On Thusday, Google Cloud announced its intent to acquire Looker for $2.6 billion, and analysts say that’s it’s about time that Google Cloud moves into the artificial intelligence and analytics space.
Although Google Cloud has its own analytics offerings, Looker brings in more enterprise features in data visualization and AI.
Analysts also point out that Looker can run on multiple clouds, including Microsoft and Amazon Web Services, and this is an important part of Google Cloud’s strategy under CEO Thomas Kurian.
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Google Cloud announced on Thursday its plan to acquire Looker for $2.6 billion, and experts say the deal could give it a leadership position in data analytics — giving Google an edge as it competes against Microsoft, Amazon Web Services, and legacy companies like Oracle, IBM, and SAP.
Looker provides data analytics for businesses. Google Cloud has similar offerings of its own — like BigQuery, Data Studio, and Cloud ML Engine — but analysts say that Looker adds more tools to their arsenal.
“It gives them a more strategic play in the AI and analytics space,” Maribel Lopez, founder and principal analyst at Lopez Research, told …read more
Source:: Businessinsider – Technology