Google Spends On IT - InformationWeek
IoT
IoT
Mobile // Mobile Applications
Commentary
4/4/2005
06:16 PM
Thomas Claburn
Thomas Claburn
Commentary
Connect Directly
LinkedIn
Twitter
Google+
RSS
E-Mail
50%
50%

Google Spends On IT

Google is upping its IT ante. In its latest financial filing, the company anticipates it will "spend over $500 million on property and equipment, including information technology infrastructure, to manage [its] operations during 2005," assuming suitable property and equipment are available. That's significantly more than the $176.8 million the company spent on capital ex

Google is upping its IT ante. In its latest financial filing, the company anticipates it will "spend over $500 million on property and equipment, including information technology infrastructure, to manage [its] operations during 2005," assuming suitable property and equipment are available.

That's significantly more than the $176.8 million the company spent on capital expenditures in 2003 and the $319.0 million it spent in 2004.In a recent report, the Susquehanna Financial Group says one area of investment will be storage, to accommodate the company's growing commitment to users of its free Gmail service.

The report notes that Google is trying to widen its lead over competitors, who will now have to decide whether they are underinvesting.

Yahoo certainly seems to be. Its capital expenditures totaled $52 million, $117 million, and $246 million in 2002, 2003, and 2004, respectively. The company's most recent 10-K points to increased IT spending in 2005, though it doesn't offer an estimate. It's difficult to say how much Yahoo will have to spend to keep up, but with Google's 2005 estimate running twice what Yahoo spent in 2004, it seems likely that someone at Yahoo is going to be writing a lot more checks.

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
How Enterprises Are Attacking the IT Security Enterprise
How Enterprises Are Attacking the IT Security Enterprise
To learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Register for InformationWeek Newsletters
White Papers
Current Issue
2017 State of the Cloud Report
As the use of public cloud becomes a given, IT leaders must navigate the transition and advocate for management tools or architectures that allow them to realize the benefits they seek. Download this report to explore the issues and how to best leverage the cloud moving forward.
Video
Slideshows
Twitter Feed
InformationWeek Radio
Archived InformationWeek Radio
Join us for a roundup of the top stories on InformationWeek.com for the week of November 6, 2016. We'll be talking with the InformationWeek.com editors and correspondents who brought you the top stories of the week to get the "story behind the story."
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll