Enterprises are increasingly leveraging cloud services in their pursuit of the digital businesses model as they seek to align cloud value proposition with business goals. Early adopters were seeking efficiency, but as the cloud services matured, the adoption of the cloud are driven by digital business needs such as faster time to value, better quality to satisfy the customers, more flexibility to react to an uncertain market, and a high availability of critical systems.

Everest Group recently released its report titled “Cloud Services PEAK Matrix^TM Assessment and compendium 2020”. This report analyzes the changing dynamics of the cloud services landscape and assesses service providers across several key dimensions.

As a part of this report, Everest Group updated its classification of 25 service providers on the Everest Group PEAK Matrix^TM for cloud services into Leaders, Major Contenders and Aspirants. The PEAK Matrix is a framework that provides an objective, data-driven and comparative assessment of cloud service providers based on their absolute market success and delivery capability.

Based on the analysis, HCL Technologies emerged as a Leader.

To know more download the report here.