Cloud Services – Europe 


In the continuously maturing cloud adoption landscape, enterprises are leveraging cloud services to increase operational efficiency, enable business innovation, and accelerate organizational growth. There is a cautious approach to adoption due to the current economic headwinds, prompting enterprises to scrutinize their cloud modernization spend and focus on cloud operations. There is a strong focus on hybrid cloud and multi-cloud strategies as a way to enhance reliability and utilize the best-of-the-breed offerings across cloud providers. Industry-specific cloud offerings, AI-backed cloud solutions, cloud sustainability, and product-centric operations are also gaining traction.

European enterprises are primarily adopting cloud to drive operational efficiencies and business growth. Demand for sovereign, private, and hybrid cloud-hosted infrastructure has been on the rise. Furthermore, enterprises are seeking AI-enabled automation and SRE-enabled operations to better manage their multi-cloud environments. As a result, Service Providers (SPs) are strengthening their horizontal- and vertical-focused partnerships with regional providers in the public and private cloud space to aid enterprises in their cloud adoption engagements. They are increasing investments in regional delivery centers to provide compliant and accelerated cloud transformation services.

Cloud Services

What is in this PEAK Matrix® Report

In this report, we assess 27 cloud SPs featured on Cloud Services PEAK Matrix® Assessment 2023 – Europe and categorize them as Leaders, Major Contenders, and Aspirants based on their capabilities and offerings.
 

In this report, we:

  • Examine the market impact and vision and capability of 27 SPs focused on cloud services
  • Study providers’ key strengths and limitations
  • Evaluate enterprise sourcing considerations

Scope

  • All industries
  • Geography: Europe
  • The assessment is based on Everest Group’s annual RFI process for the calendar year 2023, interactions with leading cloud SPs, client reference checks, and an ongoing analysis of the cloud services market

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What is the PEAK Matrix®?

The PEAK Matrix® provides an objective, data-driven assessment of service and technology providers based on their overall capability and market impact across different global services markets, classifying them into three categories: Leaders, Major Contenders, and Aspirants.

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