Yesterday, “Capital Online Cloud Computing” public news released that Google Cloud officially decided to bring its cloud business to mainland China through Capital Online, and the current contact work is being carried out in an orderly manner. According to the contents of the public number, in fact, the cooperation between the two sides has already landed in August, but it has not been announced. As of the release of Lei Feng, the WeChat has been deleted.
Previously, the news that Google entered China was once raging:
The Google search engine will enter China (reviewed version), which caused Baidu's share price to plummet.
In early August, Bloomberg reported that Google is negotiating with Tencent, Inspur and other Chinese companies to re-enter the Chinese market by providing cloud services, and said that Google’s cloud partners will be responsible for hosting Chinese customers through their servers. And provide services such as Google Drive and Google Docs.
Google’s driverless business is one step ahead of the country. Recently, public information shows that the company named Huimo, which is 100% owned by Waymo, a parent company of Google's parent company, has been registered in the Shanghai Free Trade Zone.
At the moment, Google’s driverless driving has indeed landed. Although Google's search engine and other services have not yet entered China, more and more news and phenomena indicate that China is a market that it cannot ignore.
Dismantling: Capital Online, what company?
According to the official website, Beijing Capital Online Technology Co., Ltd. was established in 2005. It is headquartered in Beijing and has branches in the United States, Shanghai, Wuhan and Shenzhen.International cloud computing service provider. The company was listed on the New Third Board in August 2010 with stock code 430071. In 2015, Capital Online won the Most Influential Company Award of the New Third Board, and entered the first batch in June 2016.Three new boardInnovation layer.
According to reports, the capital online data nodes cover the North American region.
Capital online equity penetration map, source: Sky Eye Search
According to the information from Tianyue, the company paid a total of RMB 361,132,280, and the financing progress has passed the B round. Since August, Capital Online has released a large number of recruitment information, which shows that its employment needs are large. According to the public share penetration chart, its largest shareholders are Zhao Yongzhi and Bi Mingwu.Zhao YongzhiPreviously, he has worked in Nokia (China) and Intel (China).
In recent years, the performance of Capital Online has grown steadily. Operating income has increased from 232 million in 2015 to 482 million in 2017. The compound growth rate has reached 45%. In the latest quarter of 2018, its operating revenue increased by 32% year-on-year. Growth momentum. According to external information, there was no previous intersection with Google.
Other deep backgrounds have not been known.
Why is Google Cloud so persistent in China?
Lei Feng.com learned that Google's parent company Alphabet recently released its second quarter of 2018, Alphabet, Google CFO Ruth · Ruth Porat pointed out that the company will focus on building a second wave in Google in the medium and long term. Growth, including cloud computing. In the eyes of Google CEO Pichal,2017 is the fastest year for Google Cloud Platform to expand globally and will increase investment in the future.
Global cable distribution, image source: Google
China's cloud service market is still dominated by local companies. In 2017, the overall market size of China's public cloud services (IaaS/PaaS/SaaS) exceeded US$4 billion for the first time, and the IaaS market grew by 72%. The top five Chinese public cloud IaaS vendors in 2017 were Aliyun, Tencent Cloud, Tianyi Cloud, Jinshan Cloud and AWS.
Although Google Cloud is in the top three in the US (the latest market share is 3.95%),China's cloud market is clearly more attractive. Why?
Global cloud computing ranking, source: Synergy
China's latest "Three-Year Action Plan for Cloud Computing Development (2017-2019)" mentioned that, by 2019, China's cloud computing industry reached 430 billion yuan, and 430 billion yuan was equivalent to 68.37 billion US dollars. According to the conservative estimate of the growth rate of China's cloud computing industry during the 12th Five-Year Plan period, the scale of China's cloud computing industry is expected to reach 2020.884. $3.9 billion. This is a huge cake for Google.
Google Cloud Products, Source: Google
Lei Feng.com observed that, at the moment, Google cloud computing competitors Amazon and Microsoft are also using China's "allies" "Nuggets cloud computing. Among them, Amazon AWS is provided by Beijing Halo New Network technology, while Microsoft Azure Cloud is provided through Century Internet. The way of cooperation with Chinese allies has proved to be an effective means of entering China, and its cloud services can be carried out normally in China.
Google has withdrawn from the Chinese search market in 2010 and has been actively seeking ways to re-enter China, but the use of many of its online products has been limited by Chinese regulators.
And this time, is Google Cloud really coming? If it is true, then the Chinese cloud computing market will set off new waves.