Top Performing Cloud Platforms From Around the World

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By STS Staff Writer On Mar 1, 2022

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Leading brands have confided in IT and cloud-based software companies to configure, employ, and maintain applications and software services so that it is one less thing that the company needs to manage in-house. 63% of companies have cited that digital transformation is the primary reason for approaching SaaS Cloud-based services.

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Getting high quality software assistance in cloud-based resources from leading software professionals at a much lower price range is something that small businesses, leading brands, and global companies have been endorsing. 38% of businesses in 2021 have been reported to be running completely on SaaS cloud-service support. The common reasons for why companies invest in sales cloud services are:

Lower cost – Investing in Cloud services and another SaaS eliminates the cost of installation, management, maintenance, labor, and integrations. Instead of investing in the traditional model for service, approach a sales cloud service provider for top quality services that issue only the benefits at a fair price. The overall cost is likely to reduce by 35% and reduce 20% costs by substituting up-front expenditure with payments through subscriptions and installments when investing in SaaS instead of trying to pull it off.
Time efficiency – The company can save trouble and time and invest it in other endeavors, thus optimizing company operations and efficiency.
Accessibility – Large amounts of data can be processed, managed, and accessed in a user-friendly platform from a protected source. This kind of accessibility can only be achieved by sales cloud investments.
Quality – Achieving the same quality as sales cloud service providers is tedious and expensive. Attaining quality services is the primary advantage of SaaS cloud-based services.

The different ways in which cloud-based resources can be used:

Inter-departmental communication and data access
Enhanced customer interactions and data management
Usage interference and data collection
Progress trackers
Salesforce integration

Leading sales cloud services

The market base for cloud service providers is still expanding. Based on revenue, valuation, and overall growth in 2021, some of the leading cloud service providers are:

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1. Amazon Web Services (AWS) – From artificial intelligence, database ad machine learning to cloud computing, Amazon has delivered premium computing, processing, and storage facilities. Dominating the digital business forum as a digital transformation enabler, AWS has enabled 5G, cloud, and edge computing services. AWS has showcased a more than 28% growth rate in 2021, valued at more than $12 billion.

2. Google Cloud Platform – It has over $11 billion annual revenue and is fast approaching an estimation of $16 billion. Collaborating with companies like Salesforce, Informatica, VMware, and SAP have further increased the google cloud platform has increased its growth rate to more than 58% in a short duration.

3. Microsoft Azure – The venture had a more than 52% increase in its growth rate from 2020 to 2021, estimated at a valuation of more than $9 billion. With its promising business model to tackle the big shot competition, Microsoft Azure secured a $10 billion US government contract. Its outcomes are expected to peak at over $33 billion in 2023, which would make it the most profitable cloud service provider. From AI, machine learning, database, migration, networking, security, storage.

4. Alibaba Cloud – The company is based in Singapore and started out as a service provider for eCommerce platforms. It is currently the largest cloud service provider in China and has taken over $6 billion in annual revenue. Almost 59% of companies in China prefer Alibaba cloud for their SaaS while also extending their services over 19 regions and 56 availability zones around the world.

5. IBM Cloud – The CEO of IBM cloud, Arvind Krishnan, had advocated the decision to channel the company’s growth in hybrid cloud developments, artificial intelligence, and automation technology. IBM cloud revenue scaled over 29% growth in 2021, with revenues exceeding $6.1 billion. The hybrid cloud platform tech idea from the CEO, their collaboration, and the possible purchase of the RedHat has aided in the company’s steady growth.

6. Oracle cloud – Clocking in IaaS, PaaS, and SaaS technologies, the Oracle cloud expanded through autonomous database services and hybrid cloud services. Oracle cloud has played its role in resource planning, human capital management, supply chain, sales service, and marketing sectors. Their revenue surpassed $6 billion in terms of cloud service, which included CRM data onboarding, contextual intelligence, audience data, and more.

There are several companies that have inherently increased profits through their cloud service provision. Companies like Salesforce, Adobe, SAP, ServiceNow, Workday, and Snowflake have been showcasing incredible growth rates and revenue collection. The scope for sales cloud provision is only predicted to keep increasing. Digitalization demands companies to secure the latest technology for large-scale processing data. Multi-cloud and hybrid cloud tech are in demand as companies have been globalizing. Managing data from and for users and customers internationally can only be achieved, in a time cos and labor efficient way, only through assistance from Cloud service providers.