Cloud computing is the practice of sharing a remote server network that is hosted on the Internet to store, process, and manage data, instead of a local server or personal computer. It specifically refers to a common storage space that network devices can use to access data simultaneously. Using cloud computing technology not only provides cost benefits but also makes applications accessible at any time and from any location to all devices on the network.
360Quadrants, the most granular comparison platform, has released a quadrant on Cloud Computing Software to help businesses make quicker and more informed decisions. 360Quadrants are generated post-analysis of companies (product portfolios and business strategy). Quadrants will be updated every three months based on market and regional analyses and developments in the Cloud Computing Software market. 360Quadrants also lists the top 10 best Cloud Computing Software.
360Quadrants combines inputs from various industry experts, buyers, and vendors, and conducts extensive secondary research inclusive of annual reports, company press releases, investor presentations, white papers, and various directories and databases in order to rate the companies in every quadrant. 360Quadrants conducts in-depth SWOT analysis and accurately analyzes the companies considered for evaluation. This helps service providers learn about new opportunities and areas where they lag behind their peers. It also helps clients choose the most appropriate vendor for their requirements.
Cloud Computing Software Quadrant Highlights
360Quadrants covers 10 companies evaluated in the Cloud Computing Software Market space, which will be categorized as Visionary Leaders, Innovators, Dynamic Differentiators, and Emerging Companies.
AWS, Microsoft, Google, and IBM have been identified as Visionary Leaders, as they have established product portfolios and a robust market presence & business strategy.
Till now, 360Quadrants has not rated any vendor as an Innovator for this quadrant. Innovators have focused product portfolios and innovative business strategies with which they are able to set new trends in the market.
Virtustream, Rackspace, CenturyLink, Fujitsu, and NTT Communications have been identified as Emerging Companies, as they have niche product offerings and decent business strategies that help them in having consistent growth.
Alibaba and Oracle have been recognized as Dynamic Differentiators, as they are largely dependent on their competitive R&D activities.
360Quadrants Scoring Methodology
The top companies in the Cloud Computing Software Quadrant market will be rated using the following methodology:
360Quadrants is the largest marketplace looking to disrupt US $6.3 trillion of technology spends and is the only rating platform for vendors in the technology space. The platform provides users access to unbiased information that helps them make qualified business decisions. The platform facilitates deeper insight using direct engagement with 650+ industry experts and analysts and allows buyers to discuss their requirements with 7500 vendors. Companies get to win ideal new customers, customize their quadrants, decide key parameters, and position themselves strategically in a niche space, to be consumed by giants and startups alike. Experts get to grow their brand and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide. The platform has around 400 total buyers across various markets.
360Quadrants will also be launching quadrants in fields like Cloud Computing Software, Digital Transformation Software, Augmented Reality Solutions, and Access Control Software.