Separator

Google Cloud Partners to Emerge & Thrive Much Faster in Next Five Years - IDC

Separator
Google Cloud Partners to Emerge & Thrive Much Faster in Next Five Years - IDC

CEOInsights Team, 0

According to IDC study, Google Cloud partners are expected to generate $6.11 in 2020 and up to $8.33 in revenue for every $1 of Google Cloud products sold, giving them an opportunity to grow more than 3.7 times by 2025. On an average, Google Cloud partners are growing at 35 percent YoY (Year-over-Year), with a significant group of partners (20 percent) growing even faster, at more that 75 percent. “The demand for cloud technology and services is growing rapidly in India. The partner ecosystem here is looking to work with cloud providers like us to help businesses of all sizes embark on a digital transformation journey,” states Amitabh Jacob, Head of Partners & Alliances, Google Cloud India.

Nearly 50 percent of Google Cloud partners are in the late stage of digital maturity and more than a third of Google Cloud partners have fully integrated digital into their strategies and businesses. “Our goal of 100 percent partner attachment will create more opportunities for our

The partner ecosystem here is looking to work with cloud providers like us to help businesses of all sizes embark on a digital transformation journey



partners to provide valuable services to customers and help them build for the future,” asserts Amitabh.

According to the study, not only is Google Cloud partner revenue growing faster than Google Cloud’s revenue, but the net margin opportunity of $121 billion through 2025 will also be well distributed across partner activities globally. The partners, who are creating their own unique IP around Google Cloud, are seeing very strong margins associated with their products. “Partners are seeing strong margins across multiple activities, including resale, IaaS, PaaS, and SaaS add-ons, IT services, business services, and support for hardware and networking,” the report mentioned. “The overall IT market is continuing to see growth as demand for cloud infrastructure and cloud capabilities in areas like data analytics, artificial intelligence, IoT, and security are fast advancing,” said the IDC. The global pandemic has further accelerated businesses’ needs for these capabilities, seeking to quickly adapt or even to take this opportunity to speed-up their digital transformation journey, it said.

In Print




Most Viewed

From 'Volume' to 'Value': India Inc's Mantra to Capture the Global Pharmaceutical Market A Fight Back from Arabian Peninsula When will The Tech Industry’s Lay-off Season End? The Story of a Broken Trust Technology Key To Global Travel Recovery What To Keep In Mind When Selecting The Right Air Compressor For Replacement? The Best Way to Recover from Ransomware Attacks How Tensions Grew Worse between Elon Musk and Donald Trump New Markets, New Brands: Tailoring Success for Different Places Empowered Leadership in a Changing Legal World Four Key Steps For Healthcare Providers To Combat Ransomware Turning Vision into Value: How I Built Purposeful Digital Ecosystems in the UK Dave Thomas: A Role Model for Aspiring Entrepreneurs, Philanthropists Digital Analytics Products: How Organizations Choose Them Kelly Ortberg: The New Boeing CEO Who is Already on the Headlines India’s Military Alacrity for Modern Threats Reshma Saujani: Reshaping Social Attitudes Around Gender and Tech India is Manifesting Leadership in Drone Technology 5 Greatest Role Models in the Manufacturing Industry Creating a Stronger Ecosystem by Fixing the Nuts & Bolts of the Economy Microsoft for India: Making India for Future Ready India's UPI Launch in France Opens Gateway to Global Fintech Power Tim Cook Nears Retirement, Who Will Take Over Apple's Throne? Soil Based Microbial Fuel Cells Could Protect the Environment from Flammable Chemicals The mantra of Academic Collaboration Echoes on this Teachers’ Day Indian semiconductor Boom Has Abundant Room for SME-preneurs Indian Healthcare Ecosystem is Hosting a Multidimensional Paradigm Shift Being a True Republic: You Got to Love this New, Powerful India Qatar World Cup 2022 Might Be Over, But Arabian Peninsula’s Sports Dream is Just Beginning Reimagining the UK–India Partnership in a Changing Global Order These Schemes Will Facilitate Women Entrepreneurs Decarbonization & Sustainable Future: Technology & What it can Do?


🍪 Do you like Cookies?

We use cookies to ensure you get the best experience. Read more…