Google is developing 10 gigabit Internet speeds, says CFO

Google's Chief Financial Officer Patrick Pichette announced at the Goldman Sachs Technology and Internet conference today that the company is working on Internet speeds that leave Google Fiber in the dust: 10 gigabit per second. Google is hailing this as the next generation of the Internet.

Presently, Google Fiber offers its limited user base 1 gigabit per second speeds, which trump most of the connection speeds in the US. Still, Google is looking towards the future, and in it the company sees a jump to a much faster 10 gigabits. The high speed will pave the way for wider adoption of software as a service, as well.

Google Fiber has a limited availability in the United States right now, being available in Kansas City and being in the works in multiple other regions, among them being Gladstone and Grandview, Missouri, as well as Shawnee, Kansas and Provo, Utah (check out the timeline below).

Google isn't interested in dragging its feet on the faster speed. Said Pichette, "[Faster speeds] is where the world is going. It's going to happen." He says Google is aiming for making it available in three years, with Pichette saying, "There's no need to wait." He also teased that Google Fiber may be arriving in more locations soon.

SOURCE: USA Today