What is Google Compute Engine?

The Google Compute Engine is basically the official IaaS. This Information As A Service model works much like others like SaaS or PaaS.

IaaS (infrastructure as a service) is a computing model that offers on demand resources to businesses and users via the cloud.

https://cloud.google.com/learn/what-is-iaas

The IaaS model involves cloud services like Cloud Storage, Cloud SQL, Cloud Terminal, and Cloud CDN. Compute Engine is for virtual machines in the cloud and can offer vast options in virtualization.

Not affiliated with Google Compute Engine but you can get a free trial HERE.