As a rule, most large enterprises use multiple cloud services in terms of infrastructure, applications, products, or even an OS. As a result, billions of dollars are invested in cloud migration. Read the blog and know the most popular cloud computing providers.
There are multiple cloud computing providers for each enterprise. Top players namely Amazon Web Services, Microsoft Azure, and Google Cloud dominating the cloud war. New emerging and large-scale players like IBM Cloud, Oracle Cloud, Salesforce and Alibaba are also aiming to compete against the market leaders.
List of Cloud Computing Providers in 2020
1. Amazon Web Services (AWS)
Amazon Web Services (AWS) was launched in 2002. It offers hundreds of services including Virtual Private Cloud, EC2, AWS Data Transfer, Simple Storage Service, DynamoDB, Elastic Compute Cloud, etc.
AWS enables companies across the globe to develop their digital infrastructure entirely or partially using the cloud. In 2018 half of the cloud users were under its umbrella. Though their growth slowed down in 2019, they still managed to stay on top as market leaders offering a plethora of services.
Amazon recently launched the AWS Storage Gateway. It enables the customers to connect their existing storage and backup to the cloud, with a single console to access storage configurations.
AWS CloudFormation is another technology by Amazon. It lets the firm control the resources and application stacks. In general, the customers get access to infrastructural components of cloud service with a central command-line interface to manage them, which helped Amazon to establish itself as a global cloud leader for almost a decade.
2. Microsoft Azure, the Intelligent Cloud
In general, Azure is the most attractive and intelligent cloud computing provider. Azure offers hundreds of services within various categories, such as AI + ML, Analytics, Blockchain, DevOps, Identity, Integration, IoT, Management, Media, Networking, Security, etc.
Azure’s cloud supremacy revolves around its intelligence that provides the most advanced and maximum number of intelligent products and services. Furthermore, some of the most popular and advanced developer tools and compilers are available in Azure via various UI, workflows, and interfaces. Also, it offers the most advanced security products and services. A recent survey by Goldman Sachs among 100+ CIOs of top international firm reports that Microsoft Azure has gained more popularity than Amazon’s AWS services.
According to a recent study, Azure’s growth rate was eighty-nine percent and also extended its market share and had a significant jump in revenue generation.
3. Google Cloud
It offers services in various categories, including compute, storage, identity, security, database, AI and ML, virtualization, DevOps and more. Their services are available in 20 regions, 61 zones, and 200+ countries. Their products are also offered in the cloud, including G Suite, Google Maps Platform, Google Hardware, Google Identity, Chrome Enterprise, Android Enterprise, Apigee, Firebase, and Orbitera.
Product and service categories of Google Cloud include AI and Machine Learning, API Management, Compute, Containers, Data Analytics, Databases, Developer Tools, Healthcare and Life Sciences, Hybrid and Multi-cloud, Internet of Things, Management Tools, Media and Gaming, Migration, Networking, Security and Identity, Serverless Computing, and Storage.
Google Cloud Platform recently picked up the pace with Google Next and announced a partnership with VMware in July 2019, which was one of the biggest collaborations of that year. Google had reported an average revenue of 8 billion dollars a year through its cloud business, as against an average annual revenue of 4 billion dollars per year in the previous year. The cloud service is expected to hit a mark of 38-billion-dollar annual sales by 2025 as per the analysis of Deutsche Bank.
Salesforce, being the major player in the cloud market, is expected to generate a revenue of 17 billion dollars in FY 2020 which is a 28% growth compared to last year. The fact that the majority of the top 20 banks from Europe and the US use Salesforce also reflects its penetration in the cloud market. One of the facts that led to its success is the deployment of cutting-edge technology in its CRM platform.
Another reason behind its enormous growth is the early mover advantage. It was the first company to start offering CRM in the cloud. The developers are able to create and sell their apps to Salesforce users with the launch of AppExchange which is also a major event that added to its success. In the last few years, Salesforce has acquired numerous firms to expand its ecosystem and 13 major acquisitions by the company are with the likes of SteelBrick and Demandware.
5. IBM Cloud
IBM Cloud is a set of cloud computing services for businesses which includes IaaS, SaaS, and PaaS services via public, private, and hybrid cloud models like Compute, Network, Storage, Cloud Packs, Management, Security, Database, Analytics, AI, IoT, Mobile, Dev Tools, Blockchain, Integration, Migration, Private Cloud, and VMware. The estimate of its annual revenue is $19.16 billion.
Open technologies that ensure interoperability, integrated hybrid cloud, powerful analytics system, and development solutions are IBM’s salient features to attract business. The recent acquisition of IBM is Red Hat, which is expected to aid the delivery of hybrid solutions efficiently. IBM also plans to acquire the untapped area of hybrid cloud solutions in the near future.
6. Oracle Cloud
- IaaS – Compute, Storage, Networking, Governance, Database, Load Balancing, DNS Monitoring, Ravello, and FastConnect.
- PaaS – Data Management, Application Development, Integration, Business Analytics, Security, Management, and Content and Enterprise.
- SaaS – CX, HCM, ERP, SCM, EPM, IoT, Analytics, Data, and Blockchain Applications.
- DaaS is the Oracle Data Cloud
In order to maintain its presence, Oracle cloud is utilizing the extensive presence of its software. Furthermore, it has recently tied up with Microsoft in delivering cloud which has also proved to be advantageous. Canada gets these services.
Major market research companies have predicted that the cloud computing market will reach 623.3 billion dollars in 2023. To reach this goal, greater emphasis should be on developing innovative technologies and strategic partnerships.
China’s Alibaba Cloud, founded in 2009, is registered and headquartered in Singapore. It is the largest cloud provider in China. Alibaba offers products and services in various categories, namely Elastic Computing, Storage and CDN, Networking, Database Services, Security, etc.
According to Gartner, Alibaba is behind AWS and Microsoft in the global cloud race with an 8% market share. It is available in 19 regions and 56 availability zones worldwide with annual revenue of $4.5 million. In November 2019, it posted a 64 % increase in revenue. As a result of rapid Asia-Pacific expansion in industries including technology, fintech, retail, media, gaming and agriculture.
What next for cloud computing providers?
In 2020, businesses will have a growing line of multi-cloud services, including speed application deployments, enhanced security systems and more. Also, it provides workload management platform and futuristic technologies like AI, Edge, Machine Learning, etc. This decade will also witness the wave of cloud technologies and digital transformation that will reshape global businesses.
In the race of cloud computing providers supremacy, Microsoft Azure and AWS are at par. They offer similar product features and services. Nevertheless, Google, IBM, Salesforce, Oracle, Alibaba, and others are making a mark in the industry. Many start-ups are also joining the race by developing and delivering cloud services across platforms. To summarize, 2020 will witness new, innovative and exciting developments in the world of cloud computing.
As per technology news and articles, the Cloud market would reach 354.6 billion by 2022. Read the blog on “Cloud’s Biggest Threats”.