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 Cloud Wars Minute is sponsored by Celonis, the market leader in process mining and execution management. The world’s top 2,000 process fanatics learned to fix process inefficiencies at Celosphere, the company’s annual conference, which was held November 9th and 10th in Munich, Germany. Sign up to watch the free virtual Celosphere 2022 stream here.
00:38 — In the third quarter, both Google Cloud and Microsoft increased their cloud revenue by $600 million from the previous quarter.
01:12 — Microsoft’s cloud business is four times larger than Google Cloud’s. However, in the third quarter, Google Cloud added the same amount of cloud revenue in the same period of time.
02:38 — In comparison, Google Cloud grew from $6.3 billion in cloud revenue to $6.9 billion, whereas Microsoft jumped from $25.1 billion to $25.7 billion.
03:05 — Over the entire third quarter, Microsoft’s growth rate was 24% and Google Cloud’s was 37.5%. The competition for customers — who are always the big winners in cloud wars — is fantastic.