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Google Cloud generates $ 8 billion in revenue per year and triples revenue

Thomas Kurian

David Paul Morris | Bloomberg | Getty Images

Sundar Pichai, CEO of Google, said the company's cloud department has annual sales of $ 8 billion and plans to triple its sales over the next few years Recruitment efforts have come about because Google Cloud Chief Thomas Kurian, who has led the company for seven months, hunts Amazon and Microsoft. Kurian promised an aggressive reinforcement of his sales team earlier this year.

Amazon Web Services, the market leader in cloud infrastructure, reported growth of 37% to $ 8.38 billion on Thursday, the # 2 player said last week that Azure has grown 64%. Griffin Securities' Jay Vleeschhouwer estimated last week that Microsoft generated $ 4.1

billion in Azure in the second quarter. This suggests that Azure is about twice the size of Google's cloud.

Alphabet announced on Tuesday that its "other" revenue, including cloud, was $ 6.18 billion, compared to $ 4.43 billion a year ago. Kurian, which has been charged with the growth of the business, has already made several acquisitions, including the analytics company Looker.

According to Ruth Porat, Chief Financial Officer of Alphabet, Cloud boosted second-quarter earnings. Alphabet shares rose more than 9% on Thursday after it reported $ 38.94 billion in sales exceeding the $ 38.15 billion expected]
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