As enterprise cloud becomes the undoubted foundation of the future of digital business, in this booming market, the three fastest-growing vendors in cloud revenue are Google (44.8%) and Oracle (33%). (estimate) And Microsoft 31%.
(In my weekly Top 10 Cloud Wars Ranking of the world’s largest and most influential cloud providers, Google Is #4, Oracle ranked sixthwith Microsoft ranked first)
These three companies stand out in the Cloud Wars Top 10. Despite the significant increase in their revenue base, they continue to grow at a high rate.
Two exceptions: SAP and Adobe
The only exception is #5 SAP, The company is making long-term strategic adjustments to accelerate the migration of its customers from local systems to the cloud, and #10 Adobe, Its digital experience business will continue to strive to gain a foothold in the highly competitive market.
Let’s take a look at the numbers to understand why Google Cloud, Oracle, and Microsoft are leading the current parade of cloud revenue growth (here, I list these companies by current growth rate, rather than being in the ongoing Cloud Wars Top 10 rankings Ranking).
The world’s top cloud providers ranked by revenue growth
2. Google Cloud: 44.8%. Thomas Kurian’s company not only achieved the best growth rate of 44.8% in the third quarter, but also managed to increase that growth rate from 43% in the previous quarter. The parent company Alphabet said that in terms of data and analysis, its new solutions for specific industries, and traditional infrastructure and platform services, revenue is very substantial.
—Google Cloud Stellar performance triggers special states of letters
2. Oracle: 33% (estimated). This is a bit shocking, and some educated guesses, because Oracle will not get its cloud revenue from its licensing and support business. This is how I estimated cloud revenue growth of 33% in the fiscal quarter ended August 31. In the first quarter of the fiscal year, CEO Safra Catz stated:
- Revenue from Fusion SaaS applications increased by 26%;
- NetSuite SaaS application revenue increased by 23%;
- Revenue from cloud native autonomous databases increased by 64%; and
- OCI infrastructure revenue increased by 130%.
Since the latter two are emerging businesses that have not yet generated a large amount of revenue, I estimate the total growth rate of these four cloud revenue categories to be 33%. A further guess is that it may be as low as 29% or as high as 38%.
—Can Oracle snatch the trillion-dollar mixed market from Microsoft and IBM?
3. Microsoft: 31%. The world’s largest enterprise cloud service provider surpassed Amazon’s AWS for 15.2 billion US dollars and 11.6 billion US dollars respectively. Microsoft reported that in the third quarter, commercial cloud revenue grew 31% at a constant exchange rate, led by Azure and Dynamics 365. For Microsoft’s financial calendar, the third month ending September 30 is the first accounting quarter.
—#1 Microsoft still rules the cloud: 5 numbers show why
4. TIE: Amazon, Salesforce and ServiceNow: 29%.
-Amazon AWS: Since the second quarter, it has maintained a 29% growth in cloud revenue while achieving an annualized revenue run rate of up to $46 billion.
—As the growth of Amazon’s cloud computing slows, will Jeff Bezos (Jeff Bezos) cut AWS easing?
-Sales team: In the second quarter ended July 31, Salesforce’s quarterly revenue exceeded $5 billion to $5.15 billion.
—The magic of Marc Benioff: 10 main drivers of Salesforce Q2 surge
–ServiceNow: The pioneer of digital workflow not only increased the third-quarter revenue by 29%, but also raised the level of guidance this year, with subscription revenue exceeding $1 billion for the first time.
—With Oracle, Salesforce and SAP fighting for the future, can ServiceNow scale up?
7. Working days: 23%. In the second fiscal quarter ended July 31, Workday’s subscription revenue reached almost $1 billion, because the growth of the entire product line has been strong.
—Workday said the limitations of traditional systems (SAP and Oracle) drove growth in the second quarter
8. IBM: 19%. As you can see, remember that IBM has a huge cloud business, with cloud revenues of $24.4 billion in the past 12 months.
—Why does IBM have 4 huge zero-growth businesses in today’s booming market?
9. SAP: 14%. Although some of its cloud applications have shown strong growth, its Concur expense management solution has dropped significantly this year due to almost no business travel. CEO Christian Klein has vowed to resume a higher level of cloud computing growth in the near future.
—SAP: After the cruel Q3, will it fall again or rebound boldly?
10. Adobe: 7%. Good news and bad news? The bad news is that subscription revenue has increased by 7% in a booming market. CEO Shantanu Narayen thinks this is good news. He believes that the overall digital experience enterprise business will be on the right track, but its poor performance Advertising Cloud has dragged down its performance.
—Can the rapidly growing Adobe compete with Salesforce in the enterprise?
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