Source: fortune.com --- Tuesday, July 19, 2016
Microsoft continued to claim big cloud momentum on its fourth quarter conference call. That’s no surprise--what would have been shocking is if it had not done so. Investors liked what they saw, sending Microsoft share price up 4% at one point in after hours trading. For Microsoft, as for IBM ibm and other legacy IT providers, putting up big cloud numbers is now mandatory as more companies are changing the way they’re buying IT products. Instead of buying hundreds or thousands of new servers or storage boxes every few years, more companies are looking to run more of their software and store more of their data on shared public cloud infrastructure, like Microsoft Azure, Amazon amzn Web Services, or Google goog Compute Platform. But back to Microsoft’s fourth quarter earnings: As usual, assessing the actual numbers of the Azure cloud business is not easy. The company said on Tuesday that Azure’s revenue doubled year over year, without specifying an actual dollar figure. For reporting purposes, the company lumps Azure in with other products in its “intelligent cloud” product segment. Overall, that segment’s revenue grew about 7% year over year to $6.7 billion from about $6.3 billion. How much of that is Azure as opposed to Windows Server or other products? Unclear. Microsoft msft CEO Satya Nadella asserted that 80% of the major big banks are already Azure customers, but didn’t provide further detail. Are they using Azure to build and ...
from Microsoft http://ift.tt/2asbN4X
No comments:
Post a Comment