Cloud-related services are now by far Microsoft’s biggest source of revenue
. In its quarterly results last week, cloud revenue jumped 22% to reach $28.5bn — an annualised run rate of more than $100bn! Soon, almost all Microsoft’s revenues will be cloud-related in some way. Even Windows is now available on demand as a service to be “streamed”. It’s the “everything as a service” model, and it’s changing the way the world consumes IT.
What’s next? It’s early days, but Microsoft has identified artificial intelligence as potentially the next big pivot it’s going to have to make — and it’s wasting no time integrating AI into everything from Office to its Bing search engine. A perennially distant second player in web search behind Google, Microsoft sees AI chat tools as a way of enticing people to switch to Bing. Defeating Google in search remains unlikely, but generative AI tools integrated into Teams, Outlook, Word and Visual Studio could help spur productivity gains worldwide ... and ensure Microsoft sells even more software subscriptions.
Microsoft won’t be caught flat-footed under Nadella as it was under Gates when the web took off in the 1990s. Nadella was pouring money into OpenAI, the developer of ChatGPT, before the AI hype even began. That augurs well for a company that is clearly more determined than ever to avoid the “Kodak moment” that has befallen so many of its peers over the years.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
King Charles' brother Prince Andrew still casts cloud over monarchy - SABC NewsAs the British monarchy celebrates King Charles’ coronation this Saturday with pomp and pageantry, a cloud still hangs over his younger brother Prince Andrew.
Read more »
PICS: King Charles III crowned in UK's first coronation in 7 decades | The Citizen👑 A royal milestone: CharlesIII is crowned king in the first UK Coronation in 70 years. KingCharles RoyalFamily See the photos here ⬇️
Read more »
WATCH | SA's Pretty Yende becomes first black woman to perform at a coronation of a British monarch | LifeMoments before King Charles III's coronation service began at London's Westminster Abbey on Saturday, 6 May, South Africa's Pretty Yende performed before guests in a history-making moment. | News24Arts
Read more »
DUNCAN MCLEOD: How Microsoft dodged its ‘Kodak moment’Cloud-related services are now by far Microsoft’s biggest source of revenue
Read more »