Influencing Factors in Choosing the Right Cloud Service Provider for Cloud-Enabled Solutions

Today, most companies across industries like IT, healthcare, consumer, retail, manufacturing, etc., are making a move to the cloud. The businesses have realized its potential, and the cloud computing service market is growing exponentially, eliminating costly, time-consuming, and complex in-house cloud infrastructure management. However, among all the aspects of migrating the entire business process to the cloud, selecting a Cloud Service Provider (CSP) is the most crucial and complicated part. Choosing the right cloud provider is not a choice; it is an absolute necessity now.

There are multiple cloud service providers like AWS, Ayla, ClearBlade, Azure, Everything, etc., in the market, out of which AWS (Amazon Web Services), GCP (Google Cloud Platform), and Microsoft Azure are major players. AWS has been in the market for a long, and as per Synergy Research, AWS has a market share of 33%, Microsoft Azure has 13%, and GCP has 6% as a cloud service provider. Such providers offer three kinds of service models – Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and Software-as-a-Service (SaaS).