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Big news on Tuesday is that Google Record Breaking is a Protection Startup Wiz for $ 32 billion comes with a very large qualification. Google says it will set the Wiz as a “multi -cloud” offer, which means wiz will not just be a Google-Cable Shop.
The reality is that Google had no option but to do this and closely focuses on the reasons behind the decision also highlights the poor spots of Google in the months ahead.
Wiz brings a huge customer list in Google. To today, startup has already reached the annual revenue rate of $ 700 million. Before the news broke on Tuesday, it reached $ 1 billion to increase it.
“Before the news is broken” here is the operative phrase. Google and Wiz will surely hope that acquisition will create an attractive new funnel to earn customer and earning, but first and foremost, they must ensure that existing customers need to be prevented from shopping for other security suppliers.
Many of these customers have already used a hybrid cloud format and cannot use Google Cloud. Some of them are one of the main reasons to choose Wiz in the first place is the ability to support multiple cloud platforms.
If Google cuts that ability, it is at risk of disconnecting those users.
This is why Wis CEO Asf Rapport and other senior leaders were calling customers for hours to move towards the agreement, assuring them that it was the usual business.
Last summer, when the news spread that the alphabet/Google Wiz wanted to achieve, imagination followed the regulatory challenges of pushing through such a large contract very quickly. Google has been under intense disbelief investigations for years, especially for its domination in fields like searching, mobile operating systems and advertising.
The regulator has moved out of the climate. Under President Trump, the United States has not yet heard a big disbelief case, and has mixed views on how its administration will come to Big Tech. Some believe that large technology companies will still face the road; Others think the big-dill window is open again.
A source says, “Google that feels able to think of the Big M&A again seems big in itself.” “Do they think they have the Trump administration for them?”
Meanwhile, as small as the UK but still in the dominant market, the controllers have recently taken a more favorable position on the Big Tech that “is open to the UK business.” The so -called hypersislers can see it as an opportunity to emerge from a little more shadow.
Even if the regulatory climate is complicated for the Big Tech M&A, Google’s “Multicloud” position may be effective. Cloud Services and CyberSSCURITIES are not strongly two fields where Google dominates now, so this agreement cannot extend the incredible alarm bell.
If the regulator Is Verifying Google’s overall domination, emphasizing the skill of working across the Wiz.
The final reason for hugging the multiCloud model to Google is simple: Many customers do not simply use Google Cloud and do not use it. As Q4 2024, Statesman Data shows that the AWS Global Cloud Market had 30% shares, with 21% in Azur second. Google Cloud trails significantly behind them at 12%.
Why Google is so behind? Some say because the AWS was on the field. Others say that Microsoft’s Enterprise Domination and the OpenAI partnership of the strong ecosystem – with it gave it an edge. Google lacks both benefits.
A few years ago, people were thinking that if Google could close this gap, its cloud offers were comparable to AWS and Azur.
Former TC writer Ron Miller TC Today said, “Google Cloud has always had some mystery in the third place in the Cloud Infrastructure Market share.” “They run the world’s largest cloud applications, yet the enterprise has trouble translating it into products for customers.”
He thinks it has changed under the CEO of Google Cloud, Tomas Curian. “He has many other credibility with enterprise customers, and there are still several business behind Amazon and Microsoft.”
An investors called on Tuesday that Google followed Wiz because of its multicoloud capabilities, “Multicloud is something that our customers want new IT projects to work with Google Cloud with their existing IT investment.”
However, Kurian also thinks that the AI can change the game.
Kurian said the AI architecture could be a major initiative for data pool from multiple places of the central cloud suppliers. If this happens, multicloud protection can become less critical, but they will be protected for centralized data.
At that moment Multicloud is “to help all the major clouds of customers and even on-primitive systems to help identify, protect and protect against cyber threats,” Kurian.
Now we will see that the regulators and the last users buy it.