Google Launches Search Engine For Enterprise Customers

Alphabet Inc. (NASDAQ:GOOGL) owned Google on Monday unveiled a new A.I.-based digital assistance tool Springboard that can search across Google Apps like Gmail, Docs, Calendar, Drives and Contacts for particular information or documents.

According to the company, Springboard is a work-focused digital tool that can assist users with useful and actionable information as well as recommendations.

Prabhakar Raghavan, vice president of engineering for Google Apps, said in a blog post: “As we continue to invest in applying technologies like machine intelligence to power our web search engine, we’re working on a new way to bring all of this power to the enterprise.”

The company also said that it will update Google Sites with website building features, an effort that we think will help boost Springboard’s functionality. The updated version will allow business to create and design internal websites.

Google indicated that the new version will have added features such as real-time collaboration from multiple editors, a drag-and-drop design tool, access to content stored on other Google work apps and better optimization so that the content can scale and fit into any screen size.

The company expects that these new tools will help maximize the potential of its services for business. They are currently available only through the early adopter program and Google has not yet disclosed the time of commercial availability.

We opine that the new tools are a part of Google’s attempts to strengthen its foothold in the artificial intelligence space, leapfrogging Microsoft Corporation (NASDAQ:MSFT) in the race.

At present, Google has a Zacks Rank #3 (Hold). Better-ranked stocks in the broader technology space include Facebook, Inc. (NASDAQ:FB) and CommVault Systems, Inc. (NASDAQ:CVLT) , each sporting a Zacks Rank #1 (Strong Buy).