Sundar Pichai the CEO of Google and Alphabet, has announced an investment of $7 billion on infrastructure and communities in 19 states across the country. Google is set to generate more than 10,000 jobs within the US this year.
With an intent to aid the economy post-pandemic, Google plans to reach out to more communities within the country. They plan to open new offices and data centers at multiple locations that create newer opportunities for small businesses. Due to the rising global data traffic amid the pandemic, Google will increase its spread to 3 new locations in 2021.
Investment in expansion
Google has allocated $1 billion towards the development of offices in its home state of California. Along with plans of creating more office spaces in the states including Washington, Atlanta, Chicago, and New York. This will enhance their progress towards a racially diverse workforce.
The reach of their networking services is set to increase in 2021. Data centers in Nebraska, South Carolina, Virginia, Nevada, and Texas are due to be completely operational this year. Along with a significant investment towards the expansion of a data center in Virginia. This will in turn increase the efficiency of the services offered by Google. Its impact will also be noticed on small-scale businesses and e-learning throughout the country.
Impact on economy
Google has constantly been working to improve its services for the customer. Several platforms including YouTube, Google Play, and Google Search generate a billion-dollar industry within the country every year. Nearly $426 billion in economic activity for more than 2 million American businesses, creators, publishers, nonprofit firms, and developers were promoted by Google’s advertising tool. The previous year also marked more than 345,000 jobs for Americans via the YouTube platform alone.
Sundar Pichai hopes to boost the economy by creating more opportunities for developers, Marketing & human resources teams, and software engineers through its Android app ecosystem. In 2020 this ecosystem supported more than 1.9 million jobs, which is in addition to the 84,000 full-time Google employees in the states.