diff --git a/api/include/opentelemetry/global/factory.h b/api/include/opentelemetry/global/factory.h
deleted file mode 100644
index 8631759c2b..0000000000
--- a/api/include/opentelemetry/global/factory.h
+++ /dev/null
@@ -1,21 +0,0 @@
-#pragma once
-
-#include "opentelemetry/trace/tracer_factory.h"
-
-using opentelemetry::trace::TracerFactory;
-
-namespace opentelemetry
-{
-namespace global
-{
-class Factory
-{
-public:
-  static TracerFactory *GetTracerFactory();
-  static void SetTracerFactory(TracerFactory *);
-
-private:
-  static TracerFactory *tracer_factory_;
-};
-}  // namespace global
-}  // namespace opentelemetry
diff --git a/api/include/opentelemetry/global/provider.h b/api/include/opentelemetry/global/provider.h
new file mode 100644
index 0000000000..991ab10e48
--- /dev/null
+++ b/api/include/opentelemetry/global/provider.h
@@ -0,0 +1,21 @@
+#pragma once
+
+#include "opentelemetry/trace/tracer_provider.h"
+
+using opentelemetry::trace::TracerProvider;
+
+namespace opentelemetry
+{
+namespace global
+{
+class Provider
+{
+public:
+  static TracerProvider *GetTracerProvider();
+  static void SetTracerProvider(TracerProvider *);
+
+private:
+  static TracerProvider *tracer_provider_;
+};
+}  // namespace global
+}  // namespace opentelemetry
diff --git a/api/include/opentelemetry/trace/tracer_factory.h b/api/include/opentelemetry/trace/tracer_provider.h
similarity index 73%
rename from api/include/opentelemetry/trace/tracer_factory.h
rename to api/include/opentelemetry/trace/tracer_provider.h
index 39d5818754..65d297c75a 100644
--- a/api/include/opentelemetry/trace/tracer_factory.h
+++ b/api/include/opentelemetry/trace/tracer_provider.h
@@ -10,9 +10,10 @@ namespace opentelemetry
 {
 namespace trace
 {
-class TracerFactory
+class TracerProvider
 {
 public:
+  virtual ~TracerProvider()                                                              = default;
   virtual Tracer *const GetTracer(string_view library_name, string_view library_version) = 0;
 };
 }  // namespace trace
diff --git a/api/src/opentelemetry/global/factory.cc b/api/src/opentelemetry/global/factory.cc
deleted file mode 100644
index 6a93969897..0000000000
--- a/api/src/opentelemetry/global/factory.cc
+++ /dev/null
@@ -1,40 +0,0 @@
-#include "opentelemetry/global/factory.h"
-
-using opentelemetry::trace::Tracer;
-using opentelemetry::trace::TracerFactory;
-
-namespace opentelemetry
-{
-namespace global
-{
-class DefaultTracerFactory : public TracerFactory
-{
-  Tracer *const GetTracer(string_view library_name, string_view library_version = "") override
-  {
-    // TODO: return a no-op tracer
-    return nullptr;
-  }
-};
-
-TracerFactory *Factory::tracer_factory_ = nullptr;
-
-TracerFactory *Factory::GetTracerFactory()
-{
-  if (!Factory::tracer_factory_)
-  {
-    Factory::tracer_factory_ = new DefaultTracerFactory();
-  }
-  return Factory::tracer_factory_;
-}
-
-void Factory::SetTracerFactory(TracerFactory *tf)
-{
-  if (Factory::tracer_factory_)
-  {
-    delete Factory::tracer_factory_;
-  }
-
-  Factory::tracer_factory_ = tf;
-}
-}  // namespace global
-}  // namespace opentelemetry
diff --git a/api/src/opentelemetry/global/provider.cc b/api/src/opentelemetry/global/provider.cc
new file mode 100644
index 0000000000..7f39718e36
--- /dev/null
+++ b/api/src/opentelemetry/global/provider.cc
@@ -0,0 +1,40 @@
+#include "opentelemetry/global/provider.h"
+
+using opentelemetry::trace::Tracer;
+using opentelemetry::trace::TracerProvider;
+
+namespace opentelemetry
+{
+namespace global
+{
+class DefaultTracerProvider : public TracerProvider
+{
+  Tracer *const GetTracer(string_view library_name, string_view library_version = "") override
+  {
+    // TODO: return a no-op trace
+    return nullptr;
+  }
+};
+
+TracerProvider *Provider::tracer_provider_ = nullptr;
+
+TracerProvider *Provider::GetTracerProvider()
+{
+  if (!Provider::tracer_provider_)
+  {
+    Provider::tracer_provider_ = new DefaultTracerProvider();
+  }
+  return Provider::tracer_provider_;
+}
+
+void Provider::SetTracerProvider(TracerProvider *tf)
+{
+  if (Provider::tracer_provider_)
+  {
+    delete Provider::tracer_provider_;
+  }
+
+  Provider::tracer_provider_ = tf;
+}
+}  // namespace global
+}  // namespace opentelemetry
diff --git a/api/test/global/global_test.cc b/api/test/global/global_test.cc
index d428ed5eb4..129777a4fd 100644
--- a/api/test/global/global_test.cc
+++ b/api/test/global/global_test.cc
@@ -1,11 +1,11 @@
-#include "opentelemetry/global/factory.h"
+#include "opentelemetry/global/provider.h"
 
