{"id":20424,"date":"2019-07-19T12:02:10","date_gmt":"2019-07-19T11:02:10","guid":{"rendered":"https:\/\/www.devopsonline.co.uk\/?p=20424"},"modified":"2019-07-19T12:02:10","modified_gmt":"2019-07-19T11:02:10","slug":"microsoft-credit-cloud-computing-for-record-revenue","status":"publish","type":"post","link":"https:\/\/devopsnews.online\/microsoft-credit-cloud-computing-for-record-revenue\/","title":{"rendered":"Microsoft credit cloud computing for record revenue"},"content":{"rendered":"

Cloud computing has given Microsoft a record income in the last quarter, say the company.<\/p>\n

The tech giant<\/a> also said that thanks to a strong performance under the chief executive, Satya Nadella, they now claim to be one of the world\u2019s most valuable public companies.<\/p>\n

Rising above the predictions from Wall Street, the company turned a profit of $33.72 billion this period. This was an increase of 12% from the previous quarter.<\/p>\n

Thanks to cloud<\/h4>\n

It\u2019s thought that one reason for the increase was due to the company\u2019s continuous investment in cloud. Over the past 10 years, these ventures have revolutionised the working progress behind the organisation as, rather than buying applications that run on their own servers, customers are renting computer power and paying for subscriptions from Microsoft.<\/a><\/p>\n

The organisation also feels that offering customers cloud-based versions of its Office productivity suite contributed to the growth in profit. They also mention the reputation of Azure, the world\u2019s alleged 2nd<\/sup> largest cloud service that the tech company provide, for the upsurge.<\/p>\n

Brad Reback, an analyst at Stifel, Nicolaus & Co. suggested that the organisation is \u201ca clear winner in the digital transformation trend that corporations of all sizes are now undertaking.\u201d Continuing, \u201cThey are a vendor of choice.\u201d<\/p>\n

Competition for Microsoft<\/h4>\n

Accounting for around a third of sales for this period, Microsoft\u2019s cloud computing business increased by 39%.<\/p>\n

However, the rise of cloud computing services<\/a> in other companies may provide a challenge to Microsoft. Google\u2019s sister company, Alphabet Inc. and Amazon\u2019s AWS are also in the running for delivering cloud services to customers.<\/p>\n

Research company, Gartner Inc.<\/a>, has predicted that spending on cloud will continue to rise and this year alone will grow 18%.<\/p>\n

