Partners applaud Googles decision to hire an outsider in Kurian, who was able to position the company as a new global cloud contender in just a few short years. Welcome to Turian House, a well kept high rise, featuring attractive updated studio, 1 and 2 bedroom apartments! When Carrie Tharp joined Google Cloud as vice president of Retail and Consumer in August 2019 from Neiman Marcus Group, it was a little bit of what I call, from my industry experience, kind of the bright, shiny object syndrome of, Hey, can Google do something cool for me in this space? and TBD if that was scalable or sustainable to do from a partnership perspective, said Tharp, a former chief digital and marketing officer for the retailer. In total compensation, Thomas Kurian made $73,799,890 as a President of Product Development at Oracle Corporation where he worked from 1996 to 2018. We also thank you, our readers, for subscribing to our newsletters and reading our stories. Macroeconomic challenges like inflation and supply chain issues are making successful money and cash flow management even more challenging. The cloud unit now accounts for more than 25% of Alphabet's full-time workforce, CNBC reported earlier this year. Early life [ edit] Thomas Kurian was born to P.C. We're the only cloud that I'm aware of that purposefully enables computation and analytics over other public clouds, Grannis said. We launched Protocol in February 2020 to cover the evolving power center of tech. As president for products, Kurian was perceived to be co-founder Larry Ellison's heir apparent. Customers can continue to use their Google Cloud spending commitment on channel partner and ISV solutions. Though Google Cloud remains a distant third to AWS and Microsoft Azure in the cloud computing race, with a 10% share of the worldwide cloud infrastructure services market, according to Synergy Research, thats up from 7% in 2019, and theres plenty of room for further growth. And his results speak for themselves. In January, Google Cloud disclosed its purchase of Israeli startup Siemplify, a security orchestration, automation and response provider, for a reported $500 million, and said it would integrate its capabilities into Chronicle, its security analytics platform. [3] At the age of 17, along with George Kurian,[4] he moved to the United States. At the time, AWS was attempting to add some open source MongoDB database software capabilities into its DocumentDB service. Were you surprised by anything? In late 2007, Michael McCurdy decided to bring his years of construction experience together to form McCurdy Construction in Arizona. Established in 2007. It unified sales, technical account management, professional services and customer success personnel under two teams: Kirsten Kliphouse leads the Americas team, and Adaire Fox-Martin heads the team covering Google Clouds other international territories. [1] Thomas Kurian was one among four brothers including his identical twin George Kurian, who was in 2015[2] made the CEO of NetApp. "There's 100 different projects that have gone on to optimize resource consumption.". Google. His rulings have made smart references to "The Big Lebowski," "Dr. Strangelove," and "SNL" parodies of the McLaughlin Group. Intuit also has constructed its own systems for building and monitoring the immense number of ML models it has in production, including models that are customized for each of its QuickBooks software customers. Sharing financial data across providers can enable a customer (individual or business) to have real-time access to multiple bank accounts across multiple institutions all in one platform, saving time and helping consumers get a more accurate picture of their own finances before taking on debt, providing a more reliable indication than most lending guidelines currently do. Google Cloud currently has a multibillion-dollar backlog, meaning there is a significant amount of money on the table for partners to capture. Despite these technological advances, 22% of American adults fall in the unbanked or underbanked category (source: Federal Reserve). I think that the best AI will be a build plus buy., If you go with a vendor, you drive their road map, you work with them and drive their road map, but youre dependent upon their road map versus your own internal software development lifecycle.. [19], On September 6, 2018, Kurian announced he was taking extended time off from the company. The restated numbers show the cloud unit had a $186 million operating loss in the fourth quarter, compared with $480 million before the change, for example. We are of significant enough scale that we, of course, have good purchasing economics of things like bandwidth and energy and so forth. It will be the second re:Invent with CEO Adam Selipsky as leader of the industrys largest cloud provider after his return last year to AWS from data visualization company Tableau Software. This idea that people can't understand it that's wrong. He supervised groups building Oracle's cloud computing software. Out of the total compensation, he received $800,000 as a salary, $3,612,553 as a bonus, $69,380,000 as stock options, and $7,337 from other types of compensation. It makes a ton of sense for both Google Cloud and partners because Mandiant brings a platform that looks across the entire security life cycle. Aruba, a Hewlett Packard Enterprise Company, AMD & Supermicro Performance Intensive Computing, highly differentiated partner-led strategy, Thomas Kurian: Why Google Cloud Bests AWS, Azure In The Channel. So there is zero channel conflictzero channel conflict, Kurian said. The financial technology