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Google Cloud Worth $225B, Deutsche Bank Says

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

#21

Post by toomuchtodo »

pmart123 wrote: post #17
toomuchtodo wrote: post #4

Earlier quoted context omitted.

Or everyone is overvalued and these are fantasy numbers pulled from the unicorn forest. There is no repercussion when an analysts predictions are "overly optimistic" (see: everyone pitching $50B-$100B valuations to WeWork to get their IPO biz). Throwing darts would be just as accurate as the predictions investment banks are throwing out.

Well, AWS actually is highly profitable and changed the game so most of the recent startups could actually be built. I wouldn't associate WeWork with it. I won't even associate Tesla with WeWork. At least if you give $10B to Musk, you get rocket ships and category-leading car companies out of it.

AWS is only highly profitable for an investor if you cut it loose from Amazon retail so it's not subsidizing it (spin it out) and other Amazon endeavors that aren't profitable. Otherwise, it's only of benefit to Amazon proper.

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

#22

Post by fasteo »

manishsharan wrote: post #14

I do not want to sound like a nay sayer but which responsible enterprise CIO would put their stack on Google Cloud. They have a well deserved reputation for being unresponsive and opaque and downright irresponsible with their customers' infrastructure.

Not that I want to defend Google or anything, but there are some impressive customers here [1]

[1] https://cloud.google.com/customers

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

#23

Post by bklyn11201 »

CodeSheikh wrote: post #7

I am interested to know the valuation of AWS. If the values are apart then it makes sense that AWS was ahead of teh game. If GCP has caught up then that would be blazing-fast improvement.

From Bloomberg re GCP: "The unit could report compound annual growth of 55% between 2018 and 2022, and reach annual sales of about $38 billion by 2025"

AWS q2 2019 was was 8.4 billion so AWS in 2019 is near where GCP is projected to be in 2025. AWS q1 to q2 growth was 37%, so much slower growth than Azure and GCP.

From Barrons earlier this year: "He sees AWS revenues of $36.1 billion this year, growing about 31% a year to $140 billion in 2024. He ... estimates the value of AWS alone as $506 billion."

https://www.barrons.com/articles/amazon-stock-web-services-w...

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

#24

Post by sdan »

tpmx wrote: post #13
sdan wrote: post #6

Not surprised. If AWS can't make their UI a bit more user-friendly (especially for beginners) and remove their AWS Educate for students (which by the way is horrible), I think a good chunk of developers and possible institutions might move over to GCP. Other that UI, I think GCP in some instances may be cheaper (pretty sure I saw some instances that were cheaper... although I can't say for sure).

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 use SSH on GCP, they make it considerably harder than AWS (although somewhat more secure for beginners... to prevent from attackers to getting to port 22).

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

#26

Post by kbenson »

dangerboysteve wrote: post #18
techie128 wrote: post #11

Unfortunately, this is an opinion by a single analyst. Analysts are frequently wrong about their prediction. I would not put a whole lot of stock in it. Post Kurian, GCP has shown _some_ traction but it still has a long catch up game to play. Google really needs to capitalize on its strengths (ML/AI, BigData) in a major way. In addition it has to spend a major chunk of money in educating first-time developers and mak…

its also Deutsche Bank one of the most reckless banks around.

Reckless? Loaning hundreds of million to the same people that just refused to pay you back the last few hundred you lent them, after they refused to pay back other backs before that, is the investment strategy of the future! /s

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

#27

Post by ashelmire »

sdan wrote: post #6

Not surprised. If AWS can't make their UI a bit more user-friendly (especially for beginners) and remove their AWS Educate for students (which by the way is horrible), I think a good chunk of developers and possible institutions might move over to GCP. Other that UI, I think GCP in some instances may be cheaper (pretty sure I saw some instances that were cheaper... although I can't say for sure).

AWS isn't mentioned in the article at all... not sure why you're mentioning it. It's considered to have a similar valuation to Google Cloud though.

According to this, however, AWS seems like it should be valued considerably higher (and this is in line with my industry experience - AWS is used everywhere, Google Cloud is not): https://kinsta.com/blog/google-cloud-vs-aws/

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

#29

Post by sdan »

duxup wrote: post #20
sdan wrote: post #6

Not surprised. If AWS can't make their UI a bit more user-friendly (especially for beginners) and remove their AWS Educate for students (which by the way is horrible), I think a good chunk of developers and possible institutions might move over to GCP. Other that UI, I think GCP in some instances may be cheaper (pretty sure I saw some instances that were cheaper... although I can't say for sure).

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 onboard a bit easier.

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

#30

Post by thestepafter »

fasteo wrote: post #22
manishsharan wrote: post #14

I do not want to sound like a nay sayer but which responsible enterprise CIO would put their stack on Google Cloud. They have a well deserved reputation for being unresponsive and opaque and downright irresponsible with their customers' infrastructure.

Not that I want to defend Google or anything, but there are some impressive customers here [1] [1] https://cloud.google.com/customers

At some point the discounts offered to use the platform are too good to pass up. Doesn’t mean the support is good.
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