Why Google Cloud Can’t Catch Up to AWS

Evercore ISIComments on recent Google earnings calls have indicated the Google Cloud Platform will see increased focus in 2016 with Google Chief Executive Sundar Pichai stating that they “plan to invest significantly in 2016.” Alphabet (ticker: GOOGL GOOGL -0.5598161558399914% Alphabet Inc. Cl A U.S.: Nasdaq USD744.27 -4.19 -0.5598161558399914% /Date(1464901200273-0500)/ Volume (Delayed 15m) : 1683275 AFTER HOURS USD744 -0.27 -0.03627715748317143% Volume (Delayed 15m) : 12549 P/E Ratio 31.34982814395471 Market Cap 508944642103.026 Dividend Yield N/A Rev. per Employee 1246680 More quote details and news » GOOGL in Your Value Your Change Short position ) Chief Financial Officer Ruth Porat refers to it as an area where they have “prioritized investment.” These statements have of course been backed up by the pace of new product announcements, the marquee hire of Diane Greene, a…

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