Microsoft Cloud Hits New Milestone
Microsoft has become the first cloud vendor to hit $100 billion in annual revenue. That is a huge accomplishment and says a lot about the future of cloud.
Microsoft’s cloud revenue was up 22% from one year ago and the cloud growth rate was 32%. They reported cloud revenue of $27.1 billion and $101.9 billion in Microsoft Cloud revenue for the calendar year.
Microsoft reported some other key stats:
- Azure growth rate was 46%
- Dynamics 365 growth rate was 45%
- Cloud revenue as a percentage of total Microsoft revenue was 51.4%
Cloud technologies are going to continue to be adopted as more and more organizations look to modernize their technology solutions.
2W Tech is a Microsoft Solutions Provider for Azure. We have a team of expert IT Consultants that can introduce your business to the features and benefits of the Microsoft Azure cloud. Don’t wait, contact us today!