The number of customers who are now deeply deployed on AWS, deployed in the cloud, in a way that's fundamental to their business and fundamental to their success surprised me. We are excited about this future. Looking at the big crunch for talent today and the speed at which cloud journeys are being driven across the enterprise landscape, it brings a ton of complementary capabilities for Google Cloud to make security a big differentiator.. Now's the time to lean into the cloud more than ever, precisely because of the uncertainty. For example, fintech is enabling increased access to capital for business owners from diverse and varying backgrounds by leveraging alternative data to evaluate creditworthiness and risk models. BigQuery Omni, which runs on Anthos clusters, became available for AWS and Microsoft Azure last October. Like many tech executives, Alphabet CEO Sundar Pichai and Chief Financial Officer Ruth Porat have said its early innings for the cloud, and the company remains committed to a longer-term path to profitability, with increased scale expected to erode the losses over time. Embarking on its new strategy, Google Clouds first step was on the product side, allowing its engineers to build, mature and differentiate core services, Kurian said. Google Cloud CEO Thomas Kurian Makes His Move | CRN There's no one-size-fits-all solution to what customers want. Sign up for free newsletters and get more CNBC delivered to your inbox. We've built a lot of sophisticated capabilities that are machine learning-based inside of Connect. His rulings have made smart references to "The Big Lebowski," "Dr. Strangelove," and "SNL" parodies of the McLaughlin Group. Google was a company of software developers and data scientists, who were trained at building sophisticated technologies. One of the biggest of those is Amazon Connect, which is our contact center solution. To help execute its new game plan, Google Cloud hired senior leaders such as nearly 27-year SAP veteran Robert Enslin, who joined in April 2019 as global sales president. As companies expand their use of AI beyond running just a few machine learning models, ML practitioners say that they have yet to find what they need from prepackaged MLops systems. Kurian is now ready to push Google Cloud front and center into the multi-cloud era with plans to win more cloud computing market share in the coming years through several strategic movesfrom revolutionizing the Google Cloud Marketplace to making cybersecurity a true market differentiator against its cloud rivals to eliminating channel conflict. Early life [ edit] Thomas Kurian was born to P.C. We are completely open on the Google Cloud Marketplace, whether the solution is complementary or whether its even overlapping with Google products because we fundamentally want to provide customer choice, said Kevin Ichhpurani, Google Clouds global channel chief. While Google's cloud unit has swung to posting a profit, there's some fuzziness in the numbers. Through Zest AI, lenders can score underbanked borrowers that traditional scoring systems would deem as unscorable. Weve proven that lenders can dig into their lower credit tier borrowers and lend to them without changing their risk tolerance. He had the sense of this is getting bigger, and we should start looking into it.. That advice is still critical, but we kind of flipped to where now about 60% of our time is spent synthesizing the signals we get and making sure those signals are really strong for our internal engineering and product teams and for the cloud leadership team so that we might embark on more forward-looking endeavors that are multiyear and very strategic versus doing things just for one customer.. The even better news is that this democratization is taking multiple forms. We spent a lot of time talking through and helping each part of our organization understand how the technology that they're building, how the role they have whether it's in data center operations or sales eventually meets at the customer, and how [we are] making the customer successful.. From a maturity perspective, from production support, from the investments they make in security, through how they're organized, absolutely., Google Clouds annual revenue has jumped approximately 230% under CEO Thomas Kurian's tenure. We embed our values and principles in our engineering, and one of our values and principles is that people should be able to run any shape of compute the way that they want it.. Google Cloud CEO Thomas Kurian says the unit is focused on three strategies to reach profitability. Google was a consumer company. "We were not in a very good situation when I joined," Kurian told CNBC in an interview after the results were released. They were just not adaptable to the enterprise customer like The Home Depot.. I'm able to bring back a real insider's view, if you will, about where that world is heading data, analytics, databases, machine learning, and how all those things come together, and how you really need to view what's happening with data as an end-to-end story. Meet Kerala-Born Thomas Kurian, Brain Behind Google'S - CNBCTV18 This can positively impact all types of business owners, but especially those underserved by traditional financial service models. IBM has responded to that reality by allowing clients to use its MLops pipelines in conjunction with non-IBM technology, an approach that Thomas said is new for IBM. That