transformation is driving competition, creating consumer choice, and shaping the future of finance. All of our newsletters, apart from our flagship, Source Code, will no longer be sent. join the inaugural Financial Technology Association Fintech Summit to learn more, AWS CEO: The cloud isnt just about technology, Why large enterprises struggle to find suitable platforms for MLops. And Kirsten Kliphouse, who was the cloud group's president of Americas, left in 2023 after four years at the company. In one of the largest acquisitions in Googles history, the company has signed an agreement to acquire Mandiant for $5.4 billion, a deal expected to close later this year. Overall, the execution has been great. Join us as we discuss how to shape the future of finance. We are embracing co-opetition, Ichhpurani said. You can have integrated identity access management, etc.you basically removed the buying friction of the model, said Ichhpurani, corporate vice president of global partner ecosystem and channels at Google Cloud. Like other large enterprises that have invested in ML for years, Southeast Asias banking giant DBS has had to build in-house to manage its data analytics and the 400-plus ML models it runs for things like personalized banking, said Sameer Gupta, group chief analytics officer and managing director. So we're very committed to providing hybrid capabilities, including running on premises, including running in other clouds, and making the world as easy and as cost-efficient as possible for customers. What is open finance? Google Clouds biggest challenge right now is expanding globally, according to Kurian. Data centers power Google Clouds infrastructure. Financial technology is breaking down barriers to financial services and delivering value to consumers, small businesses, and the economy. Despite these technological advances, 22% of American adults fall in the unbanked or underbanked category (source: ). And he said that while some MLops systems can manage a larger number of models, they might not have desired features such as robust data visualization capabilities or the ability to work on premises rather than in cloud environments. He said Kurian was another factor in why it selected Google over AWS, Azure and Oracle's cloud. The lawyer's fundamental job is to take super complex and technical things and boil them down to very easily digestible arguments for a judge, for a jury, or whoever it might be. Companies hawking MLops platforms for building and managing machine learning models include tech giants like Amazon, Google, Microsoft, and IBM and lesser-known vendors such as Comet, Cloudera, DataRobot, and Domino Data Lab. IBM has responded to that reality by allowing clients to use its MLops pipelines in conjunction with non-IBM technology, an approach that Thomas said is new for IBM. That is the biggest gap in the tech industry right now, said Nicola Morini Bianzino, global chief client technology officer at EY. These targeted, industry-specific products comprise one area where that work with customers pays dividends: The Home Depot helped Google Cloud build Retail Search. Donna Goodison (@dgoodison) is Protocol's senior reporter focusing on enterprise infrastructure technology, from the 'Big 3' cloud computing providers to data centers. He was born in Kerala, India. The company has had hundreds of its senior engineers sponsor important customers so they could see how their products are being used and understand what needs to be changed. DBS has incorporated open-source tools for coding and application security purposes such as Nexus, Jenkins, Bitbucket, and Confluence to ensure the smooth integration and delivery of ML models, Gupta said. When Enslin left Google Cloud in May to become co-CEO of UiPath, Google Cloud decided to streamline its sales and customer success organizations to consolidate points of contact for customers. We don't talk about the primitive capabilities that power that, we just talk about the capabilities to transcribe calls and to extract meaning from the calls. Many partners have said they expect a sizable portion of their overall Google Cloud sales to come via the marketplace in the years ahead. After the meeting, Grannis found himself alone in the elevator with Kurian and they rode down silently. Innovations in payments and financial technologies have helped transform daily life for millions of people. But they had no real idea how to build, market and sell them to the business world. That's a pretty big indicator of how committed we are to multicloud. Dr. Thomas M. Kurian is a pediatric neurologist in Santa Clarita, California and is affiliated with Henry Mayo Newhall Hospital.He received his medical degree from St. George's University School . It's building more data centers, expanding its products, and investing in its sales team . We talked about Connect, our contact center solution, and we've also built services specifically for the healthcare industry like a data lake for healthcare records called (Amazon) HealthLake. Lenders can better serve their borrowers with more data and better math. What we're seeing is three areas really coming together: You've got databases, analytics capabilities, and machine learning, and it's sort of like a Venn diagram with a partial overlap of those three circles. As they walked toward the parking lot, Grannis, who was then a managing director, introduced himself, and they began talking about a container-management technology called Kubernetes. The Office of the CTO also plays a larger role today in emerging themes, ensuring Google Clouds road map and investments are well-tuned over