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The giant consolidates the post-Windows era through a segment, "cloud," which grew 89% in the last quarter of the year. The multinational already has AWS on the horizon, which she dreams to dethrone.
Although it has progressed in all market segments in the fourth quarter of the year, it is Azure that has led Microsoft to record results that are now above the initial estimates analysts and Wall Street. The giant cloud of Redmond has increased by 89%. And, in the overall calculation, the company had revenues of $ 30,100 million, which represents an increase of 17% over the same quarter of the previous year. In total, it has surpassed the $ 100 billion in business turnover this year, "incredible results," according to Satya Nadella, CEO of the company, although the truth is that profits are down 35%.
In any case, Azure goes like a shot. It already has a 16% market share and is only behind AWS. Although, if the pace continues, experts point out, it could reach the $ 7 billion quarterly and be placed, little by little, with its competitor. The big supporter of this strategy was Nadella himself, who took a 180 degree turn and left the Windows era as the main focus of his business. Since the executive reached the highest position of the company in 2014, its shares have increased by 180%. "Investments in the cloud are paying off," he said. "We will continue to expand our influence in the markets through innovation."
Another important segment, and a firm commitment of the company, is productivity – including Office 365 -. This zone performed as expected, with growth of 13.1%, reaching $ 9.7 billion and also exceeding expectations.
Agreement with Walmart
One of the last moves of the multinational was the agreement reached with Walmart to be its leading cloud provider and to accelerate the digital transformation in the business of detail. The company will help standardize Microsoft brand products across the cloud, artificial intelligence and the Internet of Things.
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