was not possible before then. It's not just about deploying technology. The shift that you've seen from us in terms of [a] product road map that goes from core compute and storage to a more fully fledged analytics platform, to open architecture and multicloud platforms, to even just refinements in our Workspace products and rounding out our security portfolio all of that is matching this wave, Grannis said. We had to leverage what was available to develop our in-house capabilities that allows us to better tailor our solutions across the bank. The company erected its own internal analytics and AI platform, which features an operational cluster to manage data ingestion, computation, storage, and model production, as well as an analytical cluster for data scientists to experiment and develop new tools before they go into production. Feb 13 The business impact of cybersecurity threats has every company rethinking its security posture. We have a managed Kubernetes service, Elastic Kubernetes Service, and we have a distribution of Kubernetes (Amazon EKS Distro) that customers can take and run on their own premises and even use to boot up resources in another public cloud and have all that be done in a consistent fashion and be able to observe and manage across all those environments. Additionally, personalized portfolio management will become available to more people with the implementation and advancement of AI. During Amazons Oct. 27 earnings call, it was noted there was an uptick in AWS customers wanting to cut costs, and Amazons CFO said customers were looking to save versus their committed spend. Do customers still want those fundamental building blocks and to piece them together themselves, or do they just want AWS to take care of all that? By the way, they should be doing that all the time. The ability to dramatically grow or dramatically shrink your IT spend essentially is a unique feature of the cloud. But they had no real idea how to build, market and sell them to the business world. It moved its legacy data warehouse into the cloud providers BigQuery two years later. Many companies do not have software engineers on staff with the level of expertise necessary to architect systems that can handle large numbers of models or accommodate millions of split-second decision requests, said Abhishek Gupta, founder and principal researcher at Montreal AI Ethics Institute and senior responsible AI leader and expert at Boston Consulting Group. We are located in the Flushing section of Queens. And existing clients have gone deeper with Google. Enslin, who left Google Cloud this year, helped build out its sales organization by geographic regions and industries with recruits from enterprise players including AWS, Microsoft, SAP and Oracle. Oct 22, 2015. He's a longtime, tenured Amazonian with many, many different roles important roles in the company over a many-year period. You can review our privacy policy to find out more about the cookies we use. More than 8 in 10 Americans are now using digital finance tools powered by open finance. We champion the power of technology-centered financial services and advocate for the modernization of financial regulation to support inclusion and responsible innovation. For small business owners, time is at a premium as they are wearing multiple hats every day. Thomas Kurian, a longtime Oracle exec who Google hired to replace former cloud CEO Diane Greene in November, put an emphasis on partnerships and Google's multi-cloud approach during his keynote . Google Cloud CEO Kurian Explains Alliance With IT Services Giant HCL That adoption speaks louder than any other voice. "We have awards twice a year for teams that have done the best job helping customers," Kurian said, adding that Google now ranks among the top five enterprise software sellers. What is open finance? It will be the second re:Invent with CEO Adam Selipsky as leader of the industrys largest cloud provider after his return last year to AWS from data visualization company Tableau Software. In the first six months of the pandemic, Zoom's demand went up about 300%, and they were able to seamlessly and gracefully fulfill that demand because they're using AWS. We are always co-selling with Google, said SADAs Safoian. We're the only cloud that I'm aware of that purposefully enables computation and analytics over other public clouds, Grannis said. Thomas Kurian is an Indian-American business executive and Chief Executive Officer of Google Cloud since 2019. We (also) absolutely have more and more customers who want to interact with AWS at a higher level of abstractionmore at the application layer or broader solutions, and we're putting a lot of energy, a lot of resources, into a number of higher-level solutions. We work directly with them. Our goal is to make sure that we make it super easy for partners to be able to reach our customers.. Minimal to no-fee banking services - Fintech companies typically have much lower acquisition and operating costs than traditional financial institutions. Thomas Kurian is making his market-share takeover move as Google Cloud looks to 'industrialize' the cybersecurity industry, create the world's most open cloud marketplace and completely. He can be reached at mharanas@thechannelcompany.com. [14], As the President of Product Development, he oversaw Oracle's 3,000-odd product development efforts. Bennett began his career in digital and social brand