Google pushes cloud computing development

Online search giant Google is stepping up its cloud computing strategy, competing with strong rivals such as international e-commerce group Amazon and software maker Microsoft.

Cloud computing technology.

In an announcement on December 3, Google confirmed that after the testing phase, the basic computing engine built on the company's cloud computing platform is "ready" and has a price 10% lower than the general market price and data storage costs up to 60% lower.

In the next phase, the group aims to increase customers' profits through technical and technological improvements, said Ari Balogh, a computer expert at Google.

Cloud computing is one of the fastest growing areas in the technology industry, allowing companies to store data and deliver services from a cloud provider without having to set up their own servers.

Customers using Google's cloud computing technology include social network Snapchat and Rovio, creator of the online game "Angry Birds."

Following Google's announcement of stepping up its efforts to penetrate the Internet "cloud", the share price of Amazon, the company's major competitor, fell 2% to $384.38, while the share price of Rackspace, another major competitor of the company, fell 5.5% to $35.43.

According to Baomoi.com