Google’s parent company, Alphabet, reported Q4 and full year earnings that beat expectations across the board. The company did not provide a lot of detail regarding its cloud business which is part of its “Other Business” category. What they did mention is that they doubled the number of Google Cloud Platform (GCP) deals worth more than $1M and doubled the number of multi-year contracts. Regarding G-Suite, they noted that they now have 5 million paying customers — up from 4 million a year ago. It is clear that Google is going to invest and scale when it comes to their Google Cloud business. Enterprises will need to chart their course appropriately and this podcast details key points to consider on why you should plan and how to plan.
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