As for Microsoft, Chief Financial Officer Amy Hood believes there is nothing for them to worry about as she told analysts that they will continue to rise in profit.<\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Cloud computing has given Microsoft a record income in the last quarter, say the company. The tech giant also said that thanks to a strong performance under the chief executive, Satya Nadella, they now claim to be one of the world\u2019s most valuable public companies. Rising above the predictions from Wall Street, the company turned…<\/p>\n","protected":false},"author":45,"featured_media":20425,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","pmpro_default_level":"","footnotes":""},"categories":[3352,1351],"tags":[70,26,2110],"yoast_head":"\nMicrosoft credit cloud computing for record revenue - DevOps Online North America<\/title>\n<meta name=\"description\" content=\"Tech giant, Microsoft, say that an increase in their sales for last quarter was thanks to thier investment in cloud computing.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/devopsnews.online\/microsoft-credit-cloud-computing-for-record-revenue\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Microsoft credit cloud computing for record revenue - DevOps Online North America\" \/>\n<meta property=\"og:description\" content=\"Tech giant, Microsoft, say that an increase in their sales for last quarter was thanks to thier investment in cloud computing.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/devopsnews.online\/microsoft-credit-cloud-computing-for-record-revenue\/\" \/>\n<meta property=\"og:site_name\" content=\"DevOps Online North America\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-19T11:02:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/devopsnews.online\/wp-content\/uploads\/2019\/07\/micro.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2048\" \/>\n\t<meta property=\"og:image:height\" content=\"1365\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"grace barnott\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DevOpsAmerica\" \/>\n<meta name=\"twitter:site\" content=\"@DevOpsAmerica\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"grace barnott\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/devopsnews.online\/microsoft-credit-cloud-computing-for-record-revenue\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/devopsnews.online\/microsoft-credit-cloud-computing-for-record-revenue\/\"},\"author\":{\"name\":\"grace barnott\",\"@id\":\"https:\/\/devopsnews.online\/#\/schema\/person\/13f07bc13309191f2e656ba88b8aab63\"},\"headline\":\"Microsoft credit cloud computing for record revenue\",\"datePublished\":\"2019-07-19T11:02:10+00:00\",\"dateModified\":\"2019-07-19T11:02:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/devopsnews.online\/microsoft-credit-cloud-computing-for-record-revenue\/\"},\"wordCount\":324,\"publisher\":{\"@id\":\"https:\/\/devopsnews.online\/#organization\"},\"image\":{\"@id\":\"https:\/\/devopsnews.online\/microsoft-credit-cloud-computing-for-record-revenue\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/devopsnews.online\/wp-content\/uploads\/2019\/07\/micro.jpg\",\"keywords\":[\"Cloud\",\"microsoft\",\"profit\"],\"articleSection\":[\"Cloud\",\"Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/devopsnews.online\/microsoft-credit-cloud-computing-for-record-revenue\/\",\"url\":\"https:\/\/devopsnews.online\/microsoft-credit-cloud-computing-for-record-revenue\/\",\"name\":\"Microsoft credit cloud computing for record revenue - DevOps Online North America\",\"isPartOf\":{\"@id\":\"https:\/\/devopsnews.online\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/devopsnews.online\/microsoft-credit-cloud-computing-for-record-revenue\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/devopsnews.online\/microsoft-credit-cloud-computing-for-record-revenue\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/devopsnews.online\/wp-content\/uploads\/2019\/07\/micro.jpg\",\"datePublished\":\"2019-07-19T11:02:10+00:00\",\"dateModified\":\"2019-07-19T11:02:10+00:00\",\"description\":\"Tech giant, Microsoft, say that an increase in their sales for last quarter was thanks to thier investment in cloud computing.\",\"breadcrumb\":{\"@id\":\"https:\/\/devopsnews.online\/microsoft-credit-cloud-computing-for-record-revenue\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/devopsnews.online\/microsoft-credit-cloud-computing-for-record-revenue\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/devopsnews.online\/microsoft-credit-cloud-computing-for-record-revenue\/#primaryimage\",\"url\":\"https:\/\/devopsnews.online\/wp-content\/uploads\/2019\/07\/micro.jpg\",\"contentUrl\":\"https:\/\/devopsnews.online\/wp-content\/uploads\/2019\/07\/micro.jpg\",\"width\":2048,\"height\":1365,\"caption\":\"Microsoft say its profit is thanks to cloud services\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/devopsnews.online\/microsoft-credit-cloud-computing-for-record-revenue\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/devopsnews.online\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Microsoft credit cloud computing for record revenue\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/devopsnews.online\/#website\",\"url\":\"https:\/\/devopsnews.online\/\",\"name\":\"DevOps Online North America\",\"description\":\"by 31 Media Ltd.\",\"publisher\":{\"@id\":\"https:\/\/devopsnews.online\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/devopsnews.online\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/devopsnews.online\/#organization\",\"name\":\"DevOps Online North America\",\"url\":\"https:\/\/devopsnews.online\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/devopsnews.online\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/devopsnews.online\/wp-content\/uploads\/2020\/03\/DevOpsOnline_email.png\",\"contentUrl\":\"https:\/\/devopsnews.online\/wp-content\/uploads\/2020\/03\/DevOpsOnline_email.png\",\"width\":198,\"height\":64,\"caption\":\"DevOps Online North America\"},\"image\":{\"@id\":\"https:\/\/devopsnews.online\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/x.com\/DevOpsAmerica\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/devopsnews.online\/#\/schema\/person\/13f07bc13309191f2e656ba88b8aab63\",\"name\":\"grace barnott\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/devopsnews.online\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/45f56545d23ef0b82f250c1ba53817b2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/45f56545d23ef0b82f250c1ba53817b2?s=96&d=mm&r=g\",\"caption\":\"grace barnott\"},\"sameAs\":[\"http:\/\/31media.co.uk\"],\"url\":\"https:\/\/devopsnews.online\/author\/grace-barnott31media-co-uk\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Microsoft credit cloud computing for record revenue - DevOps Online North America","description":"Tech giant, Microsoft, say that an increase in their sales for last quarter was thanks to thier investment in cloud computing.