Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Top 10 Cloud Service Providers in 2017

In our list of the top 10 cloud service providers in 2017, we highlight the best of the best in cloud computing, including those providing infrastructure-as-a-service (IaaS), platform as a service (PaaS) and software-as-a-service (SaaS) solutions.

“The Cloud Computing model offers the promise of massive cost savings combined with increased IT agility. It is considered critical that government and industry begin adoption of this technology in response to difficult economic constraints,” according to the National Institute of Standards Technology or NIST, which is one of the oldest physical science labs in the United States. Its measurements support everything from nanoscale tech to global communications networks.

In light of this statement, and in addition to a positive forecast of a “rapidly expanding and steadily evolving” cloud services market through 2020 according to the International Data Corporation (IDC), we see tremendous opportunity for new players, though they’ll have their hands full trying to wrest market share from the top 10 cloud service providers in 2017.

To come up with this list, we sourced Datamation‘s evaluation of the industry’s financial reports and market research and then updated the revenue numbers according to the latest earnings results, though it should be noted that not all of the companies provide segments for their cloud computing.

For further reading, please see the 10 biggest cloud computing companies in the world.

Based on the most recent earnings reports, the top 10 cloud service providers in 2017 are Adobe Systems Inc. (NASDAQ:ADBE), Amazon Web Services of Amazon Inc. (NASDAQ:AMZN), Google Cloud of Alphabet Inc. (NASDAQ:GOOG), International Business Machines Corp. (NYSE:IBM), Microsoft Azure of Microsoft Corp. (NASDAQ:MSFT), Oracle Corp. (NYSE:ORCL), Rackspace Hosting Inc. (NYSE:RAX), Inc. (NYSE:CRM), SAP SE (NYSE:SAP), and Workday Inc. (NYSE:WDAY).

The following list focuses on infrastructure-as-a-service, platform as a service and software-as-a-service vendors, which are ranked per their estimated cloud revenue. Check out the list of the top 10 cloud service providers in 2017 beginning on the next page.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
This is a FREE report from Insider Monkey. Credit Card is NOT required.