Topshiriq-1 swot and pest analysis Google The Google logo used since 2015 Google's headquarters, the Googleplex Formerly
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assignment 1
- Bu sahifa navigatsiya:
- Formerly Google Inc. (1998–2017) Type
- Area served Worldwide Key people
- Number of employees 190,234 (2022) Parent
- High Revenue
- Rapid Growth
- Overdependence on Advertisement
G: 114-19 Umarova Muyassar TOPSHIRIQ-1 SWOT and PEST analysis
Then-CEO and former Chairman of Google Eric Schmidt with co-founders Sergey Brin and Larry Page (left to right) in 2008 SWOT Fun Fact: Google was originally named BackRub It has completely transformed the global economy. Corporations, customers, consumers and just about anyone can now easily access business information anytime and anywhere. Google’s Strengths King of the Online Search: Google is the undisputed king of the online search engine department. Statista reports that in July 2020, Google has a market share of 86.86% in desktop searches worldwide. Unbeatable: Till now, no competitor has come close to challenging its position. Next close competitors of Google are Bing (with 6.43%), Yahoo (with 2.84%) and Baidu (with 0.68%) Most Valuable Brand: Google is a highly recognized brand in the world. According to Forbes, “the world’s most valuable brand list,” Google is ranked at # 2 position after Apple. Brand Valuation: In 2019, the brand value of Google is $207 Billion Search Queries: This powerful brand processes more than 40,000 search queries per second on average, which is equivalent to about 3.5 billion searches per day. It is the biggest traffic generator and has a clear advantage over its competitors such as Bing, Yahoo, Baidu. High Revenue: The huge revenue of $161.86 Billion (2019) that Google has garnered through advertisement has ensured its growth. Adaptability: Google has successfully adapted mobile and Android technologies, giving it potential to compete directly with Apple’s iPhone. Rapid Growth: Google is one of the fastest-growing companies in the world. In 2001, the company had fewer than 300 employees; then it increased 10-fold to 3000 in 2004, it grew 10-fold again to 32,470 in 2011,nowadays its about 190,234 Google’s Weaknesses Privacy policies: Google has been slammed by many experts for its excessive reliance on privacy, especially when it comes to hiding information about algorithms. The company has since taken steps to address the allegations. Overdependence on Advertisement: Google’s overdependence on advertising has increased speculations regarding the company’s future. In 2019, the company made 83.9% of its total revenue from advertisement related projects. Advertisement space is highly competitive Download 259.03 Kb. Do'stlaringiz bilan baham: |
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