Google to gain more profit from Cloud then ads

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Search engine giant Google at the event in San Francisco today (Thursday) predicted to gain revenue then from ads by 2020.

Senior vice president of technical infrastructure, predicts that within the next five years, Google’s Cloud Platform revenues could surpass its advertising revenue.

“The goal is for us to talk about Google as a cloud company by 2020,” Holze said.

It’s an ambitious plan for a company that is typically thought to be lagging behind Amazon Web Servces (AWS) and Microsoft Azure in the cloud computing market.

Time will tell, but it’s usually unwise to bet against Google.