marketing working with major brands across tech, energy, and health care at leading marketing and communications agencies including Edelman and GMMB. But cost-cutting is a reality for many customers given the worldwide economic turmoil, and AWS has seen an increase in customers looking to control their cloud spending. "We were always going to get to profitability," he said. Entrepreneurs from every background, in every part of the world, should be empowered to start and scale global businesses. Help building credit - Some fintech companies provide a credit line to the under/unbanked against a portion of their personal savings, allowing them to build a credit history over time.This enables immigrants and other populations that may be underbanked to move up the credit lifecycle to get additional forms of credit such as auto, home and education loans, etc. Language links are at the top of the page across from the title. It's pretty amazing in a very short period of time.. Thomas Kurian is the CEO of Google Cloud. In the past, I would say about 60[%] to 70% of our function focused on deep technical advice to the world's top brands, Grannis said. We are embracing co-opetition, Ichhpurani said. From increasing Google Clouds head count by upward of 15,000 employees and consistently growing sales by billions of dollars year after year to opening the Google Cloud Marketplace to channel partners, Kurian isnt just making Google Cloud a more formidable player against its cloud rivalshes looking to take the industry by storm through a highly differentiated partner-led strategy. And being in retail, we can appreciate that.. Thomas has made a huge, huge impact. Another huge benefit of the cloud is the flexibility that it provides the elasticity, the ability to dramatically raise or dramatically shrink the amount of resources that are consumed. It's actually a complex problem. Right now, Unity is using a custom-built system to manage the thousands of ML models it has in deployment, Lange said. The Home Depot started working with Google Cloud in 2016, when it decided to migrate its on-premises ecommerce site to the cloud. They are very, very driven to grow in the marketplace, and I enjoy that energy because we grow together., Build the customer base. It was an alliance with Elastic, MongoDB and five other companies that sell distributions of open source software. It's always been our north star. Major League Baseball uses the open architecture enabled by Anthos to run applications on bare metal in ballparks as well as on clusters in the cloud. We have a lot of capabilities we're building that are either for horizontal use cases like (Amazon Connect) or industry verticals like automotive, healthcare, financial services. What we're seeing is three areas really coming together: You've got databases, analytics capabilities, and machine learning, and it's sort of like a Venn diagram with a partial overlap of those three circles. Kahn Korman House When asked himself if Google Cloud is enterprise-ready today, Kurian told Protocol that customers such as The Home Depot which extended its run with the cloud provider last July are validating its arrival as an enterprise-worthy cloud contender. Veronica Irwin (@vronirwin) is a San Francisco-based reporter at Protocol covering fintech. We had to build many functions that did not really exist before, Kurian said, whether that's a commercial legal team to negotiate contracts customer service, etc. We see more and more demand for those, and Dilip has come in to really coalesce a lot of teams' capabilities, who will be focusing on those (areas). Absolutely not. Thomas Kurian Owner at U.S. Insurance Agency, Inc. New York City Metropolitan Area 208 followers 202 connections Join to connect U.S. Insurance Agency, Inc. Long Island University About. Many partners have said they expect a sizable portion of their overall Google Cloud sales to come via the marketplace in the years ahead. Google Cloud technology chief Will Grannis said Kurian's commitment to improving the division's offerings was evident right away. The internet economy is just beginning to make a real difference for businesses of all sizes in all kinds of places. Thats not a quote from "The Big Lebowski" at least, not directly. Most notably, I remember their approach to terms and conditions, customer engagement practices, said Daniel Grider, the chains vice president of Technology and head of Infrastructure and Operations. Effectively, Kurian said hes created an ecosystem where there is zero channel conflict. Benjamin Pimentel Oct 31, 2019, 3:00 AM Google Cloud CEO Thomas Kurian Google Cloud has joined forces with India-based IT services powerhouse HCL, which CEO Thomas Kurian says will make it. At the beginning of the pandemic, Barclays sent all their agents home. When Kurian first arrived, Google Cloud was generating $5.8 billion in annual sales as of 2018. The Best Bookstores in All 50 States - Mental Floss Tax. Using Chronicle and GCP, payments company NCR a point-of-sale digital banking customer can look over two years worth of security-related data in a matter of minutes, according to Grannis. Welcome to Turian House, a well kept high rise, featuring attractive updated studio, 1 and 2 bedroom apartments! We saw it during the pandemic in early 2020, and we're seeing it again now, which is, the benefits of the cloud only magnify in times of uncertainty. Macroeconomic challenges