time so the cloud provider can meet customers where they want to be in the future. Kurian is hiring thousands of net-new employees each year, launching new cloud innovation at a blistering pace, and elevating Google Clouds channel ecosystem unlike ever before. One of the biggest of those is Amazon Connect, which is our contact center solution. Do you ever see a cloud environment where customers could easily run say your machine learning services and Google's data offerings and Microsofts X offerings as one big tech stack easily? We've really, really transformed, and most of our largest customers have been super successful in adopting and using cloud through the work they've done with us.. Next Kurian took responsibility for the Oracle Fusion Middleware product family. He also helped in the transformation of Oracle's products with the introduction of leading suite of Cloud Services, led 60 software acquisitions and Oracle's 45 Cloud data centres. Like many tech executives, Alphabet CEO Sundar Pichai and Chief Financial Officer Ruth Porat have said its early innings for the cloud, and the company remains committed to a longer-term path to profitability, with increased scale expected to erode the losses over time. RPM has been in business since 1970 providing music . Despite privacy, ethics, and bias issues that remain to be resolved with AI systems, the good news is that as larger datasets become progressively easier to interconnect, AI and related natural language processing (NLP) technology innovations are increasingly able to equalize access. Theyre going to have a soup-to-nuts experience, he said. Obviously, energy prices are high at the moment, and so there are some quarters that are puts, other quarters there are takes. It's a huge opportunity and a huge problem. Lawyers are trying to take different frameworks from one topic and apply them to another, and then convince you that that is or is not appropriate. Bennett is originally from Portland, Maine, and received his bachelor's degree from Colgate University. you accept our use of cookies. There was another prosecutor, Christopher Brown you know, the other Chris Brown and he had taken an interest in this when we were both working on financial crime in the Washington, D.C. U.S. Attorneys office. People who are unbanked often rely on more expensive alternative financial products (AFPs) such as payday loans, money orders, and other expensive credit facilities that typically charge higher fees and interest rates, making it more likely that people have to dip into their savings to stay afloat. "I'd like to understand how we can improve the experience for developers.". They all need to work in one coherent fashion, right at the point of client engagement.. Bennett Richardson ( Thomas has impacted that ability from a product offering that the customers have a front seat at what that looks like. "His personal engagement, his knowledge of our intentions and our desires and, candidly, his personal problem-solving skills," Flaks said, "distinguished Google Cloud in this process.". Overall, we see fintech as empowering people who have been left behind by antiquated financial systems, giving them real-time insights, tips, and tools they need to turn their financial dreams into a reality. In other cases, just the fact that we have things like our Graviton processors and run such large capabilities across multiple customers, our use of resources is so much more efficient than others. The auditing firm has thousands of models in deployment that are used for its customers tax returns and other purposes, but has not come across a suitable system for managing various MLops modules, he said. We continue to both release new services because customers need them and they ask us for them and, at the same time, we've put tremendous effort into adding new capabilities inside of the existing services that we've already built. Thomas Kurian, Google Cloud - Rs 10,600 crore A force to reckon with in the tech space, Thomas Kurian amassed a net worth of Rs 10,600 crore in 2019.. I, personally, have just spent almost five years deeply immersed in the world of data and analytics and business intelligence, and hopefully I learned something during that time about those topics. Creating new analytics capabilities that many times didn't even exist before and running those in the cloud. The Financial Technology Association represents the innovators shaping the future of finance, whether its streamlining online payments, expanding access to affordable credit, giving small businesses and creators the tools for success, or empowering everyday investors to build wealth. The way you do it is you industrialize make it repeatable, make it easy to buy, make it easy to configure, and get the best possible advice while youre doing it so that every customer can benefit from Google-Cloud-plus-Mandiant security expertise to be able to deploy the most secure posture imaginable and leverage those benefits without necessarily having the best security folks in-house, said Safoian. he even better news is that this democratization is taking multiple forms. Mike likes to work closely with his clients to come up with the best . We are almost never in a pursuit or engagement alone. That included sharpening its strategy by focusing on infrastructure, data analytics, cybersecurity, collaboration and communication, as well as industry-specific products and services; installing the people, systems and processes needed to execute the vision and support growth, including a tripling of its salesforce; and transforming its culture. Data is a real-time snapshot *Data is