Google boasts strong cloud performance in Q4 – but is shy over revealing specifics
Cloud Computing News | February 05, 2019
Updated 1820 GMT Google has claimed that the number of its cloud deals exceeding $1 million has ‘more than doubled’ over the past 12 months in what it called a ‘strong’ year – yet remained reticent in disclosing details over run rates. The company’s fourth quarter and fiscal year results, published late yesterday, saw Google’s ‘other’ revenues – of which Google Cloud is a part – hit $6.49 billion (£4.99bn) for the most recent quarter, representing a 30% increase from this time last year. Indeed, this quarterly figure was a 39% uptick from Q318. Total yearly revenues across the business went up 23% to $136.8bn. “Google Cloud closed out [a] strong year with momentum across the business,” Google CEO Sundar Pichai told analysts in an earnings call. “Our focus on helping customers digitally transform their business is paying off.”