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Cloud-managed service providers help businesses improve efficiency and reduce costs by managing their cloud environments. As more companies embrace hybrid and multi-cloud approaches, having an experienced partner to handle daily operations and optimization is key.
In this comprehensive guide, we evaluate the top cloud managed service providers of 2023 based on services offered, experience, partners, customers, and more.
What Are Cloud Managed Services and Why Are They Valuable?
Cloud managed services involve outsourcing your cloud operations, governance, and optimization to a team of experts. Managed service providers take care of routine tasks like:
- Cloud infrastructure setup and configuration
- Migration to the cloud
- Security monitoring and optimization
- Cost management
- Performance tuning
- IT support and troubleshooting
This allows your in-house IT team to focus on innovation and your core business instead of cloud maintenance.
Benefits of using a managed service provider include:
- Cost savings: Avoid expensive capital expenditures by only paying for the cloud services you use. MSPs also optimize spend.
- Top-tier expertise: Gain access to engineers with years of cloud experience instead of training internal teams.
- Better security and compliance: Reduce risk related to data breaches with 24/7 monitoring.
- Performance and scalability: Ensure optimal uptime and the ability to scale seamlessly during traffic spikes.
As per Mordor Intelligence, the managed cloud services market is expected to reach $116.2 billion by 2026, growing at a 13.7% CAGR from 2021.
Comparison of the Top Cloud Managed Service Providers
Here is an overview of leading MSPs in the cloud services market based on key factors:
| Provider | Headquarters | Founded | Employees | Revenue | Key Services |
| Accenture | Dublin, Ireland | 1989 | >10,000 | $41-42 billion | Cloud strategy, migration, platforms, security |
| Rackspace | Texas, United States | 1998 | 5,001-10,000 | $2-5 billion | Public, private, hybrid, and multi-cloud management |
| Capgemini | Paris, France | 1967 | >10,000 | €13.2 billion | Assessments, cloud-native apps, managed services |
| Nordcloud | Helsinki, Finland | 2011 | 201-500 | $8-49 million | Migration, security monitoring, optimization |
| DXC Technology | Tysons, Virginia | 2017 | >10,000 | $20-25 billion | Hybrid infrastructure, apps, security |
Below we explore 5 of the leading options in more detail.
1. Accenture – Comprehensive Hybrid Cloud Solutions
Overview
Part of the Fortune Global 500, Accenture is a global professional services firm that has helped over 94% of Fortune 100 companies transform with the cloud.
History
Founded in 1989, Accenture has grown rapidly via mergers and acquisitions to become one of the world‘s most valuable consultancies. Their cloud division now spans nearly all industries and regions.
Key Details
- Headquarters: Dublin, Ireland
- Employees: Over 513,000 globally
- Revenue: $61.6 billion
- Cloud Partners: AWS, Microsoft Azure, Google Cloud Platform, Oracle Cloud, Salesforce
Services
Accenture provides a complete range of cloud advisory, migration, implementation, and managed services:
- Cloud strategy consulting
- Multi-cloud deployment and management
- Hybrid models
- Cloud-native development
- Cloud security
- Industry cloud solutions
- Cloud data and AI
They are highly experienced at transitioning enterprises to the cloud securely while optimizing spend and ensuring compliance.
Notable Customers
Accenture serves over 94% of the Fortune 100 and thousands of other organizations globally. Customers include Schneider Electric, National Grid, Stanley Black & Decker, American Cancer Society, and more.
Why Choose Accenture?
Accenture stands out for its unparalleled scale, depth of cloud expertise, long-standing customer relationships, and ability to handle complex multi-national deployments.
2. Rackspace – Leader in Multi-Cloud Management
Overview
Rackspace Technology is a leading pure-play cloud MSP providing exceptional reliability and cost efficiency across setup, security, apps, data, and more.
History
Rackspace was founded in 1998 and went public in 2008 (NYSE: RXT). It has over 20 years of cloud management experience.
