Categories
#4
Rank
$2.1T
Marketcap
United States
Country
Technology
Summary
Google LLC, founded in 1998 by Larry Page and Sergey Brin, is an American multinational technology company that has become one of the most influential and valuable companies in the world. It is a subsidiary of Alphabet Inc., which is considered one of the Big Five technology companies. Google's primary focus is on online advertising, search engine technology, cloud computing, artificial intelligence, e-commerce, and consumer electronics.
With its flagship product, Google Search, the company revolutionized the way people access information on the internet. Over the years, Google has expanded its portfolio to include a wide range of products and services. These include popular offerings such as Gmail for email, Google Maps for navigation, Google Drive for cloud storage, YouTube for video sharing, and Android as a leading mobile operating system.
Google's commitment to innovation is evident through its ventures into emerging technologies. It has made significant advancements in artificial intelligence and machine learning, with products like Google Assistant, TensorFlow (machine learning APIs), and TPUs (AI chips). The company has also made notable investments in areas like quantum computing, self-driving cars (Waymo), smart cities (Sidewalk Labs), and transformer models (Google Brain).
Google's success is reflected in its market dominance, its recognition as one of the most valuable brands globally, and its immense user base. The company's services and platforms, including Google Search, YouTube, and Android, attract billions of users worldwide.
History
Google began as a research project in 1996 by Larry Page and Sergey Brin, who were PhD students at Stanford University. They developed a search engine algorithm called PageRank, which analyzed the relationships among websites to determine relevance. Initially named "BackRub," the search engine assessed the importance of a site by checking backlinks. Page shared his ideas with Scott Hassan, who wrote the code to implement them.
With the support of investors like Andy Bechtolsheim, Jeff Bezos, and Ram Shriram, Google was able to secure funding in 1998. The company was formally incorporated, and Craig Silverstein became its first employee. Despite initial reticence from venture capital firms Kleiner Perkins and Sequoia Capital, they eventually agreed to invest $25 million in Google due to its promising potential.
The name "Google" was a misspelling of "googol," representing the vast amount of information the search engine aimed to provide. Over time, Google expanded its services beyond search to include Gmail, Google Maps, Google Drive, and Android, among many others. The company's commitment to innovation and its ability to dominate multiple markets have contributed to its global success and recognition as one of the world's leading technology companies.
In 1999, Google relocated its offices to Palo Alto, California, a hub for technology start-ups. Despite initial resistance, the company started selling text-based advertisements associated with search keywords, aiming to maintain a clean page design. In 2000, Google secured a significant partnership with Yahoo!, becoming its default search engine provider and replacing Inktomi.
By 2003, Google had outgrown its previous locations and leased an office complex in Mountain View, California, which became known as the Googleplex. The company purchased the property three years later. The term "Google" had become ingrained in everyday language, leading to its inclusion in dictionaries as a verb meaning to search for information on the internet. In 2001, Eric Schmidt was hired as the CEO to strengthen internal management, after Larry Page and Sergey Brin's initial reluctance to relinquish control.
On August 19, 2004, Google went public with an initial public offering, raising over $1.6 billion and attaining a market capitalization of more than $23 billion. Google continued its expansion through acquisitions, including YouTube in 2006 for $1.65 billion and DoubleClick in 2008 for $3.1 billion. By 2011, Google was handling billions of searches daily and had built multiple data centers worldwide to manage the workload. In 2012, the company acquired Motorola Mobility for $12.5 billion, primarily to bolster its patent portfolio and support the Android platform.
In recent years, Google made several significant acquisitions and expansions. In 2013, the company acquired Waze, integrating its social features into Google Maps. The same year, Google launched Calico, a company focused on addressing aging and associated diseases. In 2014, Google acquired DeepMind Technologies, bolstering its presence in artificial intelligence and robotics.
In 2015, Google underwent a restructuring and became Alphabet Inc.'s largest subsidiary. Sundar Pichai became CEO of Google, while Larry Page became CEO of Alphabet. Google entered the video game market with Google Stadia in 2019 and faced antitrust investigations.
In 2020, Google implemented cost-cutting measures due to the COVID-19 pandemic. The company continued acquisitions and expansions, such as acquiring Raxium for microLED technology and prioritizing generative AI in its products. Additionally, Google announced plans for new data centers in Ohio.
Mission
Google's mission is to organize the world's information and make it universally accessible and useful. This mission reflects the company's commitment to providing users with easy access to a vast wealth of knowledge and resources available on the internet. By organizing information from across the web and making it accessible through its search engine, Google aims to empower individuals to find the information they need quickly and efficiently.
In addition to organizing information, Google's mission is centered around making it universally accessible and useful. This involves ensuring that people from all backgrounds and locations can benefit from the information and services Google provides. By developing user-friendly products and services, offering translation capabilities through Google Translate, and expanding internet access through initiatives like Google Fiber, the company strives to bridge the digital divide and enable people around the world to access and utilize information to improve their lives.
Vision
The company aims to create products and services that empower individuals, enhance their productivity, and enrich their lives through the power of technology and information. Google's mission is to organize the vast amount of knowledge available and make it easily accessible to everyone, regardless of their location or background.
At the core of Google's vision is the belief in the transformative potential of technology. The company strives to develop innovative solutions that solve complex problems, improve efficiency, and enhance the overall human experience. Google envisions a future where information is readily available, connections are seamless, and individuals can tap into the power of knowledge to learn, create, and explore new frontiers.
