Cyber Security

10 Top Cloud Security Companies

Cyber Security Investing
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With the cloud-managed services sector projected to reach US$139.4 billion by 2026, here’s a look at the 10 top cloud security companies.

Cloud security is not only a hot commodity, but a necessary one, and businesses are steadily increasing their adoption of services provided by the top cloud security companies.

Research firm Markets and Markets estimates that the overall global cloud-managed services market was worth US$86.1 billion in 2021, and is projected to reach US$139.4 billion by 2026.

“Innovation management solutions are rapidly gaining acceptance worldwide by large enterprises and SMEs due to various benefits, including the rise in digitization and emerging trend of workplace transformation, reduced costs, efficient collaborations, and reduced time to market new products,” its report states.


According to CIO Insight, one of the biggest factors impacting growth for the top cloud security companies is COVID-19, which has led to a significant increase in remote work that is largely done via cloud infrastructure.

With the industry poised for substantial growth, here’s a look at the 10 top cloud security companies by revenue. All information comes from CIO Insight and was current as of market close on January 18, 2022.

1. Amazon

Market cap: US$1.61 trillion

This US ecommerce and cloud-computing giant has a broad spread of customers, from startups to established companies. As of 2020, Amazon (NASDAQ:AMZN) had built up a subscriber base of 200 million people worldwide for its Amazon Prime service, which allows users to stream and rent video content.

Amazon generates tens of billions of dollars in revenue each quarter, and a portion of it comes from its Amazon Web Services (AWS) cloud segment. AWS provides computing power, database storage, content delivery and a number of other functionalities to assist in business growth and scaling.

Amazon stores information in its AWS data centers, which have security controls that include network firewalls, client-controlled encryption and real-time insight with security advisors.

In 2015, the company announced the launch of Amazon Wind and Solar Farms in order to power its cloud data centers. AWS has a goal of powering its operations with 100 percent renewable energy by 2025.

2. Microsoft

Market cap: US$2.27 trillion

The second top cloud security company in the world is Microsoft (NASDAQ:MSFT), which also receives billions in revenue each quarter from its intelligent cloud services division.

Microsoft Azure, its cloud platform, provides services to Internet of Things (IoT) systems in combination with chip design through Azure Sphere, while Azure Stack allows users to have their data analyzed in real time. Microsoft is making its cloud systems compatible with open-source systems; it is also providing a host of artificial intelligence (AI) applications through Azure, including advanced data analytics, speech recognition and language translation.

When it comes to cloud security, Microsoft has a team of cybersecurity threat intelligence experts who have worked with government officials and policymakers. Microsoft leverages its security expertise and experience to create critical cloud infrastructure protections.

3. Alphabet

Market cap: US$1.81 trillion

The Google Cloud Platform and G Suite are among the cloud services offered by Alphabet’s (NASDAQ:GOOG) Google. The company's G Suite services encompass enterprise applications such as Gmail, Google Docs and Google Drive, which were built on the backbone of its AI services.

The Google Cloud platform is a core driver of the company’s revenue, bringing in billions per quarter. “Customers are choosing Google Cloud to either lower their costs by improving operating efficiency, or to drive innovation through digital transformation,” Sundar Pichai, CEO of Google and Alphabet, has said.

Google Cloud has added dozens of new security features related to its cloud applications in recent years. For example, Access Transparency is extending its cloud security services to the G Suite platform. Access Transparency logs the details of when Google employees interact with a user’s data. In addition, Google is launching a data loss prevention user interface, a cloud security scanner and security health analytics features.

4. IBM

Market cap: US$97.26 billion

IBM’s (NASDAQ:IBM) cloud services are used by companies globally. Central to its future goals is transitioning enterprises onto the cloud in a way that suits them best, be that a private, public or hybrid cloud system.

IBM’s software-as-a-service security platform provides its users with real-time insight to detect endpoint security vulnerabilities and prevent threats. The platform helps customers use less infrastructure on security solutions, deploying them instead through the IBM Cloud and its cloud-computing security services. In addition, IBM Watson is transferable to the IBM Cloud, enabling businesses to apply AI algorithms to data sets at scale and with agility.

In 2019, IBM acquired open-source enterprise software maker Red Hat for US$34 million, which at the time was one of the biggest tech deals in the industry’s history. Red Hat was incorporated into IBM’s hybrid cloud division, and its products have aided greatly in IBM’s ability to generate cloud revenue.

More recently, IBM acquired Turbonomic, a network performance management and application resource management software provider, in a US$2 billion deal.