Key Details
- Headquarters: San Antonio, Texas
- Employees: Over 6,800 globally
- Revenue: $2.7 billion
- Cloud Partners: AWS, Microsoft Azure, Google Cloud Platform, VMware
Services
- Public, private, and hybrid cloud
- Multi-cloud management
- Migration and app modernization
- Managed security
- Database administration
- Cost optimization
- Architectural guidance
- 24x7x365 support
Notable Customers
Customers span manufacturing, retail, healthcare, finance, transportation, entertainment, non-profit, and more. They include Norwegian Cruise Line, Fujifilm, Dicks Sporting Goods, Crowdstrike, and Nordstrom.
Why Choose Rackspace?
Rackspace reduces complexity so customers can tap the power of multi-cloud. With unbiased expertise across platforms, predictable pricing, and Fanatical Support, they are the go-to choice for superior outcomes.
3. Capgemini – Global Cloud Transformation Leader
Overview
Capgemini is a leader in strategic cloud consulting and services for large scale digital transformation. They leverage deep technical expertise to solve complex challenges.
History
For over 50 years, Capgemini has helped leading organizations take advantage of emerging technologies. Today over 900 multi-disciplinary experts partner with enterprises to accelerate cloud and 5G innovation.
Key Details
- Headquarters: Paris, France
- Employees: Over 340,000 globally
- Revenue: €21.9 billion
- Cloud Partners: AWS, Microsoft Azure, Google Cloud Platform, Salesforce
Services
As a global strategic partner to hyperscalers, Capgemini unlocks powerful outcomes across:
- Cloud strategy and migration planning
- SAP and Oracle migrations
- Data estate modernization
- 5G edge system integration
- Managed multi-cloud
Notable Customers
Capgemini assists the majority of market-leading companies including Air France-KLM, Unilever, Standard Chartered, European Environment Agency, Carrefour, and more.
Why Choose Capgemini?
When transformation has to work on immense scale, applied innovation matters. With proven methodologies endorsed by strategic partners, Capgemini delivers tangible ROI across regions.
4. Nordcloud – Top European Born Multi-Cloud Experts
Overview
Nordcloud accelerates European companies’ migrations to cloud-based infrastructures for scalability, cost savings, and speed.
History
Founded in 2011 in Finland, Nordcloud has since expanded rapidly across Europe and helped over 1000 companies modernize. They are a Premier Consulting Partner for AWS and Google Cloud Platform.
Key Details:
- Headquarters: Helsinki, Finland
- Employees: Over 420
- Revenue: $60M
- Cloud Partners: AWS, Google Cloud Platform, Microsoft Azure
Services:
Nordcloud plans and executes all aspects of secure multi-cloud deployment:
- Migration roadmapping
- Replatforming traditional apps
- Cloud-native development
- Containers, serverless, and microservices
- Compliance auditing and remediation
- Management portal
Notable Customers
Nordcloud serves a diverse set of European brands including Spotify, Santander, Mammut Sports Group, Veikkaus, and more.
Why Choose Nordcloud?
Boasting a 97% recommendation rate, Nordcloud simplifies innovation for EU companies through strong cloud ecosystem know-how combined with strategic local partnerships.
5. DXC Technology – End-to-End Enterprise Cloudification
Overview
DXC Technology empowers enterprises and government agencies to run mission-critical systems securely across private and public clouds.
History
DXC formed in 2017 — bringing CSC’s 100+ years of experience alongside Hewlett Packard’s assets — to build new systems enabling digital transformation.
Key Details
- Headquarters: Tysons Corner, Virginia
- Employees: 138,000 globally
- Revenue: $19.5 billion
- Cloud Partners: AWS, Google Cloud Platform, Microsoft Azure, VMware
Services
DXC offers comprehensive managed cloud services:
- Multi-cloud setup and migration
- Hybrid cloud management
- Cloud-based SAP solutions
- Managed container services
- Cloud security monitoring
- Machine learning ops
- Financial management
Notable Customers
Leading financial institutions, manufacturers, public sector groups, and retailers trust DXC, including Wells Fargo, Dell, Ford Motor Company, Spain Ministry of Finance, and Marks & Spencer.
Why Choose DXC?
For seamless hybrid cloud deployments integrating legacy infrastructure, DXC brings together deep domain expertise in commercial and custom apps securing data integrity from migration through management.