By now you've heard of Google's new Chrome browser which is currently in beta. But did you ask yourself, why would Google want to enter the Internet browser market? There are a number of reasons to why Google may have developed this browser, but I believe the explanation given by an article posted at CNET's Webware is the most likely reason.
On the Web, a site that responds a few milliseconds faster can make a big difference in people's engagement. It's for this reason that Google believes its new Web browser, Chrome, is a project worth investing in rather than a footnote in the history of the Internet.
Chrome, Google said during its Tuesday launch event, is much faster at showing Web pages than the most widely used browser, Microsoft's Internet Explorer. Google's hope is that performance will open up the bottleneck that chokes the speed and abilities of today's Web-based applications...
...Why speed means money
Google benefits materially from fast performance. First, when it comes to search, Google discovered when its search page loads fractionally faster, users search more often, which of course leads to more opportunities for Google to place its highly lucrative text ads. Second, a faster Web application foundation means that Google's online applications for e-mail, word processing, spreadsheets, and calendars can become faster and fuller-featured.