Google Cloud boss is focused on growth: We need scale in order to be profitable
Summary
Google cloud chief Thomas Kurian said Wednesday that hes focused on growth for now, with an eye toward profitability later on. "Were working closely with Alphabet CFO Ruth Porat to improve our operating margin and operating loss, which will both benefit from increased scale over time," Kurian told Heath Terry, a Goldman Sachs managing director, at the virtual Goldman Sachs Technology and Internet Conference. Growth could also make Google more competitive with market leader Amazon, which derives almost half of its income from its cloud division. Kurian said the business is on track to expand its direct sales organization by more than three times "We really believe we have a good line of sight on how as you scale investments," he said. Nominations are open for the 2021 CNBC Disruptor 50, a list of private start-ups using breakthrough technology to become the next generation of great public companies.
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