Google grows, but less than last year

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Google grows, but less than last year

Cliff Saran

Google has reported a slowdown in its business for Q1 2014 compared with 2013.

The company posted total revenue of $15.4 billion, down 2% quarter-on-quarter.

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Revenue from the UK was $1.58 billion, representing 10% of its total revenue in the first quarter of 2014, compared to 11% in Q1 2013.

Google's other revenue streams grew 48% year-on-year to $1.6 billion, but were down 6% quarter-on-quarter.

Google said digital sales of apps and content in the Play Store drove its year-on-year growth.

In a transcript of  the earnings call posted on the SeekingAlpha financial site, Google chief business officer Nikesh Arora said: "People are now always online and they want seamless, easy experience as they move from screen to screen.

"This constant connectivity is driving our investments as people use search to navigate their world. Google is well positioned to help people navigate between web, apps and the places around them."

From an enterprise perspective, Arora highlighted the launch of Chromebox for meetings, which provides HD videoconferencing via Google+ Hangouts and Google apps.

"We are also investing significantly in the Google cloud platform," he said. "We expect to see continued momentum in this area and we believe we can bring significant value to the many companies that opt for public cloud because of our experience in building and operating one of the world's largest cloud computing environments for over a decade.

"We are able to pass on the savings that come from lower digital storage costs to our customers through highly competitive pricing."

Earlier this month, at Google's Atmosphere London conference, Amit Singh, president of Google Enterprise, discussed how businesses were using Google to become more digital. "In a digital world, everything is connected," he said. "Digital companies know how to engage with scale and information flows freely in organisations and they are highly collaborative. Data is the core of everything they do. Technology is not a silo, but an enabler to business change by being embedded in the companies."

John Lewis and Waitrose are the latest businesses to deploy Google Apps. The department store and supermarket are using Google Apps to manage information, including sharing rotas, and to get real-time updates that improve efficiency and customer service.


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