Corporate leaders set stretch goals all the time -- that's part of their job. Not meeting them just means certain VP's might not get their full million-dollar bonuses -- not that a billions-dollar business will shutter and lay off 1000's of people.
It is all their own fault though I think: They worked long and hard to build that reputation.
https://www.lastweekinaws.com/blog/google-cloud-is-probably-...
Commercial cloud revenue, which includes Microsoft Office 365 Commercial, Microsoft Azure, the commercial portion of LinkedIn, Microsoft Dynamics 365, and other commercial cloud properties, increased 43% to $38.1 billion.
The first step of a major cloud migration is often a combination of hybrid solutions and lift and shifts.
Revenue is inconsequential. What is there profit? Cloud is profitable for AWS and MS. We don’t know what the margins are for GCP.
And in what universe is revenue inconsequential? Profit comes whenever you want to stop investing in growing. There is zero reason to believe that Google will be unable to turn a profit off GCP whenever it decides to. Particularly given that it was building datacenters for Search before AWS even existed.
GCP and Google are completely different. Nothing except a few inconsequential internal Google apps run on GCP.
Building servers and knowing how to address the needs of the enterprise are completely orthogonal.
Sorry the only citation I have is a podcast.
Anyone who thinks Google will get out of Cloud (already more than an $8 billion business [1]), as if it were comparable to Reader (which made $0, AFAIK), isn't looking at the economic realities here.
I repeat: Google Cloud has more than $8 billion in annual revenue. And AWS proves that clouds are a profitable business.
I just can't understand how anyone can suggest with a straight face that Google might shut it down.
[1] https://www.sdxcentral.com/articles/news/google-cloud-annual...