This is up from nine percent last year and only two percent the year before. In fact, cloud as a category is now one of the largest that CRN tracks, second only to hardware.
Cloud is one of several megatrends impacting on the IT sector. Its emergence as a preferred platform is reflected in its share of Fast50 revenues. Companies on the list this year generated $31 million in cloud revenues out of a total of $256 million.
The dominant company when comparing all three styles – public, private and hybrid – was Bulletproof Networks (16th), which derived the overwhelming share of public cloud revenues among the Fast50. Bulletproof, the third-largest company in the 2013 CRN Fast50, has forged a solid partnership with Amazon Web Services.
Mark Randall, formerly Rackspace’s local boss and now director of sales and marketing at Bulletproof, told CRN that the company had added 200 new customers in the space of a year. “Customer numbers have increased from 300 to 500 in the last 12 months,” Randall said, pointing to AWS as a key driver.
“The past six to nine months has seen significant growth from Amazon,” he added.
Indeed, Bulletproof’s public cloud revenues alone were more than double the total hybrid cloud revenues of all other Fast50 companies. They were also more than twice the revenues of second-placed cloud cash earner PCSA (14th), which was the largest private cloud revenue company in the group.
The fact that Bulletproof is not active in the hybrid cloud market makes its achievement even more remarkable. Its success was driven by a 46 percent increase in private cloud revenues and an even more impressive doubling of its public cloud returns.
Advent One (44th) was the dominant hybrid cloud money maker and its revenue share for the smaller hybrid market almost rivals Bulletproof’s public cloud position.
The company’s marketing manager, Kirsty Allen, told CRN that 2014 will see further growth of Advent One’s managed cloud business. “As the platform is now established and ready to go with early adopting clients already jumping on board, we expect to see this rapidly increase as more customers opt for the cloud delivery model.“
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