Google To Acquire Looker For $2.6 Billion
The deal is expected to close later this year, at which point Looker will become part of Google Cloud , helping serve Google customers a more comprehensive analytics solution. Data remains an untapped resource for many organizations and businesses. I believe the addition of Looker to Google Cloud will provide customers with a more comprehensive analytics solution,from ingesting and integrating data to gain insights, to embedded analytics and visualizations enabling enterprises to leverage the power of analytics, machine learning and AI. Whether that’s supply chain analytics in retailing; media analytics in entertainment; or healthcare analytics at global scale. The market for business intelligence software is large. Indeed in August 2018, IDC said that "Worldwide revenue for big data and business analytics (BDA) solutions was $166 billion, up 11.7% over 2017 and would reach $260 billion