Google Innovation
How Google's Innovative Technologies Have Changed the World
The Google founders deliberately designed and continually fuel a corporate culture that puts innovation at the center, acting as a highly effective catalyst for creating new products and services. One of the foundational elements of their culture is the Rule of 20%, which gives engineers the flexibility of spending up to 20% of their time on projects they are interested in transforming from concept to finished product (Laffey, 2007). Since instituting this program at the launch of the company, products and services generated from its successful use has delivered 56% of total revenues to Google on an annual basis (MIT Sloan Review, 2006). Google Docs, Gmail, personal search, Google+, Android operating systems, Goggles (visual search) and Latitude are all the result of the Rule of 20% Program (Manyika, 2009). Taken together, Google's technologies have made a major impact on the world, and their pace of innovation is changing the nature of the new product and services development process itself as well (Deegan, 2008).
Google Innovations That Are Transforming The World
The concept of having semantic search that can quickly and thoroughly index the Web was originated by Google founders Larry Page and Sergei Brin when both were graduate students at Stanford University. They were working on their dissertations and wanted to sort academic references by those that had been most and least referenced. There was no approach to accomplish this in any of the academic search engines and online databases. Larry Page and Sergei Brin devised an algorithm that would take into account these variations, and the beginnings of the PageRank algorithm was formed (Laffey, 2007). Over time, the founders Larry Page and Sergei Brin refined the PageRank algorithm with the core...
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