After being the big dog of search engines for more than a decade, Google has decided to change its corporate moniker to Alphabet. After 17 years of building a $400 billion business that controls everything from the world's most popular search engine (Google) to the world's most popular video portal (YouTube), to life extension research firm (Calico), to self-driving car developer and a host of other acquisitions, Larry Page and Sergey Brin have decided to rename their enterprise. Add to that the fact that CEO Page has turned the reins of Google over to Sundar Pinchai, and many people both in the Internet and on the stock market are wondering what's going to happen next. Even before the soup has cooled, rumors are swirling that Google is interested in acquiring yet more companies, including everything from Twitter to a company that makes pocket toy satellites. So if you are wondering if Google intends to make Alphabet Soup of their company, let’s give the pot a stir.
The Best Soup Starts with the Best Ingredients
|Courtesy of wikimedia.org|
A is for Artificial Intelligence
|Courtesy of en.wikipedia.org|
B is for Boston Dynamics
Snap Quiz: What looks like an extra from Star Wars, sounds like a chainsaw, and walks like a Great Dane? The answer is BigDog, the quadrupedal robot being built by Boston Robotics for DARPA. Designed to carry more than 300 pounds of gear over rubble, up mountains and through snow and mud, this robot is intended to tote gear for soldiers in the field. Of course, until the company comes up with a quieter source of locomotion other than what sounds like a 2-stroke engine, this is one doggie that won’t be sneaking up on anybody. Still, when you consider the technology in BigDog, including stereo vision, LIDAR, gyroscopic stabilization and the ability to climb 35 degree slopes fully laden, maybe if the technology doesn’t work out for the DoD, it can be retrofitted for the US Post Office.
|Courtesy of wikimedia.org|
BigDog is only one of nine robots on the Boston Dynamics website. Others include a bipedal humanoid robot named Atlas that competed in the DARPA Robotic Challenge. Designed for rescue, as well as to enter danger zones where humans fear to tread, Atlas can walk, climb stairs, turn valves, move debris, and even drive a rescue vehicle. While his utility can’t be beat, what he gains in mobility he more than gives back in the looks department. Let me put it this way, if you saw him coming to your rescue, you’d probably die of fright. Speaking of death, this brings us to the next letter in the Google Alphabet.
Can Calico Cure Death?
Can you a blame billionaires for trying to live forever? Historically speaking, this isn’t a new concept. Everyone from the first sovereign emperor of China to Conquistador Ponce De Leon have sought immortality. The difference is that with today’s state-of-the-art biomedical research, it just might be possible. Consider if you will that only a few years ago, transplantation was considered the creation of Dr. Frankenstein. Now it is commonplace. With advances in everything from prosthetics to genetic technology, making life extension a reality isn’t such a stretch. Still, some people think Larry Page and Sergey Brin have gone off the deep end on this one. But with a war chest of $45 billion at the ready, if anyone can take a crack at the Grim Reaper, it's Google. Only time and a few billion dollars will tell. (If that doesn’t work, maybe they can figure out a way to transport their mind to a robot like Atlas.)
Google Gizmos Galore
|A Lexus RX450h retrofitted by Google for its driverless car fleet|
With enough created and acquired companies under management to literally cover every letter in the alphabet, is it any wonder that Google decided to take the name Alphabet for its corporate umbrella? Ever since returning to the CEO spot at Google in 2011, Larry Page has wrestled with the best way to control his sprawling business empire. The problem for this dyed-in-the-wool entrepreneur is that his priorities were becoming divided. A quote from Mashable sums it up best:
"Larry was always more excited about big vision projects than the day-to-day grind of running the company," says Bruno Bowden, who helped build Google Earth. "This structure makes those projects and his role far more visible. Wall Street will only care about Google proper and how Sundar is doing. For Larry, this gives him the chance to focus on a broader mandate as he always wanted."
Y is for Why Now?
Although restructuring the growing Google empire is something that many see as inevitable, the question of timing is something that has many scratching their head. As for whether the name change will hurt or help is something that only time will tell. From an institutional perspective the announcement of the new name actually caused company stock to jump by 4% the very next week. As Alphabet (nee Google) continues to grow through acquisition, the question is whether changing the name of the parent company will prove a boon to the brand or whether Google will ultimately wind up making alphabet soup out of its conglomerate.
In this article I have discussed how and possibly why Google has decided to changed its corporate name to alphabet and how this well effect Googles empire as a whole. I go on to list many of Alphabets many corporate entities (alphabetically of course) that they has swallowed over the years and shared many of the interesting projects these divisions are bringing to fruition.
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If you found this article useful please share it with your friends, family and co-workers. If you would like to learn more about this subject, visit the notes page on this blog for the BlogTalkRadio show dated 9/1/15. I recommend checking out "Can Google Cure Death, Disease and Aging?", "Are Google Glasses the Great Game Changer or a Passing Fad?", or "How to Make Google Your Best Friend". You can also search for other related articles by typing in “Google” in the search box top of this blog.
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Carl Weiss is president of Working the Web to Win, an award-winning digital marketing agency based in Jacksonville, Florida. You can listen to Carl live every Tuesday at 4 p.m. Eastern on BlogTalkRadio.