List of Top 12 Cloud Computing Companies of 2022

Businesses of various kinds are always on the lookout for the best ways of integrating and migrating into the digital world. In this era of software usage, more and more business are opting for solutions that can best suit their clouding services. These are the kind of services that business owners or individual software users can use to harmonize their brand, their business goals, and to ensure the smooth operation of their workflows.

In this sense, incorporating cloud management services has become fundamental for any business or individuals that operate within an IT-driven environment. Cloud computing services will help manage a variety of IT applications without having to hire software technicians. However, as much as these cloud management platforms have similar purpose, there is a basis of ranking that determine some of the best cloud computing companies.

If someone asks me what cloud computing is, I try not to get bogged down with definitions. I tell them that, simply put, cloud computing is a better way to run your business.
~ Marc Benioff, CEO of Salesforce

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For this reason, these are the top 12 cloud computing companies to watch out for in 2020.

List of Top 12 Cloud Computing Companies of 2022

Table of Contents

  1. Amazon Web Services


Amazon Web Services (AWS) is one of the leading market providers of cloud computing. The latest Amazon’s quarterly financial report indicated that it had amassed about $3 billion in revenue for the quarter ending June 30, 2016. This was a registered growth of about $ 1 billion in revenue from the previous year’s quarter. Amazon Web Services (AWS) provide an all inclusive package of IaaS and PaaS services and it’s rated for its competitive performance for Simple Storage Service (S3), Glacier storage, DynamoDB NoSQL database, Elastic Compute Cloud (EC2), Elastic Block Store (EBS), Relational Database Service (RDS), and Elastic Beanstalk. Other amazing competitive services provided by AWS include mobile services, cloud management, machine learning, networking and cloud security.

  1. Google Cloud


Google Cloud is perceived by many as one of the most reliable and efficient cloud computing platforms of 2016. Google Cloud offers a complete package of IaaS and PaaS services tailored to meet the needs of machine learning, Big Data, security, developer tools, networking and storage. Among Google Cloud top ranked services include Cloud Storage, Container Engine, App Engine, Compute Engine, and BigQuery. Just like Microsoft, it is difficult to estimate the amount of revenue generated by the Google Cloud Platform. Nevertheless, it is reported that Google is among the top providers of IaaS and PaaS services with a 4% share of the entire cloud computing market. In 2015, Synergy report said that Google’s Cloud revenue rapidly increases at a rate of about 108% year-after-year.

  1. Microsoft Azure


Microsoft Azure has a wide array of cloud computing services. It offers the Azure IaaS and PaaS and on top of that, it also has several SaaS provisions as well as its online Office 365 products. This makes Microsoft Azure to serve as an impressive and dynamic online hosting service. Though the revenue generated by Microsoft cloud computing is not easy to determine, the fiscal quarterly report of 2016 indicated that it had increased revenue generation by 5% totaling to $6.7 billion. Microsoft is mainly reputed for its “intelligent cloud” which makes it score a little bit higher compared to other cloud computing platforms. The Azure, for instance, is said to be on an annual run rate of $10 billion.

  1. IBM


IBM is another company that portrays remarkable scores in the cloud computing market. Since inception, IBM cloud business has grown to command top rank in the market. Its most evident cloud service is the Bluemix PaaS, which targets enterprise development. Aside from the Bluemix PaaS, IBM service also has a great deal of SaaS enterprise software and it has an offering of cloud infrastructure, cloud management tools and other cloud managed services. According to the latest IBM quarterly report, the yearly revenue run rate was $6.7 billion. Furthermore, IBM it reported that its “cloud-as-a-service revenue” increased by 50%.

  1. OutSystems Platform


OutSystems boosts as the world’s top Rapid Application Delivery (RAD) platform. The services aim at offering a low-code platform that is carefully engineered and designed to cater for the demands for the contemporary digital businesses. OutSystems is also the most competent platform for creating, changing, deploying, and managing custom enterprise web and mobile applications. According to the latest Forrester report, the low-code platform generated estimated revenue of $ 1.7 billion during the year 2015 and project a growth of up to $15.5 billion by the year 2020. In 2015, the subscription revenue of OutSytems Platform rose by more than 60% because of its outstanding low-code service delivery.

