Google’s main income supply has at all times been internet advertising by Google search, YouTube, and different platforms, however for lengthy, the corporate has been attempting to rake in extra money from extra providers like cloud and safety.
“AI and Cybersecurity are the 2 largest areas clients are investing their expertise {dollars},” stated Ray. “Google seeks to play in each areas. The larger subject is that the IPO market has been actually unhealthy, this has created fewer new startups in enterprise, and makes current firms with nice income streams like Wiz engaging targets even at excessive valuations.”
Cybersecurity is one space that’s strategic and excessive development for firms comparable 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.
