In today’s Cloud Wars Minute, I break down the latest earnings results showing Oracle and Google Cloud surging into a tie for the #2 fastest-growing cloud vendors in the world’s greatest growth market.

Highlights

00:13 — Two companies that are really pushing the boundaries here in the greatest growth market the world has ever known are Oracle and Google Cloud. Recently, Oracle pulled into a tie with Google Cloud for the second spot, number two spot on the fastest growing major cloud vendors list that is topped by number one, Palantir.

00:41 — Nine of the 10 companies break out their cloud earnings. IBM does not for reasons I cannot fathom, but of the nine that do, five saw their growth rates accelerate in the most recent quarter, four of them saw declines, but only by one point. So for these, levels of growth are being sustained, strong customer demand, belief in the transformative power of what's going on with AI in the cloud.

02:13 — Overall, we see lots of momentum here, across the board all the different sorts of products and services offered by the different Cloud Wars Top 10 companies and we saw Oracle make the biggest jump here, other than Palantir, Oracle went from 28% to 34%. So, it and Google Cloud: I've been making the case for the last 12-15 months that they're the most disruptive of the four hyperscalers.

02:43 — They're coming out with new sorts of technologies, new ways of helping to push AI forward and definitely new go to market approaches. The partnership programs they have are also quite striking. So, going into the new year, those are going to be two companies really to watch. I think Microsoft's doing a good job on a very broad basis.

03:03 — AWS has some has some work to do. It's just not been performing at the rate, especially when we look at future revenue growth as we see through the RPO numbers — talked about that some in yesterday's episode. Anyway, lively group here. When we say the greatest growth market world has ever known, I think these numbers continue to bear that out.

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