  1. Salesforce


Salesforce is unique in the cloud computing market as almost all of its revenues are solely earned from the cloud as opposed to most of the cloud computing platforms. Salesforce products are on SaaS basis and are categorized into three namely Marketing Cloud, Sales Cloud and Service Cloud. Sales Cloud is the largest of the three as it makes up 41% of the revenue generated by salesforce. Three categories of PaaS is also offered by Salesforce for developers. These include, Heroku and App Cloud. Salesforce reported $1.92 billion in revenue for the first quarter of 2017 fiscal year.

  1. Adobe Creative Cloud


Adobe is one of the less though of cloud computing companies that stands out as a force to reckon with in the cloud computing market. Adobe offers SaaS that makes it one of the top providers in the market. Until 2013 when Adobe used to provide desktop version of its software, it migrated into a cloud-only model that is renowned for Creative Cloud service including illustrator vector graphics, Premiere Pro video editing, InDesign page layout and Photoshop photo editing. Report for the second quarter of 2016 determined that Adobe Cloud had substantial revenue of $755 million from its Creative Cloud offerings, $188 million from Document Cloud and $385 million from Marketing Cloud. Accordingly, the quarterly revenue collectively amounts to $1.3 billion for Adobe cloud computing.

  1. SAP HANA Cloud Platform


SAP is a software enterprise that has recently established itself in the cloud computing market. Its offerings include SaaS solutions, the HANA Enterprise Cloud IaaS and the HANA Cloud Platform PaaS. SAP cloud computing company has more than 100 million cloud subscribers and its latest financial statement indicated that it had a support revenue and cloud subscription amounting to about $805 million.

  1. Oracle Cloud


Oracle which supports software applications has continued to gain ranks in the cloud computing market by expanding its offerings in this IT sector. Oracle sells its public cloud services by emphasizing that it offers the most integrated and broadest in the market. It offers a wide range of SaaS applications namely CX Cloud, ERP Cloud, EMP Cloud, Analytics Cloud, SCM Cloud and HR Cloud. From its growing cloud computing offers, Oracle’s most recent financial statement, for fiscal 2016 Q4, revealed it had cloud revenues of $859 million which represented a 46% income growth. Most especially, the registered increase was realized from PaaS and SaaS sales that grew by 66% to hit $690 million.

  1. Workday


Workday is another company that makes it in top cloud computing companies of 2016 from its cloud-based business software service. Its highly noticeable product is the SaaS solutions for HR and finance teams. On top of that, it also caters for enterprise planning, professional services automation and higher education solutions. The company announced revenues of$280 million from subscription plans in the quarter ended April, 2016 which represented a 39% yearly growth. Workday’s total revenue was about $345 million.

  1. AppDirect


AppDirect offers SaaS products that are customizable for software application use. The cloud platform deploys a well designed self-branded online marketplace that delivers the software applications to customers. APPDirect get subscriptions from developers such as Box Inc., Google Inc. and Microsoft Inc. It mostly dwells on reporting and billing management functionalities. In the recent past, AppDirect has gradually witnessed a growth in support revenue of more than $1 billion.

  1. Rackspace


Rackspace is entirely a cloud computing company as all of its revenue is generated from selling cloud products and services. It offers dedicated application hosting, IaaS, databases, monitoring, backup, virtual private servers, and supports services of companies with workloads on other top public clouds. According to most updated quarterly report, Rackspace had total revenue of $518 million, representing a 7.9% quarterly increase.

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About Mike Stanley

Mike Stanley is a dedicated and passionate writer with a keen interest in the world of celebrity finance. With a background in journalism and economics, Mike has found his niche in researching and documenting the net worth of some of the most influential figures in the entertainment industry. His work is characterized by meticulous research and a commitment to providing accurate, up-to-date financial profiles.