Insights

Insights

50 Hungarian future-proof companies from the cloud

Outstanding cloud-based digital performance

{{'2022-04-08' | formatDate}}

Gábor Vasvári

In addition to well-known brands, several startup players are also included in the Cloud 50 list compiled with the support of T-Systems, prepared by Forbes for presenting outstanding cloud-based digital performances.

A total of fifty Hungarian companies with at least 80 percent of their operations based on cloud are included in the Cloud 50 list compiled by Forbes. This list shows – in analogy to the American The Cloud 100 – the most successful service providers using cloud technology, founded by Hungarian private persons, with at least 20 percent held by Hungarian entities and not listed on the stock exchange. A further important selection criterion was that the companies’ in-house developments should extend the cloud ecosystem.

The aggregate sales revenue in 2021 of the companies included in the list compiled with the support of T-Systems is near HUF 150 billion. Most of them are working in the e-commerce sector, while numerous companies were included from the financial, agricultural, health or – not surprisingly – the IT sector. Similar to the American model, the Hungarian list also includes several startup players from vertical fields. Additionally, well-known and recognised brands, like Bookline, Edigital-Emag (former Extreme Digital), GreenGo, Ingatlan.com, Logiscool, Prezi, ShareNow and Számlázz.hu are also on the list.

A common feature of the companies included in the Cloud 50 list showing outstanding digital performances is that their cloud-based services not only make their own operation efficient, but also ensure highly flexible service provision to customers. In addition to innovative approach, a reliable technological partner and a cleverly built virtual infrastructure also play a key role in further development.

Although one third of domestic companies have already some experience with cloud-based business applications, it requires a major paradigm change for the cloud to grow from a tool supporting business purposes to a tool with strategic importance, to become a sort of new evolution level.

While the Hungarian market is progressing roughly at the pace of the East-European average, and in a few years it can even triple its volume, for the moment the majority of the companies choose between on-premise and cloud solutions on the basis of the specific solution and conditions. What is more, these are used rather parallel, and they open to purely cloud-based operation modes only cautiously.

T-Systems, that possesses the widest cloud portfolio on the Hungarian market, helps finding the best solution: we offer cost-efficient services with prime quality in all cloud types and service forms and – uniquely in Hungary – also in a form that combines the benefits of public and private cloud.