There are a few companies like Google which can match its grown rate. Offering most of its products and services free of cost, Google still makes billions. Already having quite a lot of services and products and still adding to the list, Google looks hungry even now.
So what all things does Google have on offer?
- Social Networking
- Digital Photo Management
- Document Creators
- Telecom, Wireless
It has acquired more than 47 companies till date. This is in the period from 2001 to 2007. Google looks right on target to become a dominating force on the internet. It is making the right moves at the right time with the right business strategy to make most of what it is spending.
Google still generates a major chunk of its revenue from advertising. This might or might not be the major revenue stream in the coming years but will provide it with the necessary financial strength.
While it keeps giving nightmares to established companies in various sectors including, Software, Telecom and Media etc., Google still allows millions of people use its simple but powerful products and services for free.