Google Optimistic About SEO Industry
Thursday, October 15th, 2009
On the 7th of October Google’s CEO Eric Schmidt gave a press conference in New York, where he said the recession in the advertising industry had leveled off, suggesting that the green shoots of recovery are ready to sprout in the United states and European search markets.
The company has continued to develop and introduce a great deal of new web applications over these challenging times, but Eric said that search accounted for the vast majority of the company’s revenue – at around 90%.
But they look cool. And here comes Google Wave. If you look at the Youtube adverts it certainly looks very sexy, with cute little blue boxes and pretty icons everywhere. But what the hell is it for?
The company made just 2 acquisitions in 2001, and interestingly made no purchases in 2002. But the next year they really seemed to get their wallet out; over this twelve month period they grabbed a grand total of 6 companies. These firms included sectors as diverse as weblog software, blogging services and the web search engine Kaltix. Two of the firms were online advertising specialists.