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I'm no expert here, but I absolutely guarantee that nobody there decided "the growth period for GCP is over." All of the big cloud providers are still seeing 2
by CobrastanJorji 4y ago
I'm no expert here, but I absolutely guarantee that nobody there decided "the growth period for GCP is over."
All of the big cloud providers are still seeing 20-40% growth annually, and there's still a huge pile of not-yet-on-cloud customers to fight over. Are things doubling annually? No. But there's still a lot of growth left. The bad financial results from Google last quarter were that its cloud revenue growth dropped down to just 32% year-over-year. AWS's last update was a "disappointing" 20% revenue growth (on their $80 billion revenue). Nobody's giving up on growth anytime soon.