- Parent company Alphabet’s revenue stood at Rs 9.52 lakh crore in 2018, 85% share of Google Ad
- Sundar Pichai joined Google in 2004, became CEO in 2015; After 4 years, he was also elected CEO of Alphabet
Sundar Pichai (47) was also made CEO of parent company Alphabet 4 years after being elected CEO of Google. Under Pichai’s leadership, Google’s annual ad revenue grew 85% in the last 3 years. 4.35 lakh crores in 2015, reached 8.31 lakh crores in 2018. Under the leadership of Pichai, Google is the leader in all the major trends like cloud, mobile, search and advertising, is also ahead with spending on new technology. Google’s ad business accounts for 85% of Alphabet’s revenue. The company has been consistently profitable since the last 15 quarters. Alphabet’s total revenue last year was Rs 9.52 lakh crore. In the last 4 years, the company’s stock has given more than 80% returns.
Sundar Pichai joined Alphabet’s board 2 years ago, holding 0.1% shares
Pichai also revived the company from controversies such as privacy, hate statements, misinformation and political discrimination. Ivan Fenseth, director (research) at Tigres Financial Partners, says that it was always hoped that one day Pichai would be given more responsibilities. He is the right person to lead Alphabet.
During the last 15 years, Pichai’s stature in Google grew rapidly. In the beginning, he was instrumental in developing Google Toolbar and Google Chrome. In 2014, he was given the responsibility of leading all the products and platforms of the company. Pichai became CEO of Google in 2015 and in 2017 was included on the board of directors of the parent company Alphabet. He holds 0.1% shares of the company. Now, after becoming CEO of Alphabet, his portfolio includes projects such as self-driving car subsidiary Waymo in addition to Google’s core products.
Started as a search engine 21 years ago. The company now manufactures everything from software to self-driving cars. Google is Alphabet’s largest subsidiary. Its portfolio mainly includes search engines and apps. These include Google Search, Google Maps, YouTube and Adsense. Services like Android and its associated Google-Pay is also included in this. 9 out of every 10 Alphabet employees work for Google.
Google founders Larry Page and Sergey Brin restructured Google in 2015 to become Alphabet. Google shares converted to alphabet. The company name was changed to Alphabet in the US stock market. Companies like Google Life Science, Nest Labs, Google Fiber, Google X, Google Venture, Google Capital and Waymo are Alphabet’s subsidiaries. Google X’s projects include wing drone delivery systems and self-driving cars.
Born in 1972 in Chennai, Pichai’s original name is Pichai Sundararajan, but he is known as Sundar Pichai. He received his Bachelor degree from IIT Kharagpur. Pichai won the silver medal in his batch. He studied MS at Stanford University in the US and an MBA from Worton University. In 2004, Google joined the post of Product and Innovation Officer.
No Matter How Busy, Family Should be Given Enough Time: Pichai
On Pichai’s 47th birthday, former Google employee and tech guru Siddharth Rajhans interviewed Pichai for Dainik Bhaskar. Pichai said that with every product and service of Google, we are taking care of this so that it can solve any problem of the world. Also said that no matter how busy you are, make time for your family. This is a quality that should be present in every human being.