Our Story

Be Smart. Be Confident. Be in Cloud
We know that every business is unique. This is why our team of experts in Romania will provide, on demand, clever solutions to answer all your problems regarding employee management, document setup and profit maximization. Integrating new technologies into your business is one of the most important and adequate steps to push your business to the top of the industry market. The team of Romanian IT experts can create, on demand, individually developed apps for certain clients, unique interfaces and integrated systems. This way, the final product is better and more effective than any other standard software solution.

Working Hours

Monday - Friday 09:00AM-17:00PM
Saturday - Sunday CLOSED

Latest News

office@cbiz.ro

(+)40 316 203 981

Top

Microsoft’s transition from software to cloud services pays off in a big way

Cloud Business SolutionsBusiness Microsoft’s transition from software to cloud services pays off in a big way
microsoftcampus

Microsoft’s transition from software to cloud services pays off in a big way

Microsoft has shifted focus to the cloud and it seems that it is taking the lead. According to the company, sales doubled in the first quarter, due to the cloud, propelling earnings above analysts’ estimates. This sent Microsoft shares to an all-time high, breaking past a level hit in 1999 at the peak of the tech stock bubble.

The company’s shares have doubled since August 2013 with Chief Executive Satya Nadella.  Microsoft chose to focus on mobile and cloud computing rather than PCs. And the strategy paid off.  even though Microsoft has a fierce competitor in the cloud area. Even though Microsoft reached a new business peak, Amazon.com Inc is still in control of the fledgling market. This spectacular jump shows how much a change in strategy can bring outstanding results, even though this means leaving once critical software programs and other hardware in the dust.

According to the scores, Microsoft shares reached a peak rising with 6.2 percent, therefore reaching $60.79. They later pared gains to $60.43, still adding nearly $25 billion to its market value. The company said that  the sales of their cloud product, Azure, rose with 116 percent. Revenue for its broader “Intelligent Cloud” business rose 8.3 percent to $6.38 billion, beating analysts’ average estimate of $6.27 billion, according to research firm FactSet StreetAccount. “We are not just building or moving (clients’) IT,” Nadella said on an analyst call. Customers “are building new digital services for hyper scale. And that’s what is probably unique in terms of what has changed year over year for us.

“It’s not just the Silicon Valley startups anymore; it is the core enterprise that is also becoming a digital company. And we are well-positioned to serve them,” he said. The company forecast that sales for its Intelligent Cloud business will be between $6.55 billion and $6.75 billion in the current quarter, compared with $6.34 billion in the same period a year earlier.

“There’s a huge runway for them to show growth,” said Trip Chowdhry, managing director of Global Equities Research.

Early investment in the cloud, coupled with machine learning and applications that can scale at different levels, have set Microsoft and Amazon Web Services apart from smaller rivals – and precipitated the decline of older software companies, Chowdhry said. Microsoft had an effective monopoly on computing software in the 1990s and was for some time the world’s most valuable publicly traded company.

 

admin
No Comments

Leave a Comment

Business Listing Directory Free Business Listing Directory List your business here and get customers online. | KITS online Training provides latest it technologies like sap ,python,datascience,tableau and many more online trainings, kits Online Training offers with best price and more qality training