Welcome to the Cloud Wars Minute — your daily cloud news and commentary show. Each episode provides insights and perspectives around the “reimagination machine” that is the cloud.
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In today’s Cloud Wars Minute, I present the Cloud Wars Growth Chart, which gives a snapshot of who’s growing the fastest in the Cloud Wars.
Highlights
00:23 — Who is the fastest-growing among the Cloud Wars Top 10? This changes throughout the year; the 10 companies are on a variety of different reporting schedules. I like to update the chart on a regular basis as some of the new numbers come in.
01:18 — I want to take my hat off here — Google Cloud has edged out ServiceNow for the top spot. It is the closest margin that we’ve had for a couple of years. Google Cloud: 25.7% for Q4; ServiceNow, 25.5%. Then, a tie in third place: Oracle and SAP, both at 25%. Then Microsoft at 24%. With Microsoft, you put an asterisk because its revenue is so much larger than every other company.
02:15 — Then we had a little drop down to Workday, 18.1%. And then things drop off a bit. AWS, 13%. Gotta though tip my hat to AWS; it’s stemmed its growth rate decline. Salesforce is at 11% as Marc Benioff now makes profit the priority.
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02:54 — IBM doesn’t specifically break out its cloud revenue. I am taking a number it calls its “hybrid platform and solutions” that grew 1% in the quarter. Then I’ve got Snowflake isolated here a bit until its quarterly revenue volume reaches a billion dollars a quarter: it’s at 34%, at about $700 million for its most recent quarter.
03:47 — With Google Cloud and Microsoft, there are some similarities. Oracle’s getting into the cloud infrastructure business. ServiceNow has created its own category of a platform for intelligent digital transformation. AWS is reversing a long downward trend; IBM has trouble getting growth together; Snowflake looks very healthy.
04:30 — Across the board, all these different types of companies are jumping into the GenAI revolution very aggressively. If they’re going to be around in the digital future, they’ve got to get up to speed now and master the art of GenAI.
