Top Stories You Missed: Amazon expands industrial IoT platform | Google launches $10B investment fund in India | Google launches BigQuery Omni to reduce multicloud friction
TOP STORIES YOU MISSED | Featured Stories | | | | | AMAZON LAUNCHES IIoT PLATFORM TO HELP MANUFACTURERS GLEAN INSIGHTS USING Ai Amazon announced the general availability of AWS IoT SiteWise, an industrial IoT (IIoT) platform. The platform was unveiled at AWS re:Invent 2018, and it has since been piloted by industrial clients including Bayer and Volkswagen, per VentureBeat. SiteWise is intended to automate the process through which manufacturers collect, structure, and analyze IIoT data; after an initial configuration, the platform can relay real-time performance metrics for machinery, helping companies assess operational efficiency. The service will help Amazon strengthen its position in the IoT cloud market, in which it held 32% of overall market share in 2019, ahead of Microsoft’s 17% share and Google’s 10%, according to the Eclipse IoT Developer Survey. Here are two factors we believe will help drive adoption of AWS IoT SiteWise: The service lowers the technical proficiency requirement for gleaning IoT-based insights using AI and machine learning. Industrial automation has accelerated in response to the pandemic. |
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| | | GOOGLE UNVEILS $10B INDIA DIGITIZATION FUND Google announced the Google for India Digitization Fund this week, through which the company will invest ₹75,000 crore ($10 billion) in India’s tech economy over the next five to seven years. The funds are intended to both expand Google’s in-house services offered in India, and further entrench the US tech giant in the Indian startup economy through equity investments and partnerships. It will also help Google ingratiate itself with the Indian government under Prime Minister Modi, who has championed a Digital India initiative to expand internet access within India and attract investment in the country’s tech sector. India is widely expected to experience the largest increase of any country in adding internet users over the coming years, as only half of the country’s 1.3 billion residents currently have internet access, per eMarketer estimates. Rising geopolitical tensions have limited Chinese companies’ access to the Indian tech market, creating an opportunity for US firms such as Google to fill the void. These moves by the Indian government insulate US firms from competition within the Indian market, creating a more attractive investment opportunity. |
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| | | | | GOOGLE LAUNCHES BIGQUERY OMNI TO ANALYZE MULTICLOUD DATA Google Cloud unveiled BigQuery Omni at its Cloud Next ’20 event this week. BigQuery Omni allows Google Cloud users to draw data from multiple cloud providers to run queries on the already popular BigQuery data warehouse tool. Previously, this process required that BigQuery users move data between cloud providers, which can be both costly and time-intensive. BigQuery Omni will be compatible with Amazon Web Services (AWS) at launch, and Google said that Microsoft Azure will soon be supported as well. BigQuery Omni will help Google position itself as the brains of multicloud operations. BigQuery Omni can act as a point of differentiation for Google Cloud, as developers become accustomed to working within the BigQuery environment. This can create brand loyalty, increasing Google Cloud’s pricing power. By reducing friction within multicloud operations, Google also stands a better chance at stealing market share away from AWS and Microsoft Azure. |
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