Google Cloud growth is outpacing the company's ad business
(PCWorld)

Google is still an advertising company, but the tech titan´s cloud business is growing faster than its advertising revenue. That´s one of the key take-aways from the company´s first quarter earnings report released Thursday.Google Cloud Platform is one of the fastest-growing lines of revenue across Alphabet, the parent company that includes Google and other businesses like self-driving car maker Waymo, company CFO Ruth Porat said on a conference call with analysts. That growth is driven in part by a change in the way companies are working with Google Cloud.`Over the last several months, we have noticed a change in the types of conversations that Diane [Greene] and her team are having with customers,` Google CEO Sundar Pichai said. `Increasingly, we are being asked to partner for mission-critical projects and full migrations, moving data from on-prem data centers to the cloud. We are seeing a meaningful shift, and this momentum is resulting in a fast-growing business.`To read this article in full or to leave a comment, please click here