delayed at least 15 minutes. In 2021, Google said it was lowering the percentage of revenue it keeps in marketplace deals to 3% from 20%. A lot of what we were investigating was related to following the money and so she wanted us to be this multidisciplinary unit.Thats how we started out with our Bitcoin StrikeForce, or so we called ourselves. As of today, we will not publish any more stories. But I have to say, we started with the goal of wanting to make T-shirts, and we never did that while I was there. For example, we see the impact this is having on large players being forced to drop overdraft fees or to compete to deliver products consumers want. Home Depot said it was adopting Google's public cloud in 2016, while Greene was CEO. Moreover, when coupled with NLP technologies, even greater democratization can result as inexperienced investors can interact with AI systems in plain English, while providing an easier interface to financial markets than existing execution tools. Open Banking platforms like Klarna Kosma also provide a unique opportunity for businesses to overlay additional tools that add real value for users and deepen their customer relationships. That's what good lawyers will always do. But enterprise clients want an easy button to buy a solution, and so I think there's still room to work on that.. More startups than ever are building innovative new businesses in AWS. Google Cloud technology chief Will Grannis said Kurian's commitment to improving the division's offerings was evident right away. Prior to joining Protocol in 2019, he worked on the business desk at The New York Times, where he edited the DealBook newsletter and wrote Bits, the weekly tech newsletter. One of the Birmingham area's hidden gems, the Alabama Booksmith is a unique delight for book-lovers and collectors alike . Only in the vicinity of 10% of IT has moved to the cloud. They are very, very driven to grow in the marketplace, and I enjoy that energy because we grow together., Build the customer base. Thats been a lot of the focus these last three and a half years. The expansion has been costly. ", "New World Pioneers. The analytics tool, which allows users to access and securely analyze data across clouds, is built around BigQuery, the 11-year-old serverless data warehouse thats the centerpiece of Google Clouds data and analytics suite. So theres a huge, huge opportunity for partners. And existing clients have gone deeper with Google. There's no one-size-fits-all solution to what customers want. Can you talk about why you brought Dilip Kumar, who was Amazon's vice president of physical retail and tech, into AWS as vice president applications and how that will play out? [18] He was also the fifth highest-paid tech executive in 2010. There are areas of each which are arguably still independent from each other, but there's a very large and a very powerful intersection of the three to the point where we've actually organized inside of AWS around that and have a single leader for all of those areas to really help bring those together. Prior to POLITICO, Bennett was co-founder and CMO of Hinge, the mobile dating company recently acquired by Match Group. He also holds a doctorate in engineering from the University of Oxford. We are excited about this future. [13] Kurian served as a member of Oracle's executive committee for 13 years. Kurian's focus has included developing product road maps, introducing new pricing models, bolstering customer service and becoming more efficient with its infrastructure, a key to saving money. [5][6] He also pursued an MBA from Stanford Graduate School of Business. As part of its objective to create the best end-to-end security offering in the industry and continue to take sales to new heights, Google Cloud is revamping the Google Cloud Marketplace, allowing channel partners to resell independent software vendor (ISV) solutions on the marketplace. That youthful mindset is helping Google Cloud differentiate itself in the Cloud Wars through a . 1. A vendor may not have all the capabilities [we] need. What I believe is most important and what we have honed in on at Zest AI is the fact that you cant change anything for the better if equitable access to capital isn't available for everyone. We hope you have enjoyed our work. In its broadest sense, Open Banking has created a secure and connected ecosystem that has led to an explosion of new and innovative solutions that benefit the customer, rapidly revolutionizing not just the banking industry but the way all companies do business. But head count has continued to grow, as has the company's roster of large customers. Its one integrated bill. He has reorganized the sales team to align with Sales practices of enterprise clients.[24]. We see the benefits of open finance first hand at Plaid, as we support thousands of companies, from the biggest fintechs, to startups, to large and small banks. And those benefits have been dramatic for years, as evidenced by the customers' adoption of AWS and the fact that we're still growing at the rate we are given the size business that we are. And then in March, Google Cloud announced a $5.4 billion deal to acquire Mandiant and its extended detection and response SaaS platform to help round out a full-service approach to security that, in addition to Chronicle, also includes Google Cloud Armor, its network security service that provides defenses against DDoS and application attacks, and BeyondCorp Enterprise, its zero-trust identity and security platform. The cloud provider has announced 19 new cloud regions since he joined. Innovations in payments and financial technologies