First, understanding exactly what Google is doing with this new cloud offering might help with the context of this move.
After running the service in preview mode for over a year, Google is making its IaaS (infrastructure-as-a-service) Google Compute Engine (GCE) available as a full-fledged commercial service.
The company has established a service level agreement (SLA) where it guarantees GCE to be available 99.95 percent of the time. It has also cut prices and increased the number of options the service offers.
GCE “is a long-term strategic bet for the company,” said Brian Goldfarb, Google’s head of cloud platform marketing, adding that “we have an incredibly high bar for what general availability means.”