Welcome to the Cloud Wars Minute — your daily news and commentary show, hosted by Cloud Wars Founder, Bob Evans. The next three minutes are packed with insights and perspectives around the “reimagination machine” that is the Cloud! Today’s Topic: Top 10 Vendors to Hit $317 Billion in Cloud Revenue in 2022.
0:21 – Bob’s prediction for 2022 is that the Cloud Wars Top 10 will generate about $317 billion in cloud revenue, an increase of 28% over 2021. The uptick in total revenue and growth rate begins at the top with #1 Microsoft, which is likely to become the first cloud vendor to top $100 billion in annual cloud revenue this coming year with a growth rate in the low-30’s.
0:51 – #2 Amazon Web Services has a chance to best Microsoft in growth rate in the year ahead, as it will likely hit 32 or 33% growth for the year and about $80 billion in cloud revenue. Next up is Google Cloud, the fastest-growing of the Top 10. Bob expects Google Cloud to grow at about 45% to $27.5 billion for calendar-2022.
1:25 – #4 Salesforce has rolled right along in 2021, and in the coming year that should continue. Salesforce will likely hit $31.5 billion in cloud revenue. After Salesforce is SAP, which will likely grow at close to 20% this coming year, which would put them at $13.3 billion. #6 Oracle is growing a bit faster, around 27 or 28%, and should end calendar-2022 with about $13.8 billion in cloud revenue.
2:15 – ServiceNow is going to have a good year, with a probable 30% growth rate that will leave them with annual cloud revenue of about $7.2 billion. #8 Workday looks to hit 20% growth and $6 billion in the year ahead. If #9 Snowflake can maintain its triple-digit growth during calendar-2022, it will finish the year with close to $2 billion in cloud revenue. And lastly, IBM will likely continue its slow growth of about 10% to end 2022 with around $28 or $28.5 billion.
3:15 – Some of the big trends Bob has been talking about will help drive this continued growth: industry clouds and industry-specific solutions, co-creation, cybersecurity, and reimagined business models.