Cloud Based Solution

Cloud Based Solution Success Stories [2024]

Pat Walls

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Updated: September 26th, 2024

In a world that increasingly relies on digital infrastructure, a cloud-based solution can be your ticket to a scalable and resilient business.

A cloud-based solution involves delivering computing services—such as storage, data processing, and software—over the internet. Instead of investing in physical infrastructure, clients can access your services through the cloud, leading to cost savings and unparalleled flexibility.

By offering cloud-based services, you cater to businesses seeking to optimize operations and secure their data. Providers like AWS and Azure make it feasible to start with minimal upfront investment, focusing instead on service delivery and client relationships.

To dive in, you need a solid technical foundation and a keen understanding of client needs. Whether it's a niche software application or a managed services platform, the opportunities are vast. This model not only promises consistent revenue streams but also positions you at the forefront of technological innovation, making it a compelling venture to start today.

In this list, you'll find real-world cloud-based solution success stories and very profitable examples of starting a cloud-based solution that makes money.

1. Indifferent Broccoli ($989K/year)

Jake Gaba, founder of Indifferent Broccoli, came up with the idea to start his game server hosting company while on a leave of absence from Stanford's Graduate School of Business. After brainstorming over 100 potential project ideas, he decided to buy an existing business, 7d2dServerHosting.com, for $25,000. He later expanded the business to include Viking Server Hosting for the popular game Valheim, and eventually rebranded to Indifferent Broccoli to stand out in the market and lay the foundation for future expansions beyond game hosting.

How much money it makes: $989K/year
How much did it cost to start: $25K
How many people on the team: 1

I Left Stanford & Bought A Small Website, Tripled Revenue In 6 Months

Jake Gaba tripled his game server hosting company's monthly recurring revenue from $1,600 MRR to $5,000 MRR after buying the business for $25,000, and has since launched new services for Viking and Valheim gaming servers under a distinct and memorable central hub brand, Indifferent Broccoli.

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2. VComply ($300K/year)

Harshvardhan Kariwala, the CEO and Founder of VComply, came up with the idea for his business after experiencing compliance issues in his previous startup. He realized the need for a tool that could track and manage governance, risk, and compliance workflows, leading him to develop VComply as an internal tool. After accidentally attracting the interest of the City of Boston, Harshvardhan recognized the potential of his product and decided to launch it as a business. Since then, VComply has received funding and has been steadily growing, with plans to expand further in the future.

How much money it makes: $300K/year
How many people on the team: 40

This Solo Founder Turned An Internal GRC Tool Into A $300K/Year Business

VComply CEO and Founder Harshvardhan Kariwala turned an internal governance, risk, and compliance (GRC) tool into a successful business, raising seed and Series A rounds of $2.5M and $6M, respectively, and projecting expansion into Australia, New Zealand, and Europe in 2022.

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