Synaptic Assignment VF
Synaptic Assignment VF
Synaptic Assignment VF
November 2024
Why Prefer a Cloud Vendor over Building an In-House IT Stack?
COST EFFICIENCY
Cloud services eliminate the need for substantial capital expenditures on hardware and facilities
The pay-as-you-go model allows businesses to pay only for the resources they use, converting capital expenses into operational expenses
SCALABILITY
Cloud platforms provide the flexibility to scale resources up or down based on demand, ensuring optimal performance during peak times
without over-provisioning during low-usage periods
By outsourcing IT infrastructure management, businesses can concentrate on their core competencies, driving innovation and growth
01 02 03
04 05 06
Source: Gartner, Statista, EY, Secondary Research & Analysis *IaaS – Information-as-Service, PaaS – Platform-as-Service, SaaS- Software-as-Service
Likert scale was used to rank the shortlisted companies, with the top 6 chosen based on
their performance across different criteria
Cloud Service Provider Market Presence Service Portfolio Global Presence Security & Compliance Pricing & Support Total Score Total Score (10) Recommendation
Amazon Web Services (AWS) 10 10 10 10 9 49 9.8
Microsoft Azure 9 9 10 10 9 47 9.4
Google Cloud Platform (GCP) 8 9 9 9 9 44 8.8
Oracle Cloud 7 8 8 9 8 40 8.0
IBM Cloud 8 8 8 8 8 40 8.0
Salesforce 8 7 7 9 9 40 8.0
Alibaba Cloud 7 8 7 9 8 39 7.8
SAP Cloud 7 8 7 9 7 38 7.6
VMware Cloud 6 8 7 9 8 38 7.6
Tencent Cloud 7 7 8 8 7 37 7.4
Red Hat OpenShift 7 8 6 8 8 37 7.4
Rackspace Technology 6 7 7 8 8 36 7.2
DigitalOcean 7 6 7 7 8 35 7.0
HPE GreenLake 6 7 6 8 8 35 7.0
Fujitsu Cloud 6 7 6 8 7 34 6.8
Cisco Cloud Solutions 6 7 6 8 7 34 6.8
Linode 6 6 6 7 8 33 6.6
OVHcloud 6 6 6 7 8 33 6.6
CenturyLink Cloud 6 6 6 7 7 32 6.4
Verizon Cloud 6 6 5 7 7 31 6.2
Top Recommendation
Legend: Alternate Recommendation
No Go
Criteria Amazon Web Services Microsoft Azure Google Cloud Platform IBM Cloud Oracle Cloud
Extensive services across Comprehensive offerings Robust data analytics, Specializes in database
Focus on AI (Watson),
IaaS, PaaS, and SaaS, with strong integration of AI/ML services, and services, enterprise
Service Portfolio including AI/ML, analytics, Microsoft products, AI/ML, containerization
enterprise solutions, and
applications, and hybrid
hybrid cloud deployments
and IoT and enterprise applications (Kubernetes) expertise cloud
Pay-as-you-go with Pay-as-you-go, reserved Pay-as-you-go with Flexible pricing with pay- Pay-as-you-go with options
Pricing Model reserved instances for cost instances, and hybrid sustained use discounts; as-you-go and subscription for reserved instances; free
savings; free tier available benefits; free tier available free tier available models; free tier available tier available
Comprehensive support
24/7 support with various 24/7 support with multiple 24/7 support with different
Customer tailored for enterprise 24/7 support
plans, including developer tiers, including premier levels, including premium
Support and enterprise support support for enterprises support options
clients, including dedicated (as mentioned on website)
account managers
For a well-established B2B software company, reliability, strong security, and compatibility with existing enterprise systems are crucial
Microsoft Azure stands out for its seamless integration with legacy Microsoft tools, making it easier for companies to leverage both cloud
and on-premise solutions through its hybrid cloud capabilities
Rationale Azure’s extensive support for enterprise applications, combined with top-tier security and compliance certifications, ensures data
protection and continuity
This setup is ideal for a mature business that requires stability and the flexibility to gradually transition or integrate legacy applications
into a cloud environment
Healthcare providers operate in one of the most regulated sectors, with strict data privacy requirements to protect sensitive patient
information
IBM Cloud is an excellent choice because it emphasizes security, compliance, and hybrid cloud solutions tailored for highly regulated
industries like healthcare. IBM’s certifications (e.g., HIPAA, GDPR) and industry-specific solutions ensure healthcare providers meet
Rationale regulatory demands
The hybrid cloud setup allows providers to maintain sensitive data on-premises while using the cloud for other applications
Additionally, IBM Watson’s AI capabilities support advanced data analytics, which can be leveraged for patient care insights, diagnostics,
and operational improvements
AWS offers a robust, cost-effective solution for startups that need flexibility to grow without significant upfront costs
With a pay-as-you-go pricing model and an extensive free tier, AWS allows startups to manage budgets effectively, scaling up resources
as the business grows
Rationale AWS’s comprehensive suite of tools for developers, along with startup support programs like AWS Activate, make it an ideal choice for
fast development and deployment
The platform’s high scalability ensures that B2C startups can handle increased user loads without performance issues
Additionally, AWS’s global reach provides options for future expansion if the business expands to other countries
A video or live streaming provider requires low latency, high availability, and efficient data handling capabilities to ensure a smooth user
experience
Google Cloud Platform (GCP) is designed for high-performance data-intensive tasks and shares the same infrastructure that supports
YouTube, making it particularly suited for streaming services
Rationale GCP’s global content delivery network (CDN) ensures minimal buffering and high video quality, while its powerful data analytics tools
(like BigQuery) enable real-time data processing
For added functionality, GCP’s AI tools can be used for real-time translation, content tagging, and user personalization, enhancing the
streaming experience and user engagement
AWS is a strong choice for financial startups due to its extensive security features and compliance with industry standards like PCI DSS
and SOC
AWS offers a range of financial services tools, including encryption and data management options, which are essential for handling
Rationale sensitive financial information
Amazon SageMaker and Redshift provide advanced machine learning and data analytics capabilities, enabling investment tech
companies to perform predictive modeling, analyze large datasets, and support algorithmic trading with high performance and reliability
Microsoft Azure is also well-suited for financial technology applications, especially for startups focused on financial compliance and
integration with enterprise tools
Azure’s robust compliance certifications and focus on secure cloud infrastructure align well with financial industry requirements
Rationale Its integration with popular business applications and strong machine learning capabilities in Azure Machine Learning provide fintech
startups with tools for advanced data processing and modeling, critical for developing innovative financial products and maintaining
regulatory compliance