Top Cloud Companies in Minneapolis, MN (48)

Strong Revenue Growth: Revenue rose 26% year over year to $1.39B in Q1 FY2027, while ARR grew 24% to $5.51B with record net new ARR. Management also raised FY2027 revenue and ARR guidance, indicating confidence in continued double‑digit expansion.

Profitability: GAAP profitability was achieved in Q1 FY2027 (diluted EPS $0.11) alongside higher non‑GAAP earnings, reflecting operating leverage at scale. Prior periods also highlighted improving profit metrics, reinforcing an upward profitability trend.

Healthy Cash Flow: Cash generation reached record levels in Q1 FY2027 with $591M in operating cash flow and $468.5M in free cash flow. FY2026 likewise set records for operating and free cash flow, underscoring durable unit economics.

Strong Revenue Growth: Net revenue has increased over consecutive fiscal years to $638.4 million in FY26, building on gains reported in FY24 and FY25. This points to continued top-line expansion.

Investor Backing & Capital Strength: A significant minority investment from New Mountain Capital was announced on August 1, 2025 to accelerate growth, technology and acquisitions under an alternative practice structure. This provides funding capacity to scale and pursue M&A.

Innovation-Driven Growth: The mix is shifting toward advisory and technology services (nearly half of revenue per the firm), with capability additions reinforcing this pivot. The CompliancePoint transaction further broadens cybersecurity, privacy and compliance offerings.

Strong Market Position & Advantage: Red Hat is repeatedly positioned as a leader in container management and multicloud/hybrid cloud management, with OpenShift highlighted for hybrid development, tooling, and edge deployment. RHEL is also described as holding a commanding position in enterprise Linux, reinforcing defensibility in core infrastructure markets.

Strong Revenue Growth: Red Hat is described as delivering sustained double-digit revenue growth across multiple reported periods, and as a major growth contributor within IBM’s Hybrid Platform & Solutions/Software reporting. OpenShift ARR is cited as reaching the multi-billion-dollar range with growth that outpaces the broader portfolio, supporting momentum beyond core Linux.

Future-Ready Strategy: The company is portrayed as positioning for enterprise AI infrastructure and continued hybrid-cloud standardization, tying product roadmaps (OpenShift, Ansible, RHEL) to modernization and AI operationalization. Strategic emphasis on open standards, automation, security, and hybrid portability is presented as aligned with evolving enterprise demands.

Resilient & Sustainable Growth: Revenue has increased for 100 consecutive quarters, with 2026 still guided to 5–6% growth and Q2 2026 up 6% year over year. A high mix of recurring revenue from the retail cloud network underpins steadiness across cycles.

Profitability: Margins are expanding, with Q2 2026 adjusted EBITDA up 19% and full‑year guidance implying ~34% margin, roughly 300 bps above 2025. The June 30, 2026 divestiture is expected to be neutral to adjusted EBITDA in H2 while mix shifts help preserve profitability.

Strong Market Position & Advantage: Positioning as a retail‑focused EDI leader is reinforced by 50,000+ recurring‑revenue customers, extensive pre‑mapped connections, and relationships with a majority of top North American retailers. Network effects and deep ERP integrations strengthen switching costs and partner pull‑through.

Strong Revenue Growth: Evidence indicates Epicor surpassed $1B in annual recurring revenue and outlined plans to roughly double sales within four years, signaling momentum in subscriptions. Communications emphasize accelerating cloud migrations, which typically bolster recurring revenue mix.

Strong Market Position & Advantage: Analyst recognitions position Epicor as a Leader in Gartner’s Cloud ERP for Product‑Centric Enterprises and IDC’s SMB/midmarket ERP assessments. Independent summaries consistently frame Epicor as strong in midmarket manufacturing and distribution niches.

Investor Backing & Capital Strength: Ownership by CD&R alongside new investment from CVC is cited as support to accelerate growth and continued SaaS/AI investment. An active M&A cadence in 2024–2025 reinforces access to capital for portfolio expansion.

Strong Market Position & Advantage: Workday is repeatedly positioned in the leadership tier for enterprise cloud HCM and service-centric cloud ERP, alongside signals of top-tier share in SaaS ERP. Workday also shows large-scale adoption with a broad customer footprint and sustained enterprise presence.

Strong Revenue Growth: Workday reports continued double-digit total and subscription revenue growth across FY2026, with quarterly results also reflecting low-to-mid teens expansion. Forward guidance continues to point to ongoing subscription growth off a multi‑billion‑dollar base.

Healthy Cash Flow: Operating cash flow and free cash flow are described as rising meaningfully in FY2026, indicating strong conversion of subscription growth into cash generation. Backlog growth is also cited as supporting forward visibility into future revenue.

Strong Market Position & Advantage: Industry rankings and awards place WWT among top solution providers and large private tech firms, underscoring leadership in its segment. Scale indicators like more than $20 billion in revenue and Fortune/Time recognition reinforce durable standing.

Strategic Partnerships: Deep alliances with major vendors such as Cisco, Dell, HPE, Intel, Microsoft, NetApp, F5, Tanium, VMware and NVIDIA are evidenced by multiple Partner of the Year honors. These relationships expand influence across AI, networking, cloud and data platforms.

Innovation-Driven Growth: The Advanced Technology Center and AI Proving Ground, plus significant AI infrastructure investments and a partnership with Coder, highlight a lab‑led approach to next‑gen solutions. This capability to test and validate multivendor architectures supports adoption and differentiation.

Strong Market Position & Advantage: Traction is demonstrated through named enterprise wins and public customer stories including Target and announcements naming Urban Outfitters, Mango, and Komar Brands. Positioning is strongest when the category is defined as supplier quality/compliance/traceability for retail and apparel, where it is described as a go-to specialist.

Investor Backing & Capital Strength: Capital strength is supported by a $50M Series B led by Insight Partners, cited as underpinning continued product expansion. Investor commentary in the funding context characterizes the company as a market leader in an industry needing modernization.

Innovation-Driven Growth: Product investment is evidenced by the January 2026 launch of Supply Chain Network Intelligence and messaging around an AI “co-pilot” and network intelligence layer. Recognition such as the AI Breakthrough 2024 award reinforces visibility around the AI-driven roadmap.

Strong Market Position & Advantage: Industry coverage indicates the Cohesity–Veritas data‑protection combination became the world’s largest data‑protection software provider by market share, concentrating leadership for NetBackup/Alta under Cohesity. This positions the core Veritas data‑protection franchise on a stronger competitive footing post‑deal.

Profitability: Trade reporting describes the Arctera spinout (ex‑Veritas units) as generating hundreds of millions in revenue with high adjusted EBITDA margins prior to its sale to Cloud Software Group. This suggests the carved‑out portfolio maintained healthy economics outside the combined data‑protection unit.

Customer Loyalty & Retention: The combined company is cited as serving 12,000+ customers, including a significant share of major enterprises, with reports noting continuity of support across both successor vendors. Such entrenched adoption supports durable retention through the transition.