like inflation and supply chain issues are making successful money and cash flow management even more challenging. Rob Enslin, a former top SAP executive who joined Google as president of global customer operations in 2019, departed last year to become co-CEO of UiPath. However, creating consistency through the ML lifecycle from model training to deployment to monitoring becomes increasingly difficult as companies cobble together open-source or vendor-built machine learning components, said John Thomas, vice president and distinguished engineer at IBM. We're an $82-billion-a-year company last quarter, growing 27% year over year, so we have, of course, every use case and customers in every situation that you could imagine. Obviously, we have a certain size and scale, Kurian said. One way people try to make it less traceable is with mixers, and Tornado Cash was sanctioned by OFAC not too long ago. Kurian and his wife Molly in 1966 in Pampady village of Kottayam district in Kerala, India. Prior to joining Protocol in 2019, Bennett was executive director of global strategic partnerships at POLITICO, where he led strategic growth efforts including POLITICO's European expansion in Brussels and POLITICO's creative agency POLITICO Focus during his six years with the company. Thomas Kurian, chief executive officer of cloud services at Google LLC, speaks during the Google Cloud Next '19 event in San Francisco, California, U.S., on Tuesday, April 9, 2019. Your best-known crypto decisions strongly assert that crypto is traceable. Despite the obstacles, Intuits Hollman said it makes sense for companies that have graduated to more sophisticated ML efforts to build for themselves. Get this delivered to your inbox, and more info about our products and services. Despite these technological advances, 22% of American adults fall in the unbanked or underbanked category (source: Federal Reserve). That included sharpening its strategy by focusing on infrastructure, data analytics, cybersecurity, collaboration and communication, as well as industry-specific products and services; installing the people, systems and processes needed to execute the vision and support growth, including a tripling of its salesforce; and transforming its culture. Google Cloud's Thomas Kurian, CEO of the world's hottest major cloud vendor, shares his insights on the impact the cloud will have on business in 2021, the n. On the business side, Google Cloud had to pick countries where it would scale its sales and distribution organization and settle on how it would approach enterprises differently than younger, cloud-native technology companies. With that growth in mind, partners hail Kurian as one of most important executives that Google Cloud has ever hired. And then in March, Google Cloud announced a $5.4 billion deal to acquire Mandiant and its extended detection and response SaaS platform to help round out a full-service approach to security that, in addition to Chronicle, also includes Google Cloud Armor, its network security service that provides defenses against DDoS and application attacks, and BeyondCorp Enterprise, its zero-trust identity and security platform. Its exciting that customers can pick the best solution for them, rather than whats simply available from the current inventory of services, he said. We advocate for modernized financial policies and regulations that allow fintech innovation to drive competition in the economy and expand consumer choice. But this spring when the company was in the market for a machine learning operations platform to manage its expanding model roster, it wasnt easy to find a suitable off-the-shelf system that could handle such a large number of models in deployment while also meeting other criteria. Sometimes the distinctions in each model are minimal one company might label certain types of purchases as office supplies while another categorizes them with the name of their office retailer of choice, for instance. It wasnt competing aggressively enough to win the lift-and-shift core infrastructure business that was going to AWS and Microsoft Azure, and had a reputation as an organization that was more interested in convincing customers to do things Googles way than learning what they really needed. That's what good lawyers will always do. There's so much data in the world, and the amount of it continues to explode. As an example, the National Consumer Law Consumer recently put out a new report that looked at consumers providing access to their bank account data so their rent payments could inform their mortgage underwriting and help build credit. During those years, it saw firsthand the growing pains of being an early Google Cloud adopter. We realized in the front, we needed really great threat detection and response capability. You can see it on paper and say, Oh, the business has grown bigger, and that must mean there are more customers, but the cloud and our relationship with these enterprises is now very much a C-suite agenda. His top-to-bottom overhaul included a ramp-up of Googles salesforce and focused on core infrastructure, data analytics, cybersecurity and industry-tailored products and services. We continue to both release new services because customers need them and they ask us for them and, at the same time, we've put tremendous effort into adding new capabilities inside of the existing services that we've already built. Onsite parking . It's