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Yesterday, Microsoft & Google announced earnings. Google Cloud Platform (GCP) & Microsoft Azure had strong quarters with about 28% annual revenue growth each. Coding assistance has been the first, but shopping & travelcould be next through OpenAI’s plug-ins.
If you want features in your lakehouse (on top of open source Iceberg) for ingestion, CDC, streaming (file loading, Kafka connect, etc), schema evolution, compaction, optimization, time travel, snapshots, auto-scaling, maintenance (no more writing spark jobs to delete snapshots!),
Bigger swings generally mean a longer amount of time building toward something that could work in the future. Google on GCP? In this example, there are many more waypoints the team needs to travel to to reach the destination. How much time and money has Meta spent on VR? Amazon on Alexa?
And several panelists noted the cost savings due to eliminating expenses such as food, travel, and employee events, which could be redirected to employee engagement or other resources. Farrell: We use VPN and require it for access to some things, such as things in GCP. This is a tipping point for the adoption of SaaS.”.
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