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Google Cloud Worth $225B, Deutsche Bank Says

bloomberg.com

41–50 of 221 posts

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

#41

Incredible. They don't even mention Amazon.

Kind of telling how the chart has Oracle, Adobe and Intel as "peers" but AWS is nowhere to be seen. I didn't even know Intel or Adobe had cloud offerings.

The chart shows the entire market value of select other tech Giants, not their cloud offerings.

The purpose of the graphic was to say "Google Cloud is now worth more than all of Oracle", not to show Google's place in the cloud market relative to Amazon and Microsoft.

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

#43
I was working at Google when AWS launched in 2006. The internal message was, we don't want to build a competitor. We have the technology to compete in this area, but it is fundamentally a low-margin business, whereas reinvesting in our core business is high-margin, so we should keep our infrastructure to ourselves.

I wouldn't say the Google strategy was wrong per se - their stock has about 10x'd since then. But it's interesting to see how much things change over time.

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

#44

Incredible. They don't even mention Amazon.

Kind of telling how the chart has Oracle, Adobe and Intel as "peers" but AWS is nowhere to be seen. I didn't even know Intel or Adobe had cloud offerings.

> I didn't even know Intel or Adobe had cloud offerings.

Google includes their SaaS offerings as part of Google Cloud (like Gmail and Docs). Intel and Adobe have SaaS offerings.

They're comparing Gmail to hosted Photoshop basically.

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

#45
post #22

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

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.

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

#46
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).

Why people keep saying that GCP UI/UX is good. Is it because of Firebase? Because granted, that's a very nice UX. But when you log in to the GCP console that thing is a fucking mess. Way more complicated than AWS, with a very subpar UX... And don't get me started with their documentation. What a piece of crap. It's like nobody thought that things of this nature require a clear hierarchy. It's just a blob of concepts…

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 could go on and on..

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

#47
This only means that Deutsche Bank is long on Google. 99% of these analyses are extremely biased and purposeful.

I'm not trying to peddle "banks are evil" it's normal, it's how this business works.

I worked in a leading asset management firm and never met a truly rich analyst. Usually bureaucratic employees nobody at the trading desk takes seriously.

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

#50
post #32
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 never have any luck figuring out how to do most things in GCP. The disjointed UIs, the documentation that is out of date, etc leave me just going back to AWS.

this. pretty UI but disjointed documentation. it's quite up to date (for what i do though) but it's hard to get the whole picture.
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