Furthermore, Google aims to push the boundaries of technology and drive advancements in areas such as artificial intelligence, machine learning, and data analytics. By harnessing the potential of these cutting-edge technologies, Google seeks to unlock new possibilities, enable personalized experiences, and shape the future of how people interact with information and the digital world.
Key Team
Sundar Pichai (CEO and Director)
Thomas Kurian (CEO Google Cloud)
Ruth Porat (SVP, CFO)
Lorraine Twohill (CMO)
Kate Brandt (Chief Sustainability Officer)
Melonie Parker (Chief Diversity Officer)
Lisa Cohen Gevelber (Chief Marketing Officer, Americas Region)
Matt Britin (President, EMAE)
Adaire Fox-Martin (President Google Cloud, Go-To Market, Head Google Ireland)
Kent Walker (President of Global Affairs, Google and Alphabet)
Philipp Schindler (Senior Vice President and Chief Business Officer)
Hiroshi Lockheimer (Senior Vice President of Platforms and Ecosystems)
Urs Holzle (SVP of Engineering)
Jen Fitzpatrick (SVP, Core Systems and Experiences)
Rick Osterloh (SVP, Devices and Services)
James Manyika (SVP Technology and Society)
Sameer Samat (Vice President of Product Management)
Alison Wagonfeld (Vice President, Marketing and CMO, Google Cloud)
Richard Marks (Director, Technical Project Lead, Google ATAP)
Sagar Kamdar (Director of Product Management)
Recognition and Awards
Products and Services
Search Engine: Google's search engine is its flagship product, allowing users to find information from billions of web pages using keywords and operators. It dominates the search engine market with its comprehensive index and user-friendly interface.
Advertising: Google generates a significant portion of its revenue from advertising. Its advertising platforms, such as AdMob, AdSense, and DoubleClick AdExchange, enable advertisers to reach their target audience through various channels, including search results, websites, and mobile apps.
Web-based Services: Google offers a suite of web-based services that have become essential for many users. These include Gmail for email, Google Calendar for scheduling, Google Maps for navigation and mapping, Google Drive for cloud storage, Google Docs, Sheets, and Slides for productivity, and YouTube for video sharing and viewing. Google Translate, Google Photos, and Google Keep are also part of its web-based service offerings.
Software: Google develops the Android operating system, which powers a large percentage of smartphones worldwide. It also offers the Google Chrome web browser and ChromeOS, an operating system based on Chrome. These software products provide users with a seamless browsing and computing experience.
Hardware: Google has ventured into hardware products as well. It launched its own line of smartphones called Nexus, which has since been replaced by the Pixel brand. Google also introduced the Chromebook, a laptop running on ChromeOS, and the Chromecast dongle for streaming content to televisions. The company's hardware lineup expanded to include the Google Nest line, which consists of smart speakers and home devices.
Enterprise Services: Google Workspace (formerly G Suite) is a collection of productivity and collaboration tools designed for organizations. It includes Gmail, Google Drive, Google Docs, Sheets, and Slides, along with administrative tools and support. Google Cloud Platform offers cloud computing services, enabling businesses to build, deploy, and scale applications.
Internet Services: Google has ventured into providing high-speed broadband internet through its Google Fiber project. It aims to deliver ultra-fast internet connections to selected cities in the United States. Additionally, Google offers Project Fi, a mobile virtual network operator that combines Wi-Fi and cellular networks for seamless connectivity.
References
- What is Google? l Business Standard
- GOOGLE STATISTICS AND DEMOGRAPHICS l Zippia
- Google Partners with Dineout l The Economic Times
- The History of Google and How It Was Invented l ThoughCo.
- Alphabet Inc. l Yahoo Finance
- Almost Everything You Need to Know About Google's History l Interesting Engineering
- Google Company Charity Work | World’s Biggest Firm, Even Bigger at Heart l Serudsindia
- Google Key Executive Team l Craft.co
- GOOGLE’S INCREDIBLE GROWTH: A TIMELINE l CNN Edition
- 7 Companies Owned by Google (Alphabet) l Investopedia
- Google’s Mission Statement and Vision Statement (An Analysis) l Panmore Institute
- Google l Britannica
- Google Overview l Wikipedia
- Google Wins “Overall Brand Of The Year” & “Ad Of The Year” Awards From Ace Metrix l Martech
- Google Mission and Vision Statement Analysis l Mission Statement
- How do Google's driverless cars work? l Alphr
- How Google (Alphabet) Makes Money: Advertising and Cloud l Investopedia
- Google Tries to Corral Its Staff After Ugly Internal Debates l The New York Times
- Google Cloud’s new AI-tools to help accelerate drug discovery, precision medicine l The Statesman
- Google Marketing Live announces Generative AI advances & tools l Exchange 4 Media
- 3 Ways to Use Google Generative AI Search l Gadgets To Use
- Google adds Generative AI tools to Google Ads l Your Story
- Microsoft vs Google: The Artificial Intelligence battle heats up l WioN
- We asked Google Bard if a global economic collapse will occur in 2023 l Finbold
- Google rolls out Magic Compose beta that uses AI to write messages l Business Standard
- Google Inc l Reuters
- Music company wants Google to delist a Wikipedia page about YouTube rippers l Techspot
- Getting AI Innovation Right Requires Policy Framework Ensuring Accountability, Trust: Google Blog l Outlook
Technology