Many businesses are currently utilizing cloud computing technologies. Most industries rely on data to function. As a result, businesses are investing in technology to ensure appropriate storage for firm data. You need the knowledge to manage all cloud services. If you cannot do it by yourself, you can hire it services provider company to help you to manage your cloud services.
Companies like this Swedish casino have turned to cloud computing to make it easier to share their database across various locations throughout a large geographic region. Cloud computing also allows for easy information exchange. The top five cloud computing firms in the world are listed below.
1. Amazon Web Services
Amazon Web Services, the IT giant Amazon's cloud computing company, has a solid reputation in the cloud computing business. Amazon's cloud computing services brought approximately $25.7 billion in revenue in 2019. This is a 45.3 percent increase in income over the same period the previous year.
Capital One, Expedia, General Electric, and Airbnb are among the company's current clients. Darren Mowry, the organization's Director of Business Development, outlines how the organization's customer-focused and long-term strategy has helped it gain a competitive edge. Amazon Web Services has been able to maintain high performance in the delivery of cloud computing services through cultivating long-term relationships with its clients.
2. Microsoft Azure
Microsoft joined the cloud computing sector in 2010 with its Microsoft Azure cloud computing platform. Despite the fact that the platform has only been around for a decade, Microsoft Azure is a substantial cash source for the company. The Microsoft Cloud is used by 95 percent of Fortune 500 companies.
In 2018, Volkswagen, for example, teamed up with Microsoft to create the Volkswagen Automotive Cloud, which is powered by Microsoft Azure. Microsoft's customer list exemplifies their position in the cloud computing industry: at the absolute top!
3. Google Cloud
Google has a major investment in the cloud computing industry. Bloomberg, Ticketmaster, Deloitte, and eBay are among the corporations that use cloud computing services. Google Cloud Platform, Google's cloud computing service, is the third-largest income generator in the cloud industry. Google announced its intention to buy Elastifile, a cloud-based supplier of tiny, corporate file storage. Elastifile will join forces with Google Cloud once the transaction is completed.
4. Alibaba Cloud
Alibaba is China's largest cloud computing platform. The firm has a major competitive edge over other suppliers due to its experience in retail, financial, and logistics operations, among others.
Alibaba alone manages over a trillion dollars in yearly revenue, with cloud computing accounting for over 70% of its total revenue. Furthermore, the company plans to move all of its activities to the cloud. That demonstrates how capable Alibaba's cloud computing services are. Aside from that, Alibaba's cloud platform, EMEAN, earns a lot of money.
5. Oracle
Oracle has long been a major player in the technology business, providing a wide range of office systems and software. Cloud Services and License Support, as well as Cloud License and On-Premise License services, were added to the company's cloud computing offerings.
For the fourth quarter of 2019, revenue totaled $6.8 billion and $2.5 billion, respectively. Furthermore, Oracle and Microsoft's collaboration to bridge the gap between Microsoft Azure and Oracle Cloud Infrastructure is expected to accelerate the move from on-premise databases to Autonomous Database services.
To Sum up
Cloud computing isn't going away anytime soon. The major firms listed above provide some of the greatest cloud services. Furthermore, they are able to produce significant money, which is likely to grow even more as firms implement data management innovation into their operations.