Today, there are only 4 companies that share this distinction: Apple, Amazon, Microsoft, and Google (Alphabet). The Trillion dollar club is very exclusive and it is dominated by big tech. The three major Cloud computing companies are Amazon (AWS), Microsoft, (Azure) and Google (GCP), all valued over $1 Trillion. The bad news is your competition is going to be global enterprises with household names that you have been accustomed to for years. The good news is that it is not terribly difficult to get into this and carve yourself a niche. The Cloud computing market is expected to increase a strong 15% annually until reaching a value of $689 Billion by the year 2026. This part of the industry is absolutely dominated by big tech. Traditionally, Cloud computing best describes hosting services where businesses can develop their software on secure servers. The world of Cloud computing is quite diverse and there are many types of Cloud companies that use the Internet to deliver software applications.
The day brings small business leaders, legislators, and state agencies together to celebrate small business. The purpose of the day is to “Recognize the Contributions Small Business makes to California.” Since then we have had the joy of honoring over 1,500 small businesses in the state of California. Cloud computing represents an unbelievable opportunity for small businesses, but it is dominated by trillion-dollar companies.Ĭalifornia Small Business Day is the result of Assembly Resolution HR-57 that passed unanimously in 2000.
Last Friday California celebrated their annual Small Business Appreciation day, thought it would be good to discuss how that parallels the world of Cloud Computing.
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