During Google's annual software-developers conference this week, or Google I/O, the tech giant has unveiled the Nexus Tablet, which is running their newest Android software, Jelly Bean. The gadget is lined up to compete with the Apple iPad, recently announced Microsoft Surface, and Amazon Kindle Fire.
The company announced plans to also compete in other tech markets. Google's Infrastructure as a Service, or IaaS, for companies to rent computer servers to store data and power websites, a market currently dominated by Amazon Web Services, which powers the systems of thousands of companies like Netflix and Unilever.
Amazon is estimated to generate around $2 billion annually from Amazon Web Service, and Google obviously wants a piece of that pie. Also in the works—a GoogleTV revamp. This time next year, will we have ditched our pricey iPads for Nexus tablets? We don't know—Google doesn't have a gadget that sees into the future ... yet.