have helped transform daily life for millions of people. "You will see us. AWS now has more than 200 services, and Selispky said its not done building. We spent a lot of time talking through and helping each part of our organization understand how the technology that they're building, how the role they have whether it's in data center operations or sales eventually meets at the customer, and how [we are] making the customer successful.. A few examples include: Mobile wallets - The unbanked may not have traditional bank accounts but can have verified mobile wallet accounts for shopping and bill payments. We've already got a basis and the foundation to work on.. "I think we . Google Cloud CEO Thomas Kurian focused on new partnerships, recent customer wins and new tools for multi-cloud environments, hybrid work, cybersecurity and edge infrastructure in his keynote . You can review our privacy policy to find out more about the cookies we use. We have a managed Kubernetes service, Elastic Kubernetes Service, and we have a distribution of Kubernetes (Amazon EKS Distro) that customers can take and run on their own premises and even use to boot up resources in another public cloud and have all that be done in a consistent fashion and be able to observe and manage across all those environments. For instance, Hollman said the company built an ML feature management platform from the ground up. He was responsible for leading all aspects of product strategy, software development, and delivery of Oracle's software product portfolio including Oracle Database, Oracle Fusion Middleware, and ERP, CRM, and supply chain. But the ways Faruqui has weighed on cases that have come before him can give lawyers clues as to what legal frameworks will pass muster. AWS has more than 200 services now. Google Cloud CEO Thomas Kurian, right, arrives on stage as Alphabet CEO Sundar Pichai exits during the Google Cloud Next event in San Francisco on April 9, 2019. Bennett began his career in digital and social brand marketing working with major brands across tech, energy, and health care at leading marketing and communications agencies including Edelman and GMMB. Thomas Kurian is ready to make his move. When people can easily switch to another company and bring their financial history with them, that presents real competition to legacy services and forces everyone to improve, with positive results for consumers. As an example, the National Consumer Law Consumer recently put out a new report that looked at consumers providing access to their bank account data so their rent payments could inform their mortgage underwriting and help build credit. (Australian airline) Qantas, for example, is using AWS to do advanced analytics on flight paths fuel-efficient flight paths, given wind conditions and what their flight paths should be and they actually project they're going to save $40 million a year, in addition tolowering their carbon footprint through better fuel efficiency. Infrastructure, data and analytics, and cybersecurity are typically the top three reasons why organizations choose Google Cloud, according to Kurian. "It's one thing to provide the capability of the cloud, a set of interesting technical capabilities. Feb 13 The business impact of cybersecurity threats has every company rethinking its security posture. AI can be used to provide risk assessments necessary to bank those under-served or denied access. The plan to continue growing the Google Cloud Marketplace is to make it the most open cloud marketplace in the industry, regardless of whether solutions listed on the marketplace are competitive or complementary to Google Cloud, according to Ichhpurani. That loss was cut to $3.1 billion by the end of 2021 thanks to 47% year-over-year Google Cloud revenue growth and Alphabets decision to extend the operational life of its servers and certain network equipment by a year. He brought a rigor around enterprise and industry-based selling. The internet economy is just beginning to make a real difference for businesses of all sizes in all kinds of places. We could not be prouder of, or more grateful to, the team we have assembled here over the last three years to build the publication. [23] During his first year at Google, Kurian focused on selling G Suite applications to enterprise clients. Most notably, I remember their approach to terms and conditions, customer engagement practices, said Daniel Grider, the chains vice president of Technology and head of Infrastructure and Operations. Being able to crunch that much data in just a few minutes was really a game-changer, he said. Some examples of differentiated cloud security innovation driving customer wins include its zero-trust enterprise platform BeyondCorp, the companys large portfolio of data protection solutions, and Google Clouds open strategy of allowing customers to not only protect workloads that run in Google Cloud, but also in their own enterprisethanks to Kurian forming partnerships with cybersecurity heavyweights Palo Alto Networks and CrowdStrike, to name a few. Kurian stopped by a Google office in Sunnyvale, California, and was introduced to employees. With that growth in mind, partners hail Kurian as one of most important executives that Google Cloud has ever hired. It's pretty amazing in a very short period of time.. Trying to build your own ML platform from scratch is a big undertaking.. As companies expand their use of AI beyond running just a few machine learning models, ML practitioners say that they have yet to find what they need from prepackaged MLops systems.

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