 #include <gtest/gtest.h>
 
-using opentelemetry::global::Factory;
+using opentelemetry::global::Provider;
 using opentelemetry::trace::Tracer;
 
-class TestFactory : public opentelemetry::trace::TracerFactory
+class TestProvider : public opentelemetry::trace::TracerProvider
 {
   Tracer *const GetTracer(string_view library_name, string_view library_version) override
   {
@@ -13,15 +13,15 @@ class TestFactory : public opentelemetry::trace::TracerFactory
   }
 };
 
-TEST(Factory, GetTracerFactoryDefault)
+TEST(Provider, GetTracerProviderDefault)
 {
-  auto tf = Factory::GetTracerFactory();
+  auto tf = Provider::GetTracerProvider();
   ASSERT_NE(tf, nullptr);
 }
 
-TEST(Factory, SetTracerFactory)
+TEST(Provider, SetTracerProvider)
 {
-  auto tf = new TestFactory();
-  Factory::SetTracerFactory(tf);
-  ASSERT_EQ(Factory::GetTracerFactory(), tf);
+  auto tf = new TestProvider();
+  Provider::SetTracerProvider(tf);
+  ASSERT_EQ(Provider::GetTracerProvider(), tf);
 }
diff --git a/sdk/include/opentelemetry/sdk/trace/tracer_factory.h b/sdk/include/opentelemetry/sdk/trace/tracer_provider.h
similarity index 78%
rename from sdk/include/opentelemetry/sdk/trace/tracer_factory.h
rename to sdk/include/opentelemetry/sdk/trace/tracer_provider.h
index a83b6b426d..99bcfeff8d 100644
--- a/sdk/include/opentelemetry/sdk/trace/tracer_factory.h
+++ b/sdk/include/opentelemetry/sdk/trace/tracer_provider.h
@@ -3,7 +3,7 @@
 #include <memory>
 #include <vector>
 
-#include "opentelemetry/trace/tracer_factory.h"
+#include "opentelemetry/trace/tracer_provider.h"
 
 using opentelemetry::nostd::string_view;
 using opentelemetry::trace::Tracer;
@@ -14,7 +14,7 @@ namespace sdk
 {
 namespace trace
 {
-class TracerFactory : public opentelemetry::trace::TracerFactory
+class TracerProvider : public opentelemetry::trace::TracerProvider
 {
 public:
   Tracer *const GetTracer(string_view library_name, string_view library_version = "") override;
diff --git a/sdk/src/opentelemetry/trace/tracer_factory.cc b/sdk/src/opentelemetry/trace/tracer_provider.cc
similarity index 61%
rename from sdk/src/opentelemetry/trace/tracer_factory.cc
rename to sdk/src/opentelemetry/trace/tracer_provider.cc
index 64817a91b7..5522f22290 100644
--- a/sdk/src/opentelemetry/trace/tracer_factory.cc
+++ b/sdk/src/opentelemetry/trace/tracer_provider.cc
@@ -1,4 +1,4 @@
-#include "opentelemetry/sdk/trace/tracer_factory.h"
+#include "opentelemetry/sdk/trace/tracer_provider.h"
 
 namespace opentelemetry
 {
@@ -6,7 +6,7 @@ namespace sdk
 {
 namespace trace
 {
-Tracer *const TracerFactory::GetTracer(string_view library_name, string_view library_version)
+Tracer *const TracerProvider::GetTracer(string_view library_name, string_view library_version)
 {
   tracers_.emplace_back(new Tracer(library_name, library_version));
   return tracers_.back().get();
diff --git a/sdk/test/trace/BUILD b/sdk/test/trace/BUILD
index 26ea89cb4c..25fcf2447c 100644
--- a/sdk/test/trace/BUILD
+++ b/sdk/test/trace/BUILD
@@ -1,7 +1,7 @@
 cc_test(
-      name = "tracer_factory",
+      name = "tracer_provider",
       srcs = [
-          "tracer_factory_test.cc",
+          "tracer_provider_test.cc",
       ],
     deps = [
         "//sdk",
diff --git a/sdk/test/trace/tracer_factory_test.cc b/sdk/test/trace/tracer_provider_test.cc
similarity index 66%
rename from sdk/test/trace/tracer_factory_test.cc
rename to sdk/test/trace/tracer_provider_test.cc
index b9cd7d33cf..89dd7f1595 100644
--- a/sdk/test/trace/tracer_factory_test.cc
+++ b/sdk/test/trace/tracer_provider_test.cc
@@ -1,12 +1,12 @@
-#include "opentelemetry/sdk/trace/tracer_factory.h"
+#include "opentelemetry/sdk/trace/tracer_provider.h"
 
 #include <gtest/gtest.h>
 
-using opentelemetry::sdk::trace::TracerFactory;
+using opentelemetry::sdk::trace::TracerProvider;
 
-TEST(TracerFactory, GetTracer)
+TEST(TracerProvider, GetTracer)
 {
-  auto tf = new TracerFactory();
+  auto tf = new TracerProvider();
   auto t1 = tf->GetTracer("test");
   auto t2 = tf->GetTracer("test");
   auto t3 = tf->GetTracer("different");