A search engine was built in January 1996, as a research project by Larry Page, who was soon joined by Sergey Brin, two Ph.D. students at Stanford University, California. This search engine was named “BackRub,” and it was the beginning of a new era. The name of this website was changed afterward to what we know now as “Google.” I have been studying the business case of Google in one of my MIS classes and using the information I gained from that course, I am able to talk about Google. Since my audience is the instructor and my classmates, Google helps you find information that you need for your daily life in college. I want my audience to know by the end of my speech about Google //what is the history of Google, /what makes it special, //and lessons to learn from the experience of Google’s founders.
First of all, where does the word “Google” come from? The name "Google" originated from a misspelling of "googol,” which refers to 10100, the number represented by a 1 followed by one hundred zeros. It found its way to the English language, now the verb "Google", was added to the Oxford English Dictionary in 2006, meaning, "to use the Google search engine to obtain information on the Internet." Their search engine was originally nicknamed "BackRub" because the system checked back links to estimate a site's importance. /// The start of Google was pretty much like the start of every website. It was a research project to these two Ph.D. Students where they hypothesized that a search engine that analyzed the relationships between websites would produce better ranking of results than existing techniques, which ranked results according to the number of times the search term appeared on a page. It was first related to the university’s domain, but then the traffic was so heavy that the university asked them to move their website to a domain outside the university. What made Google this popular was the speed it pulls out information, which is counted in parts of seconds. And also, the size of their data base, according to the instructor of our instructor in MIS class only 60% of data you found on Google are in other web search engines.
Google’s Stock Price was around $ 110, but it is now traded at around $500. What made this big difference? In order to understand why google’s stock price increased to reach this level we have to understand what makes it special from the way they treat their employees. In order to understand why Google is considered the best place to work in according to Fortune magazine, we have to understand the reasons behind that. First, the company has a relaxed corporate culture. Employees work with little pressure from management. If they finish a project, then they can have a break from work until they have another one. Secondly, Google's stock performance has enabled many early employees to be competitively compensated by participation in the corporation's remarkable equity growth. Google implemented other employee incentives, such as the Google Founders' Award, in addition to offering higher salaries to new employees. Finally, as an interesting motivation technique (usually called Innovation Time Off), all Google engineers are encouraged to spend 20% of their work time (one day per week) on projects that interest them. Some of Google's newer services, such as Gmail, Google News, and AdSense originated from these independent endeavors.
Because google is considered one of the best places to work in, loyal employees consider Google’s founders as their raw models and they learn a couple of lessons from them. First, don’t give up. In Silicon Valley there are people who are called angels. They support new ideas of projects with money. When Google’s founders went to a couple of these “Angels,” they’ve been rejected by most of them. But one of these angels thought that it was a good idea. So, if they gave up before they met with that angel then their project wouldn’t have seen the light. Also, you have to learn good things from others. The idea of ranking website results according to the number of times the search term appeared on a page was an idea from a small search engine called Rankdex that was already exploring a similar strategy.
In conclusion, I want my audience to know what is the history of Google, /what makes it special, //and lessons to learn from the experience of Google’s founders. To sum up, when you see a big business, it doesn’t have to start big from the beginning, sometimes an idea that people consider stupid might turn to be the most successful business.
(THIS BLOG IS FROM (123HELPME.COM
MLA Citation:
"Google's History." 123HelpMe.com. 31 Mar 2015
<http://www.123HelpMe.com/view.asp?id=158813>.
"Google's History." 123HelpMe.com. 31 Mar 2015
<http://www.123HelpMe.com/view.asp?id=158813>.
