Inside the Google Cloud–ServiceNow $1.2 Billion Partnership

Inside the Google Cloud–ServiceNow $1.2 Billion Partnership

Cloud infrastructure deals like ServiceNow's $4.8 billion pledge underline the sector’s massive financial impact.
2 Minuten

Beschreibung

vor 5 Monaten

In today's Cloud Wars Minute, I break down reports of a potential
$1.2 billion cloud deal between Google Cloud and ServiceNow, and
what it means for the ever-intensifying battle among the cloud
giants.


Highlights


00:04 — Google Cloud has just secured a massive
cloud deal with ServiceNow worth an estimated $1.2 billion over
five years. In its latest filing, ServiceNow states that it's
entered into various non-cancellable agreements with cloud
service providers, under which it is committed to spend an
aggregate of approximately $4.8 billion through 2030 on cloud
services.


00:29 — However, neither Google Cloud nor
ServiceNow would comment on the alleged $1.2 billion deal.


00:55 —This deal, although many details are yet
to emerge, serves as a great reminder of how crucial cloud
infrastructure is to leading tech companies — both those
providing cloud services and those that utilize them. Now, while
AI has dominated the headlines in recent months — perhaps we're
looking at years even — the demand for cloud infrastructure
remains consistent.


Visit Cloud Wars for more.

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