Scenario: A startup company wants to reduce latency and improve network performance for accessing Google Cloud services. Which networking solution should they consider implementing, interconnect or peering, and what benefits does it offer?

Peering is a suitable networking solution for startups aiming to reduce latency and improve network performance for accessing Google Cloud services. By establishing direct connections at Internet Exchange Points (IXPs), peering provides an efficient path for traffic exchange, resulting in enhanced user experience and reduced latency. Understanding the advantages of peering over interconnect helps organizations optimize their network infrastructure for cloud connectivity.