Hottest Cloud Vendors: Google Cloud Still #1, but Oracle, SAP Closing In

In today’s Cloud Wars Minute, I break down the latest growth
rankings among the top 10 cloud providers, highlight Google
Cloud’s continued lead, and show how legacy giants like Oracle
and SAP are rapidly transforming into cloud powerhouses.


Highlights


00:15 — I wanted to share with you the latest
numbers for the Cloud Wars Growth Chart, where we take a look at
the growth rates of the Cloud Wars Top 10 companies. Google Cloud
holds on to the number one spot. But SAP and Oracle are breathing
down Google Cloud's neck. Google Cloud grew in its most recent
quarter by 28%, with revenue of $12.3 billion.


00:51 — Tied for second place are these two
so-called legacy companies. Both grew in their most recent
quarters by 27%. SAP’s cloud revenue is now $5.3 billion,
Oracle’s $6.7 billion. Next quarter, it is likely that Oracle
could well be number one on this list. But that's all the future,
and we will see how that goes.


01:42 — In fourth place is Microsoft, 20% growth
rate on $42.4 billion in revenue. ServiceNow grew 19% as it
cracked $3 billion for the first time in a quarter. AWS, 17% —
$29.3 billion. Similar to what we said about Microsoft: 17%
growth rate on almost $30 billion in revenue is very impressive.


03:00 — Workday, up almost 14%, to $2.1 billion.
Salesforce at 8%, $9.8 billion. Snowflake, up 26% to $997
million. I’m not placing Snowflake within the regular run until
its quarterly revenue exceeds $1 billion. It's extremely likely
that next quarter, we’ll see Snowflake take its place in the
regular run of companies. IBM does not report its cloud revenue
anymore. I hope IBM will change that policy.


04:22 — It’s fascinating to see a purely
built-for-the-cloud company, Google Cloud, in the number one
spot. And who’s behind it? Two venerable companies — mostly still
in the software business completely for SAP — but Oracle now, in
addition to its fast-growing cloud software business, also has a
hypergrowth cloud infrastructure business.


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