{"id":39835,"date":"2019-10-24T10:22:04","date_gmt":"2019-10-24T10:22:04","guid":{"rendered":"https:\/\/www.cloudcomputing-news.net\/news\/2019\/oct\/24\/microsoft-again-secures-strong-revenues-material-growth-10m-azure-contracts-noted\/"},"modified":"2019-10-24T10:22:04","modified_gmt":"2019-10-24T10:22:04","slug":"microsoft-again-secures-strong-revenues-with-material-growth-in-10m-azure-contracts-noted","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/microsoft-again-secures-strong-revenues-with-material-growth-in-10m-azure-contracts-noted\/","title":{"rendered":"Microsoft again secures strong revenues with \u2018material growth\u2019 in $10m Azure contracts noted"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/www.cloudcomputing-news.net\/media\/img\/news\/iStock-939009244_lB7m4xA.jpg\"><\/p>\n<p style=\"margin-left:0cm; margin-right:0cm\"><span style=\"color:null\"><span style=\"background-color:white\">Microsoft has reported revenues of $33.1 billion (&pound;25.7bn) for its most recent quarter, with CEO Satya Nadella emphasising the importance of artificial intelligence (AI) in building out cloud applications.<\/span><\/span><\/p>\n<p style=\"margin-left:0cm; margin-right:0cm\"><span style=\"color:null\"><span style=\"background-color:white\">Writing the headline for Microsoft&rsquo;s quarterly earnings release requires conforming to some kind of template: &lsquo;Microsoft Cloud [noun] [verb] [quarter] Results&rsquo;. The noun, usually &lsquo;growth&rsquo; or &lsquo;strength&rsquo;, is optional, as is the word &lsquo;record&rsquo; when allowable, while the requisite verb will either be &lsquo;powers&rsquo;, &lsquo;fuels&rsquo;, or &lsquo;drives.&rsquo; <\/span><\/span><\/p>\n<p style=\"margin-left:0cm; margin-right:0cm\"><span style=\"color:null\"><span style=\"background-color:white\">This time round, it is a no-frills &ldquo;Microsoft Cloud Strength Drives First Quarter Results&rdquo;, with solid increases across the board. Microsoft&rsquo;s revenues are placed into three buckets; productivity and business processes, which hit $11 billion (&pound;8.6bn) at a 13.3% increase, intelligent cloud, which was at $10.8bn at a 26.6% yearly increase, and &lsquo;more personal computing&rsquo;, at $11.1bn representing a 3.6% change. Specific Azure figures are as ever not disclosed, however chief financial officer Amy Hood told analysts there had been &lsquo;material growth&rsquo; in the number of $10 million plus contracts in the quarter.<\/span><\/span><\/p>\n<p style=\"margin-left:0cm; margin-right:0cm\"><span style=\"color:null\"><span style=\"background-color:white\">In prepared remarks, Nadella cited the continued growth of Azure powering the rest of Microsoft&rsquo;s stack &ndash; although stopping short of using &lsquo;the world&rsquo;s computer&rsquo;, as with the most recent results &ndash; yet added a warning. &ldquo;Organisations today need a distributed computing fabric to meet their real world operational sovereignty and regulatory needs,&rdquo; said Nadella. <\/span><\/span><\/p>\n<p style=\"margin-left:0cm; margin-right:0cm\"><span style=\"color:null\"><span style=\"background-color:white\">&ldquo;Every Fortune 500 customer today is on a cloud migration journey, and we are making it faster and easier. We are reimagining customers&rsquo; data estates with the cloud era with new limitless capabilities.<\/span><\/span><\/p>\n<p style=\"margin-left:0cm; margin-right:0cm\"><span style=\"color:null\"><span style=\"background-color:white\">&ldquo;We are accelerating our innovation across the entire technology stack to deliver new value for customers,&rdquo; Nadella added. &ldquo;We&rsquo;re investing aggressively in large markets with significant growth potential, and it&rsquo;s still early days.&rdquo;<\/span><\/span><\/p>\n<p style=\"margin-left:0cm; margin-right:0cm\"><span style=\"background-color:white\"><span style=\"color:null\">One area which appears to be gaining traction is through Microsoft 365, the name for the overall suite of &lsquo;productivity cloud&rsquo; products. As <\/span><a href=\"https:\/\/www.zdnet.com\/article\/a-new-microsoft-cloud-category-to-watch-the-microsoft-365-number\/\" style=\"color:#0563c1; text-decoration:underline\"><span style=\"color:null\">reported by ZDnet<\/span><\/a><span style=\"color:null\">, the company&rsquo;s &lsquo;Windows commercial products and cloud services revenue growth&rsquo; may be the indicator, with that category seeing a particular spike up 26% in Q120 compared to 12% the year before.