Blue sky and white cloud with sun light and rainbow
Software king of the world Microsoft claims that it is beating everyone with its Cloud Security packages and Volish results on the Cloud are looking pretty good.
For the three months ending 31 March 2019, Microsoft saw revenue increase 14 percent year on year to $30.6 billion and growth in Productivity and Business Processes, Intelligent Cloud and More Personal Computing.
CEO Nadella did rather bang on about Microsoft’s cybersecurity capabilities during the earnings call, in which he claimed its protection had been a critical factor in winning large clients.
“Cybersecurity is a central challenge, and Microsoft is the clear leader in cloud security with our unparalleled operational security posture, and our growing portfolio of security and compliance solutions, spanning identity, device end-points, email, information, cloud applications as well as infrastructure”, he said.
“In financial services, National Bank of Canada, BNP Paribas, Refinitiv – a joint venture between Thomson Reuters and Blackrock – all chose Microsoft 365 for our advanced security and compliance.”
Nadella said that Microsoft is doing a better job of winning large customers in the infrastructure space than it has done in previous eras. When asked if the vendor has found the right formula to win enterprise clients, the CEO said that Microsoft opened up a more comprehensive set of customers than it has done before.
“Compared with even the previous eras where we did well in the client-server era in the face of tough competition, and this era again in the face of a different set of competitors, we are doing well, and we are doing well much better than we did in the previous era. We see these tier-one workloads which we never saw in the past. If you think about it, in the client-server era we never participated in the core of the digital infrastructure or financial services or healthcare or retail or manufacturing. It’s kind of like what we would have done with some ISVs of the past.”
The segment of Microsoft that encompasses Azure saw sales grow 22 percent to $9.6 billion. Azure revenue grew 73 percent, the lowest amount Microsoft has reported over the last 11 quarters. During the earnings call, Nadella called Azure “the only true hybrid hyperscale cloud that extends to the edge”.