become almost a norm now in large companies, where they want to use the best of the best from different cloud providers.. Furthermore, Google Clouds move to win cloud mindshare via its security technology is getting a major shot in the arm with Googles upcoming blockbuster acquisition of incident response superstar Mandiant. It's full during the weekend or sometimes at nights on weekdays. In 2020, Google brought its productivity tools under the brand Google Workspace. Retail is one of Google Clouds largest and fastest-growing industries drawing in customers, many of whom eschew AWS because they view its parent company, Amazon, as a competitor. By putting good governance in place about who has access to what data and where you want to be careful within those guardrails that you set up, you can then set people free to be creative and to explore all the data that's available to them. Our partners feel that the future of the world is multi-cloud, and so do we.. Prior to joining Protocol in 2019, he worked on the business desk at The New York Times, where he edited the DealBook newsletter and wrote Bits, the weekly tech newsletter. Our public-sector business continues to grow, serving both federal as well as state and local and educational institutions around the world. From 4 a.m. to 7 a.m., he would read technical design documents. It is with deep sadness that just under three years later, we are winding down the publication. I don't know when we ever will be, he said. He resigned in September 2018 after frequent clashes with . We see a lot of customers actually leaning into their cloud journeys during these uncertain economic times. Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. But head count has continued to grow, as has the company's roster of large customers. What are you trying to accomplish with that? Today, we thank them deeply for all the work they have done. But that's not really a place where judges get involved in saying how it ought to be regulated. Financial technology is breaking down barriers to financial services and delivering value to consumers, small businesses, and the economy. Judges are just getting around to answering the question of, do these regulations apply and how do they apply? And different judges make different decisions. We don't just build a service and move on. Aruba, a Hewlett Packard Enterprise Company, AMD & Supermicro Performance Intensive Computing, highly differentiated partner-led strategy, Thomas Kurian: Why Google Cloud Bests AWS, Azure In The Channel. KeyBank worked with Google Cloud on Anthos, and eliminating all paper from banks and reducing fraud are two other challenges theyre considering working on together, according to Silvestri. Beverly Hills Estate of Billionaire Kirk Kerkorian Lists for $22M The duct tape starts to show, he said. Insiders say the culture is more like Oracle's or SAP's and distinct from the rest of. Kurian is referring to the companys channel partners the systems integrators such as Deloitte, resellers and managed service providers that sell Google Cloud and wrap their own products and services around it along with independent software vendor partners. Whether its making it easy for businesses to accept payments from around the world, helping anyone, anywhere incorporate correctly in a matter of hours, or tailoring loans to businesses needs, Stripe services are making it possible for businesses of all sizes to use the tools that formerly were reserved for big companies in big cities. Stripe is working to solve these rather mundane and boring challenges, almost always with an application programming interface that simplifies complex processes into a few clicks. We believe open platforms are the ones that win in the market.. How has your experience at Tableau affected AWS and how you think about putting your stamp on AWS? [21], On September 28, 2018, he resigned as president of product development at Oracle. Now that more of the under/unbanked population has access to web-enabled smartphones, there are many advances in fintech that can help them access banking services. Earlier this week, Alphabet said Google's cloud unit generated $191 million in operating profit, after losing a total of $4 billion in 2021 and 2022. So if they have them, I don't know if Ill get one. Jamie Condliffe ( Solution providers are rarely ever alone in the sales trenches without Google Clouds sales force providing help. Every customer is free to make that choice. He was responsible for development and delivery of Oracle's software product portfolio including Oracle Database, Oracle Fusion Middleware, and ERP, CRM, and supply chain management applications. We're public servants! Hes not afraid to change his mind or strategy, to make decisions given new information. We made it very easy for partners to collaborate with the Google sales force so that they can serve clients together. Innovations in payments and financial technologies have helped transform daily life for millions of people. There was another prosecutor, Christopher Brown you know, the other Chris Brown and he had taken an interest in this when we were both working on financial crime in the Washington, D.C. U.S. Attorneys office. It is interesting, and I will say somewhat surprising to me, how much basic capabilities, such as price performance of compute, are still absolutely vital to our customers.
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