Cloud News

Google Cloud Earnings Preview: 5 Big Things To Watch For In Q3

Mark Haranas

From operating losses and sales growth to hiring freezes, here are the five biggest things to watch for during Google and Google Cloud’s third quarter financial earnings tomorrow.

Is Google Hitting Its 2022 Multibillion-Dollar Data Center Commitment?

Earlier this year, Google CEO Sundar Pichai said his company will invest a massive $9.5 billion in data centers and U.S. offices in 2022.

“Our investments in data centers will continue to power the digital tools and services that help people and businesses thrive,” said Google’s CEO in April.

Throughout 2022, Google has announced well over $1 billion in new data center projects both in America and abroad, including in Texas, Virginia and Oklahoma.

Google, Amazon Web Services and Microsoft are the top spenders on a worldwide basis in new data center spending which fuels customer and cloud growth in the geographies where new centers are built.

For example, AWS this month unveiled plans to invest $5 billion in Thailand alone to build a new AWS data center cloud region in.

What To Look For: The big three cloud players—AWS, Google and Microsoft—need to continue to invest billions in data center expansion to win over new customers of all shapes and sizes. With 2023 just months away, it will interesting to see if Google makes another bullish funding pledge specifically to data center expansion.

Mark Haranas

Mark Haranas is an assistant news editor and longtime journalist now covering cloud, multicloud, software, SaaS and channel partners at CRN. He speaks with world-renown CEOs and IT experts as well as covering breaking news and live events while also managing several CRN reporters. He can be reached at

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