Please ensure Javascript is enabled for purposes of website accessibility

Google Turns Cloud Next 2020 into a Virtual Conference Due to Coronavirus

By Rich Duprey - Mar 3, 2020 at 9:38AM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Alphabet's three-day gathering attracts tens of thousands of attendees, but this time, the event will be live-stream only.

The continuing spread of COVID-19 has led Alphabet's (GOOG -1.29%) (GOOGL -1.34%) Google to cancel one of its annual conferences for IT professionals and developers that was scheduled to begin on April 6.

Last year's Google Cloud Next event drew 30,000 attendees, but "out of an abundance of caution for the health and safety of our customers, partners and employees," the tech giant has transformed the three-day conference for this year into a virtual event and webinar.

Trade show crowd

Image source: Getty Images.

Taking cloud talk to the cloud

The Cloud Next conference is one tool that Google uses to woo developers to its services, which in turn helps it to compete with Microsoft's Azure and the market-leading Amazon Web Services. Alphabet has been trying to diversify its revenue stream away from advertising, and cloud services offer it one of its clearest opportunities, as it already operates massive data centers that allow it to easily take on more clients.

Participants in the streaming event will be able to freely tune in to the keynote speakers, breakout sessions, and educational classes that are scheduled. Another Alphabet developers conference, Google IO, scheduled to be held in Silicon Valley in May could also be shifted to an online-only event. The company says it will monitor the COVID-19 outbreak and make decisions based on how the situation evolves.

Other companies have begun canceling in-person events or switching them to online sessions. Target opted to make the financial update session it had scheduled to follow its earnings call today an online-only event, and Facebook last week canceled its annual F8 software developer conference.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Alphabet Inc. Stock Quote
Alphabet Inc.
$2,186.26 (-1.29%) $-28.65
Alphabet Inc. Stock Quote
Alphabet Inc.
$2,178.16 (-1.34%) $-29.52

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning service.

Stock Advisor Returns
S&P 500 Returns

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 05/21/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.