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/devopsnews.online\/microsoft-credit-cloud-computing-for-record-revenue\/","og_locale":"en_US","og_type":"article","og_title":"Microsoft credit cloud computing for record revenue - DevOps Online North America","og_description":"Tech giant, Microsoft, say that an increase in their sales for last quarter was thanks to thier investment in cloud computing.","og_url":"https:\/\/devopsnews.online\/microsoft-credit-cloud-computing-for-record-revenue\/","og_site_name":"DevOps Online North America","article_published_time":"2019-07-19T11:02:10+00:00","og_image":[{"width":2048,"height":1365,"url":"https:\/\/devopsnews.online\/wp-content\/uploads\/2019\/07\/micro.jpg","type":"image\/jpeg"}],"author":"grace barnott","twitter_card":"summary_large_image","twitter_creator":"@DevOpsAmerica","twitter_site":"@DevOpsAmerica","twitter_misc":{"Written by":"grace barnott","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/devopsnews.online\/microsoft-credit-cloud-computing-for-record-revenue\/#article","isPartOf":{"@id":"https:\/\/devopsnews.online\/microsoft-credit-cloud-computing-for-record-revenue\/"},"author":{"name":"grace barnott","@id":"https:\/\/devopsnews.online\/#\/schema\/person\/13f07bc13309191f2e656ba88b8aab63"},"headline":"Microsoft credit cloud computing for record revenue","datePublished":"2019-07-19T11:02:10+00:00","dateModified":"2019-07-19T11:02:10+00:00","mainEntityOfPage":{"@id":"https:\/\/devopsnews.online\/microsoft-credit-cloud-computing-for-record-revenue\/"},"wordCount":324,"publisher":{"@id":"https:\/\/devopsnews.online\/#organization"},"image":{"@id":"https:\/\/devopsnews.online\/microsoft-credit-cloud-computing-for-record-revenue\/#primaryimage"},"thumbnailUrl":"https:\/\/devopsnews.online\/wp-content\/uploads\/2019\/07\/micro.jpg","keywords":["Cloud","microsoft","profit"],"articleSection":["Cloud","Finance"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/devopsnews.online\/microsoft-credit-cloud-computing-for-record-revenue\/","url":"https:\/\/devopsnews.online\/microsoft-credit-cloud-computing-for-record-revenue\/","name":"Microsoft credit cloud computing for record revenue - DevOps Online North America","isPartOf":{"@id":"https:\/\/devopsnews.online\/#website"},"primaryImageOfPage":{"@id":"https:\/\/devopsnews.online\/microsoft-credit-cloud-computing-for-record-revenue\/#primaryimage"},"image":{"@id":"https:\/\/devopsnews.online\/microsoft-credit-cloud-computing-for-record-revenue\/#primaryimage"},"thumbnailUrl":"https:\/\/devopsnews.online\/wp-content\/uploads\/2019\/07\/micro.jpg","datePublished":"2019-07-19T11:02:10+00:00","dateModified":"2019-07-19T11:02:10+00:00","description":"Tech giant, Microsoft, say that an increase in their sales for last quarter was thanks to thier investment in cloud computing.","breadcrumb":{"@id":"https:\/\/devopsnews.online\/microsoft-credit-cloud-computing-for-record-revenue\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/devopsnews.online\/microsoft-credit-cloud-computing-for-record-revenue\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/devopsnews.online\/microsoft-credit-cloud-computing-for-record-revenue\/#primaryimage","url":"https:\/\/devopsnews.online\/wp-content\/uploads\/2019\/07\/micro.jpg","contentUrl":"https:\/\/devopsnews.online\/wp-content\/uploads\/2019\/07\/micro.jpg","width":2048,"height":1365,"caption":"Microsoft say its profit is thanks to cloud services"},{"@type":"BreadcrumbList","@id":"https:\/\/devopsnews.online\/microsoft-credit-cloud-computing-for-record-revenue\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/devopsnews.online\/"},{"@type":"ListItem","position":2,"name":"Microsoft credit cloud computing for record revenue"}]},{"@type":"WebSite","@id":"https:\/\/devopsnews.online\/#website","url":"https:\/\/devopsnews.online\/","name":"DevOps Online North America","description":"by 31 Media Ltd.","publisher":{"@id":"https:\/\/devopsnews.online\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/devopsnews.online\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/devopsnews.online\/#organization","name":"DevOps Online North America","url":"https:\/\/devopsnews.online\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/devopsnews.online\/#\/schema\/logo\/image\/","url":"https:\/\/devopsnews.online\/wp-content\/uploads\/2020\/03\/DevOpsOnline_email.png","contentUrl":"https:\/\/devopsnews.online\/wp-content\/uploads\/2020\/03\/DevOpsOnline_email.png","width":198,"height":64,"caption":"DevOps Online North America"},"image":{"@id":"https:\/\/devopsnews.online\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/DevOpsAmerica"]},{"@type":"Person","@id":"https:\/\/devopsnews.online\/#\/schema\/person\/13f07bc13309191f2e656ba88b8aab63","name":"grace barnott","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/devopsnews.online\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/45f56545d23ef0b82f250c1ba53817b2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/45f56545d23ef0b82f250c1ba53817b2?s=96&d=mm&r=g","caption":"grace barnott"},"sameAs":["http:\/\/31media.co.uk"],"url":"https:\/\/devopsnews.online\/author\/grace-barnott31media-co-uk\/"}]}},"_links":{"self":[{"href":"https:\/\/devopsnews.online\/wp-json\/wp\/v2\/posts\/20424"}],"collection":[{"href":"https:\/\/devopsnews.online\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/devopsnews.online\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/devopsnews.online\/wp-json\/wp\/v2\/users\/45"}],"replies":[{"embeddable":true,"href":"https:\/\/devopsnews.online\/wp-json\/wp\/v2\/comments?post=20424"}],"version-history":[{"count":0,"href":"https:\/\/devopsnews.online\/wp-json\/wp\/v2\/posts\/20424\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/devopsnews.online\/wp-json\/wp\/v2\/media\/20425"}],"wp:attachment":[{"href":"https:\/\/devopsnews.online\/wp-json\/wp\/v2\/media?parent=20424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/devopsnews.online\/wp-json\/wp\/v2\/categories?post=20424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/devopsnews.online\/wp-json\/wp\/v2\/tags?post=20424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}