Google Cloud and Microsoft Azure continue to grow
Posted: Thu Feb 20, 2025 5:35 am
Whether it’s IaaS, SaaS, or PaaS solutions, Google Cloud and Azure offer hundreds of market-leading cloud products and services to choose from. A list that continues to expand as they innovate and evolve to offer bigger and more solutions.
Both Google and Microsoft are among the top 5 public cloud infrastructure providers, accounting for 80% of the IaaS market, according to Gartner data .
These cloud technology giants continue to expand their customer base, with both reporting impressive revenue growth throughout 2019. The numbers suggest that cloud providers are not only keeping pace with Amazon ei salvador phone number data Web Services – the leading cloud provider – but are also actively taking market share away.
Google Cloud Platform revenue in 2019
In the first half of 2019, Google reported impressive growth across its Q1 and Q2 financial reports . Despite a lack of clarity on the financial contribution of Google’s cloud services to overall revenue, Google CEO Sundar Pichai reported that the company was on track to achieve an $8 billion annual revenue run rate from Google Cloud Platform. A staggering 100% increase from a $4 billion annual run rate at the same point in 2018.
Although Google's third-quarter financial report fell well short of Wall Street expectations for company-wide revenue, the company is still reporting impressive growth in its cloud services. With these numbers suggesting that Google is continuing to take market share away from Amazon Web Services. And with AWS only reporting 35% growth in AWS cloud revenue over the same period.
Both Google and Microsoft are among the top 5 public cloud infrastructure providers, accounting for 80% of the IaaS market, according to Gartner data .
These cloud technology giants continue to expand their customer base, with both reporting impressive revenue growth throughout 2019. The numbers suggest that cloud providers are not only keeping pace with Amazon ei salvador phone number data Web Services – the leading cloud provider – but are also actively taking market share away.
Google Cloud Platform revenue in 2019
In the first half of 2019, Google reported impressive growth across its Q1 and Q2 financial reports . Despite a lack of clarity on the financial contribution of Google’s cloud services to overall revenue, Google CEO Sundar Pichai reported that the company was on track to achieve an $8 billion annual revenue run rate from Google Cloud Platform. A staggering 100% increase from a $4 billion annual run rate at the same point in 2018.
Although Google's third-quarter financial report fell well short of Wall Street expectations for company-wide revenue, the company is still reporting impressive growth in its cloud services. With these numbers suggesting that Google is continuing to take market share away from Amazon Web Services. And with AWS only reporting 35% growth in AWS cloud revenue over the same period.