<\/span><\/span><\/p>\n<p style=\"margin-left:0cm; margin-right:0cm\"><span style=\"color:null\"><span style=\"background-color:white\">&ldquo;Microsoft 365 is the world&rsquo;s productivity cloud and the only comprehensive solution that empowers everyone from the C-suite to first line workers with an integrated secure experience on any device,&rdquo; added Nadella. &ldquo;We&rsquo;re infusing AI across Microsoft 365 to help make work more intuitive and natural.&rdquo;<\/span><\/span><\/p>\n<p style=\"margin-left:0cm; margin-right:0cm\"><span style=\"background-color:white\"><span style=\"color:null\">Microsoft&rsquo;s highlights from the most recent quarter were varied. The company expanded its cloud data centres to <\/span><a href=\"https:\/\/www.cloudcomputing-news.net\/news\/2019\/sep\/10\/microsoft-expands-european-azure-presence-germany-and-switzerland-launches\/\" style=\"color:#0563c1; text-decoration:underline\"><span style=\"color:null\">Germany and Switzerland<\/span><\/a><span style=\"color:null\">, as well as India, where a major partnership with network operator Reliance Jio was <\/span><a href=\"https:\/\/www.cloudcomputing-news.net\/news\/2019\/aug\/13\/microsoft-and-reliance-jio-team-10-year-cloud-deal-transform-indian-economy-and-society\/\" style=\"color:#0563c1; text-decoration:underline\"><span style=\"color:null\">announced in August<\/span><\/a><span style=\"color:null\">. Microsoft announced the <\/span><a href=\"https:\/\/www.cloudcomputing-news.net\/news\/2019\/sep\/05\/microsoft-acquire-cloud-migration-tool-provider-movere\/\" style=\"color:#0563c1; text-decoration:underline\"><span style=\"color:null\">acquisition of cloud migration tool Movere<\/span><\/a><span style=\"color:null\"> in September, and most recently <\/span><a href=\"https:\/\/www.cloudcomputing-news.net\/news\/2019\/oct\/21\/sap-embraces-microsoft-stronger-preferred-cloud-partnership\/\" style=\"color:#0563c1; text-decoration:underline\"><span style=\"color:null\">secured a partnership with SAP<\/span><\/a><span style=\"color:null\"> &ndash; putting them ahead of their hyperscaler rivals. &nbsp;<\/span><\/span><\/p>\n<p style=\"margin-left:0cm; margin-right:0cm\"><span style=\"background-color:white\"><span style=\"color:null\">You can read Microsoft&rsquo;s full results <\/span><a href=\"https:\/\/www.microsoft.com\/en-us\/Investor\/earnings\/FY-2020-Q1\/press-release-webcast\" style=\"color:#0563c1; text-decoration:underline\"><span style=\"color:null\">here.<\/span><\/a><\/span><\/p>\n<p style=\"margin-left:0cm; margin-right:0cm\"><a href=\"https:\/\/www.cybersecuritycloudexpo.com\/\" style=\"color:#0563c1; text-decoration:underline\"><span style=\"color:blue\"><img decoding=\"async\" alt=\"https:\/\/www.cybersecuritycloudexpo.com\/wp-content\/uploads\/2018\/09\/cyber-security-world-series-1.png\" src=\"https:\/\/www.cybersecuritycloudexpo.com\/wp-content\/uploads\/2018\/09\/cyber-security-world-series-1.png\" style=\"height:59px; width:272px\" \/><\/span><\/a><strong>Interested in hearing industry leaders discuss subjects like this and sharing their experiences and use-cases<\/strong>? Attend the <a href=\"https:\/\/www.cybersecuritycloudexpo.com\/\" style=\"color:#0563c1; text-decoration:underline\">Cyber Security &amp; Cloud Expo World Series<\/a> with upcoming events in Silicon Valley, London and Amsterdam to learn more.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Microsoft has reported revenues of $33.1 billion (&pound;25.7bn) for its most recent quarter, with CEO Satya Nadella emphasising the importance of artificial intelligence (AI) in building out cloud applications.<br \/>\nWriting the headline for Microsoft&amp;rsquo&#8230;<\/p>\n","protected":false},"author":50,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-39835","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/39835","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/50"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=39835"}],"version-history":[{"count":1,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/39835\/revisions"}],"predecessor-version":[{"id":39836,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/39835\/revisions\/39836"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=39835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=39835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=39835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}