5. Oracle

Market cap: US$228.46 billion

Headquartered in Redwood City, California, Oracle’s (NYSE:ORCL)cloud services constitute a major driver in its revenues. The Oracle Cloud has been deployed by a number of blue-chip companies, including AT&T (NYSE:T); the company is moving scores of its data on the Oracle Cloud.

In 2020, Oracle launched a new cloud product called Dedicated Region Cloud@Customer, which allows for the integration of Oracle’s public cloud services into customers' data centers to ensure high-level data security.

In early January 2022, Oracle Cloud was chosen by Xerox (NASDAQ:XRX) “to support the launch of new businesses aiming to solve some of the world's most pressing problems at massive scale.” These new ventures will deliver capabilities such as industrial IoT to monitor critical infrastructure, 3D printing for manufacturing and augmented reality for customer support.

6. VMware

Market cap: US$45.42 billion

VMware’s (NYSE:VMW) tools allow companies to manage multiple clouds and on-premise infrastructure via one dashboard. The firm has partnerships with AWS, Microsoft Azure, Google Cloud and Dell Technologies (NYSE:DELL).

“VMware is the virtualization engine that assists many of the other top players on this list with its hybrid cloud development, workload migration, and on-premises legacy tool strategies,” explains CIO Insight.

In 2016, Dell acquired an 81 percent stake in VMware. However, Dell completed a spin off of its shares in VMare in late 2021. The two companies will keep their commercial agreements in place, including “the co-development of critical solutions and alignment on sales and marketing activities, while allowing strategic flexibility.”

7. Salesforce

Market cap: US$222.67 billion

Salesforce (NYSE:CRM)dominates the market in cloud computing and operates across many industrial verticals. One example of its cloud verticals is its software Commerce Cloud, which streamlines online shopping.

Salesforce focuses on cloud, mobile, social, IoT and AI technologies as well. Its cloud services include Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud, Community Cloud, Analytics Cloud, AppExchange, Salesforce Quip and Salesforce Platform. Salesforce also has its website Salesforce Trust, which shows the security status of every Salesforce platform. Salesforce handles a great deal of delicate information, and data security is integral to its survival within its cloud environment.

8. Hewlett Packard Enterprise (HP)

Market cap: US$22.4 billion

Although its cloud capabilities are not on the same level as some of the other companies on this list, HPE’s (NYSE:HPE)Greenlake cloud platform has strategic partnerships with Red Hat, VMware and other cloud providers.

CEO Insight bills HPE Greenlake as “one of the earliest pioneers in the edge computing realm,” and holds up the cloud provider’s Aruba tool as a prime example. Aruba is a monthly subscription cloud service that offers subscribers constant live monitoring, AI operations for service management, IT service management workflow automation and expanded network utilization initiatives.

British multinational bank Barclays (LSE:BARC,NYSE:BCS) recently signed a strategic cloud partnership to integrate the HPE GreenLake edge-to-cloud platform across its global businesses. The platform “will host thousands of workloads and support the bank in delivering an enhanced personalised banking experience for its customers."

9. Adobe

Market cap: US$244.25 billion

Software-as-a-service heavyweight Adobe (NASDAQ:ADBE) is a pioneer in desktop publishing. With its software suite and subscription-based approach, Adobe has “cornered the creative cloud market,” states CIO Insight.

Adobe’s product portfolio includes dozens of applications across several platforms. The Adobe Experience Platform is a suite of customer experience management services and tools. The Adobe Creative Cloud is a suite of apps for file sharing and creating, including Photoshop and Acrobat. As with many of the companies on this list, Adobe’s business model includes generating cash flow through subscriptions.

In October 2021, Adobe announced the acquisition of cloud-based video collaboration platform Frame.io. “The combination of Adobe’s leading video editing offerings — including Adobe Photoshop, Adobe Premiere Pro and Adobe After Effects — with Frame.io’s cloud-based review and approval functionality will radically accelerate the creative process and deliver an end-to-end video platform,” states a press release.

10. Cisco Systems

Market cap: US$251.92 billion

Cisco Systems (NASDAQ:CSCO)has a large portfolio of multi-cloud products and applications alongside strong relationships with Azure, AWS and Google Cloud.

“One of the core features that Cisco offers amongst its cloud tools is SecureX, a tool that connects the Cisco Security portfolio to the cloud and automates security initiatives across the infrastructure,” as per CIO Insight.

In January 2022, Cisco and AWS partnered with Lockheed Martin (NYSE:LMT), a security and aerospace company, to deploy Cisco’s Webex and Amazon’s Alexa as collaboration and communication tools onboard NASA's Orion spacecraft during the Artemis I unmanned mission around the moon.

This is an updated version of an article originally published by the Investing News Network in 2017.

Don’t forget to follow us @INN_Technology for real-time news updates!

Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.

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