Microsoft’s 12% YoY Q1 revenue growth drove by people having to stay indoors: remote work, more gaming, and remote conversation. A major contributing factor this quarter (July-September) was growth in commercial cloud, which crossed $15 billion in revenue, up by a third year-on-year. “The next decade of economic performance for every business will be defined by the speed of their digital transformation,” CEO Satya Nadella declared. Cloud: Azure grows 48%, Intelligent Cloud segment sees highest growth Azure revenue grew at 48% YoY, driven by growth in consumption-based business. “This quarter, we saw better than expected growth in our per-user enterprise mobility business as the installed base increased 27% to 152 million seats,” the company said. The broader category that Azure sits inside is Intelligent Cloud reported $13 billion in revenue, up 20% year-on-year. This segment includes GitHub, Enterprises Services, SQL and Windows Server. It was also the highest growth segment for the company, with the others being Productivity and Business Processes (includes LinkedIn and Office365) and More Personal Computing (includes Windows and Xbox). The former grew 11% YoY and the latter grew 6% YoY. The way I think about the computing landscape going forward is if you sort of said at the highest of levels today as a percentage of GDP, tech spend is 5%. We think it will double in the next 10 years. And if anything, this pandemic perhaps has accelerated that doubling. And in that context, what’s the large -- the most secular need, it’s the need…
- Meta To Launch EU Operations Center to Combat Election Misinformation February 27, 2024
- Vijay Shekhar Sharma resigns from Paytm Bank board February 27, 2024
- Indonesia enacts regulation requiring digital platforms to pay news publishers for content February 27, 2024
- MeitY amends IT Rules, 2009 widening scope of who gets to delete interception records February 27, 2024
- Bank Record Verification to Facilitate Pension for Those Without Aadhaar: Allahabad HC Ruling February 27, 2024
This amendment widens the scope of those allowed to delete records pertaining to the direction of interception from law enforcement bodies to other authorities...
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...
The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...
Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...
Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...
RBI Deputy Governor Rabi Shankar called for self-regulation in the fintech sector, but here's why we disagree with his stance.
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...