Welcome to the Cloud Wars Minute — your daily news and commentary show, hosted by Cloud Wars Founder Bob Evans. Each episode provides insights and perspectives around the “reimagination machine” that is the Cloud.
In this Cloud Wars Minute, Bob offers his monthly analysis of how the markets are shaping up in terms of trust as it relates to Cloud Wars Top 10 companies.
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Highlights
00:54 — Despite the things going on in the world today, from rampant inflation to global unrest, the Cloud Wars Top 10 have together brought in $5 trillion, which demonstrates the confidence in these organizations and their abilities.
01:21 — For each of the Cloud Wars Top 10 companies, Bob gives the current market cap, most recent cloud quarterly revenue, and cloud growth rate.
01:58 — Microsoft, the top Cloud Wars company, has a market cap of $1.8 trillion, quarterly revenue of $25 billion, and a growth revenue rate of 29%.
02:11 — Amazon has a market cap of $1.18 trillion, quarterly revenue of $7 billion, and a growth rate of 33%.
02:20 — Google Cloud has a market cap of $1.29 trillion, quarterly revenue of $6.3 trillion, and a growth rate of 36%.
02:34 — Salesforce has a $147.7 billion market cap, a $7.2 billion quarterly revenue, and a 22% growth rate.
02:44 — Oracle has a market cap of $169.9 billion, a $3.6 billion revenue in its latest cloud quarter, and a growth rate of 45%.
02:55 — SAP has a $99.8 billion market cap, a recent cloud quarterly revenue of $3.12 billion, and a 34% growth rate.
03:07 — ServiceNow has a $79 billion market cap, a recent quarterly revenue of $1.66 billion, and a growth rate of 25%.
03:13 — Workday has a $39.2 billion market cap, quarterly revenue of $1.37 billion, and a 23% growth rate.
03:24 — Bob references Snowflake as “the outlier.” The company has a market cap of $55.1 billion, $466 million in quarterly revenue, and a growth rate of 83%. Bob expects big things from Snowflake.
03:38 — IBM has a $108.9 billion market cap, $5.9 billion in recent quarterly revenue, and a cloud growth rate of 24%.
03:55 — Bob suggests that, in the business world, this points to a shift in perspective towards the clouds, as CEOs, CFOs, and directors are now viewing the cloud as an absolute source of innovation, acceleration, and revenue growth. The cloud is a fantastic new opportunity for people in this field. These numbers prove that the cloud has moved front and center of growth and innovation for the global economy.
