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Home » Growth Leaders: #1 Oracle, #2 SAP, #3 Google Cloud
Cloud Wars Minute

Growth Leaders: #1 Oracle, #2 SAP, #3 Google Cloud

Bob EvansBy Bob EvansMarch 8, 2023Updated:March 8, 20232 Mins Read
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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.

This episode is sponsored by Acceleration Economy’s Digital CIO Summit, taking place April 4-6. Register for the free event here. Tune in to the event to hear from CIO practitioners discuss their modernization and growth strategies.

In this Cloud Wars Minute, Bob Evans reviews the Q4 earnings results for the Cloud Wars Top 10 companies, suggesting that Oracle, SAP, and Google Cloud are the fastest-growing major cloud providers in the world.

Highlights

00:38 — Although the Cloud Wars Top 10 companies are different-sized organizations with various growth rates, there is something valuable to be said about the growth rates of these companies, as they are “doing something that is grabbing the imagination of these customers.” During challenging times, this type of innovation is very significant, explains Bob.

01:22 — In this iteration of the growth chart, Bob has updated the table to include the fiscal Q4 numbers of Workday, Salesforce, and Snowflake. With the addition of those three companies, the growth chart is as follows:

CompanyGrowth %RevenuePeriod Ended
Oracle43%$3.8 billionNov. 30
SAP33%$3.7 billionDec. 31
Google Cloud32%$7.3 billionDec. 31
(tie) Microsoft22%$27.1 billionDec. 31
(tie) ServiceNow22%$1.86 billionDec. 31
(tie) Workday22%$1.5 billionJan. 31
AWS20%$21.4 billionDec. 31
Salesforce14%$8.38 billionJan. 31
IBM8%$6.3 billionDec. 31
Snowflake54%$555 millionJan. 31
Cloud Wars Top 10 Growth Chart

03:22 — Bob says that “until Snowflake hits $1 billion in quarterly revenue,” he will not be placing them in numerical order on the growth chart, because “the discrepancy in the size of Snowflake, relative to the other companies, is too great.”

03:50 — In spite of global economic uncertainty and recessionary fears, business leaders in every industry and across every region in the world are continuing to spend billions of dollars on cloud technology, as evidenced by these numbers. “These business leaders know that this will be the only way for them to take part and succeed in the digital economy,” explains Bob.


WATCH MORE CLOUD WARS MINUTES HERE.

AWS Cloud Cloud Revenue Cloud Wars Cloud Wars Archive Cloud Wars Minute Google Cloud growth IBM Microsoft news Oracle revenue growth Salesforce SAP ServiceNow Snowflake Top 10 Workday
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Bob Evans

Founder
Cloud Wars

Areas of Expertise
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  • Cloud
  • Digital Business
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Cloud Wars Founder Bob Evans actively analyzes the Cloud and AI categories through video reports, in-depth analyses, and interviews with the Cloud and AI market’s leaders and innovators. He’s also the creator of the Cloud Wars Top 10, a ranking and ongoing analysis of the world's most influential tech companies driving digital business and the digital economy. Bob is recognized as a world-class strategic communicator focused on emerging business strategy, disruptive innovation, and forward-looking leadership.

  Contact Bob Evans ...

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