Alphabet Inc’s Google is creating progress in taking up cloud computing leaders Amazon.com INC and Microsoft corporation, executives said on Wednesday, because the search engine company stakes more of its future on the cloud as a new source of growth.
At a conference in San Francisco, Google cloud computing chief Diane Greene ticked off a host of latest clients, including HSBC, Colgate, Verizon and eBay.
The company also announced it had acquired Kaggle, a popular platform for information scientists that could boost Google‘s come on the crowded field of artificial intelligence.
Despite the announcements, analysts said Google remains a distant third within the market for cloud computing, the more and more popular practice of using remote internet servers to store, manage and process information.
Read Also:Google Facts
“The huge challenge Google faces is that, for all the names it announced today, it’s still miles behind Amazon and Microsoft in terms of scale,” said analyst January Dawson of jackdaw research. “It includes a long way to go, and some more client announcements are not progressing to close the gap.”
Those at the event were a lot of impressed with Google’s growing prowess in Artificial Intelligence (AI), long a strength of the company. The audience cheered when Google announced that it might release software tools to identify objects in videos using AI.
Google News: Kaggle, a popular platform could boost Google’s come on the crowded field of artificial intelligence
Kaggle, which will keep operating as an independent brand. It reflects Google’s interest in marketplaces for information, said Fei-Fei Li, Google Cloud’s chief scientist of artificial intelligence and machine learning.
Kaggle allows companies and researchers to post information. They uses crowdsourcing competitions among experts to produce usable models. “What Kaggle has contributed to the community is the democratization of knowledge,” she said.
While analysts expressed caution concerning Google as a competitor in cloud computing. Company executives insisted they’re making brisk progress in the market.
Alphabet executive Chairman Eric Schmidt cited the recent initial public offering of Snap, a Google Cloud client. It is to Illustrate the power of the company’s services.
“We put $30 billion (roughly Rs. 2,00,545 crores) into this platform,” he said. “I know because I approved it. It’s real”. Although, Greene said the company has been successful closing deals, hinting more client announcements are within the offing. “Already we are winning more than half our deals,” she said.