Microsoft cloud

Microsoft’s hiked quarterly earnings confirm its booming cloud business

Microsoft disclosed its earnings report for FY17 Q4 for the month ending June 30, 2017. Surpassing analysts’ expectations, Microsoft recorded a revenue of $23.3 billion GAAP and $24.7 billion non-GAAP. This was higher than the Wall Street’s anticipation of $24.3 billion. It further reported an operating income of $7.0 billion non-GAAP. Its intelligent cloud revenue grew 11 % year-over-year to $7.4 billion. Microsoft CEO – Satya Nadella, said that innovation across company’s cloud platforms is a major reason behind the revenue hike. He said, “Customers are looking to Microsoft and our thriving partner ecosystem to accelerate their own digital transformations and to unlock new opportunity in this era of intelligent cloud and intelligent edge.” Apart from Azure, Office 365 also recorded a goo...

DHN team at Microsoft Inspire – here’s what partners can expect this year

Microsoft’s biggest partner event – Microsoft Inspire, began yesterday with a welcome reception. DHN team present at the event saw a huge gathering of people coming from globally spread regions. The event formerly known as Worldwide Partner Conference is being held at the Walter E. Washington Convention Center, Washington, D.C. from July 9-13, 2017. Since its inception, the event has been on the must-attend list of current and prospective Microsoft partners, employees and industry experts. Many elite partners are here to connect and collaborate with the global-scale Microsoft community and IT leaders like BitTitan, Dell EMC, Huawei, Ingram, Veeam, Samsung Intel etc. to name a few. After a welcome reception held yesterday between 5:00 PM to 7:00 PM ET, now the attendees are looking forward ...

Microsoft share prices to touch new highs with digital transformation wave, predicts Morgan Stanley

Morgan Stanley Analyst – Keith Weiss, in his recently published note, projected high price target for Microsoft Corp. stock which reportedly increased from $80 from $72. Microsoft stock price has been performing well right from the beginning of the year 2017, recording shares go up to 13.5 percent high so far this year. Also Read: Microsoft records High profits due to web-based business software “Microsoft is back to showing durable double-digit EPS growth — and investors should be willing to pay a higher multiple for that growth,” said Keith in a note. Microsoft’s business will rise due to the changing technology trends in computing, and AI (Artificial Intelligence). Due to the high demand of Microsoft’s Cloud computing platforms, analyst predicts that the company will perform ahead of th...

New Market Opportunities for Entry Level Cloud MSPs with Increased Cloud Migration

New market opportunities to emerge for entry-level cloud MSPs with increasing migration to the cloud, as per a 451 Microsoft commissioned research that was unveiled in Microsoft Hosting and Cloud Summit 2017 at Bellevue, last month. Public cloud spending is expected to reach $500B by 2020 as per the IDC CloudView 2016 Survey,  due to key change drivers like – CTO/IT, EOL technologies, Shadow IT and more. The role of the Private/Hybrid cloud is expected be the most relevant in the coming times. As per a Pulse Gatepoint Research, March 2016, 46% of customers prefer Azure over any other public cloud, with AWS standing at 42%. All this and more data were revealed through a study called Workload and Application migration to Azure – Your Path to Recurring Revenue at MHS 2017 which discussed abou...

Microsoft to Aid MSPs and Cloud Providers to Gain in New Era of Digital Transformation

The 2017 Microsoft Cloud and Hosting Summit that is being held in Bellevue, Washington, is attended by nearly 500 partners from different industry verticals, who are here to explore various opportunities in the digital transformation era. Aziz Benmalek, Microsoft VP – Worldwide hosting & Managed Service providers, who gave a presentation at the summit, shared findings from a Microsoft commissioned study conducted by 451 Research, in a blog. The study reveals that huge opportunities exist for Microsoft cloud partners to aid customers with managed services and implementations in the hybrid cloud in the era of digital transformation. More than ever before, customers are looking to a single trusted advisor to provide transformation-oriented managed services and hybrid implementation. Custo...

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