Google’s main income supply has all the time been internet advertising via Google search, YouTube, and different platforms, however for lengthy, the corporate has been making an attempt to rake in more cash from extra companies like cloud and security.
“AI and Cybersecurity are the 2 largest areas clients are investing their know-how {dollars},” mentioned Ray. “Google seeks to play in each areas. The larger problem is that the IPO market has been actually dangerous, this has created fewer new startups in enterprise, and makes current corporations with nice income streams like Wiz engaging targets even at excessive valuations.”
Cybersecurity is one space that’s strategic and excessive development for corporations equivalent to Google or Microsoft as each client, enterprise, enterprise, and authorities division comes on-line, connects to the cloud present process digital transformation, and is weak to assault.
