easier than GCP's "gcloud" way (I say this since I recently found the "gcloud" sdk to take over 10g on my laptop) and even if…

You don't need to use gcloud to ssh. Just add your keys in your projects' Metadata, and you'll have ssh access to all servers.

Each member of your team can do it, and it works retroactively.

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