Google’s main source of revenue has always been online advertising through Google search, YouTube, and other platforms, but for a long time, the company has been trying to raise more money through additional services such as cloud and security.
“AI and Cybersecurity are two of the biggest areas where customers are investing their technology dollars,” said Ray. “Google wants to play in both areas. The main problem is that the IPO market has been really bad, this has created little new startups in the business, and makes existing companies have good sources of income as attractive targets for Wiz even in high ratings. “
Cybersecurity is one of the strategic and growing areas for companies like Google or Microsoft as every consumer, business, enterprise, and government department comes online, connected to the cloud that is undergoing digital changes, and is vulnerable to attack.
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