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Google's impact of globalization
Introduction on the history of google
The evolution of google
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In 1995, the founders of Google, Larry Page and Sergey Brin met at Stanford. A year later in 1996, Larry and Sergey began collaborating on a search engine called BackRub. Backrub operated on the Stanford servers for more than a year before taking up too much bandwidth. The following year, on September 15th, 1997, Google.com is registered as a domain. The founders created Google with a mission in mind, to organize a seemingly infinite amount of information on the web. The name itself is a representation of this mission, Google is a play on the word “googol" a mathematical term for the number represented by the numeral one followed by 100 zeroes (“Our history”).
The next year, 1998, Brin and Page composed the text that established their search
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According to the International Business Times, analyst, Colin Gillis of BGC Partners in a research note, that Google will reach a 13 figures by 2020, if not sooner. Gillis notes in his research that “Google is positioned to be the first company on the U.S. listed stock exchange to have a market capitalization exceed $1 trillion”. He attributes this fast paced growth to Google’s investments in technological advancements such as: robotics, machine learning and self-driving cars (Hellack, 2014). In a five-year span, from 2010, the lowest price a Google stock share was $237.20, four years later, to 2015, the stock has tripled to a price of $756.60 (Alphabet …show more content…
They hire people who are smart and determined, who favor ability over experience. Google feels that their employees “hail from all walks of life” and speak dozens of languages, reflecting the global audience that they serve (“Our culture”). With a global audience, also must come an international business. A company that once started in a dorm room, later moving to a garage. Since then they have moved their headquarters to Mountain View, California, creating the “Googleplex” in 2004. Today Google has more than 70 offices in more than 40 countries around the globe (“Google locations”). In the book Google Model: Managing Continuous Innovation in a Rapidly Changing World by Annika Steiber, she describes how Google succeeded in achieving a rapid growth while retaining its innovative energy. This rapid growth and success Google keeps alive while other companies fell short and lost traction. However, with rapid growth and innovations changed the rules of the game for entire industries, causing “disruptions” in the advertising world with AdWords, the television industry with YouTube, and the cellphone/mobile technology industry with
Google Analytics data collected on behalf of Peg and Kris, LLC for the company’s website domain, www.pegandkris.com, suggests that the company needs to change its current online marketing plan (Google Analytics, 2016). Weaknesses revealed by the data included overall low sales conversions, insufficient sales from social media and email campaign groups, and an usually high amount of sales conversions occurring on a desktop computer despite a larger number of visitors from mobile devices. Strengths included a sufficient number of visitors to the website and decent purchasing behavior from return customers (Google Analytics, 2016).
Google is a well-known free net-search service that millions of people use around the world every day. Every time we don’t know the answer to something right away we take out our smart phones from our pockets and google it. The possibility to be able to google in a search engine is all to co-founders Larry Page and Sergey Brin. Google was created in September 1998. The website can be used in 120 different language and more. It has 97% revenue in advertisement, making almost all of its profit on advertisement. Google is valued at USD $100 billion, first company to be known to be valued at this amount. The company was started up from a garage in Menlo Park, California.
How Google analytics can help a small company utilize their web data to increase and target sales to a particular region.
“Google Inc. is an Internet giant with a record $22.9 billion in advertising revenues in 2009 and the indisputable leader in Internet search,” (Unrealist, 2014). Within the industry of Internet Information Providers, Google, Inc. is ranked number one over Yahoo!, MSN, and Facebook, Inc. The majority of Google’s revenue comes from advertising sales. Google has many competitive advantages over other search engines in its industry.
...as not only been reliable when it arises to offering a product of the highest and excellence, nonetheless is also continually developing, adjusting, but more meaningfully revolutionizing the industry. Also, what creates Google’s invention so matchless in assessment to its challengers is the attention that it offers to consumer requirements in order to offer a consistent and difficultly substituted the product rather than concentrating on exploiting its profit with each given chance which may cooperation the quality of its search consequence its product. Having examined the company’s internal and external environment it is obvious that Google earnings care and attentions even to the smallest detail to guarantee that it will be the leading company between many other online search engines and has been able to create loyal customers that are continually growing.
The leaders of Google have well understood the means to make Google’s company different to the other companies. They established since the beginning an original way of work, controlling the recruitment of the new members, and imposing their vision on the employees.
Googleplex is the new Google’s headquarters located in Mountain View, it was built with an informal culture and referred to as a rambling corporate campus by Eric Schmidt during his inaugural meeting. It has exercise balls which were re-purposed as movable office chairs; desks which were made out of wooden doors; and dogs that were permitted at work. In addition, top chefs were hired to provide free meals for all employees. Others are on-site health and ...
Google was founded by two University of Stanford graduate students Larry Page and Sergey Brin. Their main objective of founding the company was to be able to retrieve specific data from massive amounts of information. The two developed a proprietary technology that would become the ultimate search engine. Initially the pair worked out of their dorm room, then a garage, and once they had quickly outgrown these "facilities" they had moved on to a much larger facility where they reside to this day. It seemed to be a matter of time before they had conquered the continental United States, and had begun to eye the lands across the pond.
Google Inc. is a company that started in 2002 and has gradually grown to become an international technology company. Google’s business is mainly focused around vital areas, like advertising, search, operating systems and platforms, hardware products and enterprise. The company produces its revenue mainly by distributing online advertising. Google also produces revenue from Motorola through selling products. The company offers its services and products in over 100 languages and in over 50 regions, territories and countries.
Google continues to grow and innovate. Google focuses on the user and all else will follow. Since the beginning, they have focused on providing the best user experience possible, and take great care to ensure that they will ultimately serve their customers(Google.com n.d.). In relation to market development and product development the core values “Its best to do one thing really, really well (Google.com n.d.),” fits in with these strategies. “You don’t need to be at your desk to need an answer (Google.com n.d.),” describes Goggle’s innovation to mobile platforms. “The need for information crosses all borders (Google.com n.d.).” Google company has grown and has offices in more then 60 countries, maintaining more then 180 internet domains, and serve more then half of their results to people outside of the United States, and this relates to concentrated growth strategy. “Great just isn’t good enough(Google.com n.d.).” Google continues to strive to reach for better ways of doing things, through innovation and integration, continue to improve things in unexpected ways (Google.com n.d.).
Eliminating friction at every turn: ensuring change can happen quickly and efficiently Google’s approach to innovation is highly improvisational. Any engineer in the company has a chance to create a new product or feature.
Google is a multi-billionaire company that was founded by Larry Paige and Sergey Brinn in September 1998. Google housed more than 40,000 employees and it is now still increasing. In 2014, the company has 53,600 employees. There are several products created by Google, some of the well-known are Google Search, Google Scholar and Google App.
2009 was a negative period for the United States economy. A big recession hit the country, and the founders of Google were trying to make a plan in order to make to limit the damage caused by an economic decline. Brin and Page the two creators of the giant Google were shocked form the situation that was occurring. Their company was feeling the effect of the economic downturn. Google’s stock price dropped 51 percent. The two entrepreneurs were trying to figure out a way to keep the company from drowning. Google main problem was how to maintain the culture that made the company successful in the previous two years. Some consequences that the company had to face was eliminating products that
Employee focus (Google has a unique culture and policies to promote innovation. The company strives to employ the most qualified applicants and reward the greatest contributors, in order to promote good performance and facilitate hiring and retention)
This definition has extended the power of the theory to explain different types of disruptive innovations across a wide range of industries (Schmidt and Druehl, 2008).