
Google is set to license new sets of mapping data to various companies, opening a door to innovation and green progress. The goal? To generate up to a whopping $100 million in its first year, as exclusively revealed by CNBC.
The spotlight shines on Google's API offerings, featuring solar and energy insights and air quality metrics. Their Solar API promises a radiant future, attracting solar installers like SunRun and Tesla Energy, as well as design pioneers like Aurora Solar. But it doesn't stop there; Google envisions collaboration with real estate giants such as Zillow and Redfin, along with hospitality magnates like Marriott Bonvoy and utility giants like PG&E.
The spotlight shines on Google's API offerings, featuring solar and energy insights and air quality metrics. Their Solar API promises a radiant future, attracting solar installers like SunRun and Tesla Energy, as well as design pioneers like Aurora Solar. But it doesn't stop there; Google envisions collaboration with real estate giants such as Zillow and Redfin, along with hospitality magnates like Marriott Bonvoy and utility giants like PG&E.
This revolutionary venture builds upon Project Sunroof, a solar savings calculator launched in 2015. It empowers users with precise solar cost estimates and offers captivating 3D roof models, courtesy of Google Maps data.
But it doesn't end with solar energy. Google plans to offer APIs that provide building-specific data, making a big leap from 60 million buildings in 2017 to over 350 million today. The revenue forecast? A staggering $90 to $100 million in the first year, with potential connections to Google Cloud products in the pipeline.
Adding to the arsenal, Google is gearing up to unveil an Air Quality API, enabling users to access air quality data and digital heat maps. The tech giant's journey to monetize its mapping expertise is an audacious one, capitalizing on sustainability amid economic challenges.
This venture not only signals Google's financial ambitions but also underscores its commitment to greener technology. As the world maps out its sustainable future, Google stands at the forefront, ready to guide the way. Google Maps, once an under-monetized prodigy, is now a driving force for a more sustainable, profitable, and eco-friendly tomorrow.
Author: Jeff Christian CEO at Christian & Timbers
Google's Bold Move: Mapping Out a Greener Future
In a boardroom filled with directors sporting visionary smiles, Google has unveiled its latest strategic maneuver: a game-changing executive search for profit within the renewable energy sector. It's not just about maps anymore; it's about mapping the way to a sustainable future.
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