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- On Wednesday at its annual Google Cloud Next conference, Google announced Google Cloud for
Retail , a cloud platform to help retailers with hosting, inventory management, search, and product recommendation. - Google Cloud CEO Thomas Kurian said that he wants to focus on targeting specific verticals, like retail, finance, and health care.
- Google Cloud has partnered with companies like Bed Bath and Beyond, Kohl's, Shopify, and Target, which also compete with Amazon.
Part of new CEO Thomas Kurian's master plan for Google Cloud to improve its
On Wednesday, Google announced Google Cloud for Retail, a platform with tools to help retailers with predicting sales, recommending products with the help of artificial intelligence, and more. It's partnering with customers like Bed Bath and Beyond, Kohl's, Shopify, and Target - retailers that also compete with Amazon.
At a press briefing, Google Cloud engineers said that it's the first time Google Cloud is launching an AI product to address a business process for a specific vertical.
Kurian also emphasized that Google Cloud is building capabilities to help companies in specific industries, such as health care, media, financial services, retail, and manufacturing.
"Our work in these industries would not be complete if we didn't build our enterprise capability," Kurian said onstage Tuesday at Google Cloud's annual conference. "We at Google Cloud want to be the best partner. We believe we can do that in two important ways. The first way is bringing expertise to help you on that journey. The second is to be the easiest cloud provider to do business with."
New Features
Google Cloud for Retail will include hosting capabilities, which can help during peak traffic times like Black Friday, as well as increased support for peak times. This is important because if a website crashes during Black Friday, it can hurt a company's revenue and brand.
In addition, it will include real time inventory management and analytics capabilities to give retailers data on what products are in stock.
There's also search capabilities, including a mobile phone feature that allows customers to take photos or screenshots of products they like and use them to search for similar items sold by a retailer. Finally, it will include product recommendations to help retailers deliver personalized recommendations to customers, based on their online behavior.
"As you know, retail is in the midst of major transformation. As a retailer, we needed to innovate. We also needed to become more engineering focus. And guess what, Google has that same DNA," Ratnakar Lavu, senior executive vice president and CTO of Kohl's said onstage on Tuesday.
