A recent GigaOM report has revealed that the forthcoming Google I/O developers' conference in San Francisco could witness the Internet search giant launching its Infrastructure as a Service (Iaas) cloud computing platform --- a move which will a befitting addition to the company's existing App Engine as well as its Cloud Storage service.

According to the tech news site's report, citing unidentified sources familiar with the happenings at Google, it appears highly likely that Google could launch its Iaas service as early as next week.

As per the report, the launch of Iaas cloud computing platform by Google may turn out to be a move which spells financial gains for both Google and Microsoft, largely because both the companies already have their respective software suites - Microsoft's Office 365 and Google's Apps for Business - in the cloud.

Noting that Google's new cloud service is imminent and that the service will chiefly target Microsoft and its developer community, the GigaOM report said Google apparently wants to "go after" the enterprise developer community which is one of Microsoft's biggest strengths.

The report further said that in an attempt to entice these enterprise developers, and added that one of Google's key focus areas has been to facilitate the developers in the direction of helping them "write, deploy and manage applications on its platform."