Tuesday, April 30, 2013

MSFT,AMZN: Windows Azure has produced $1B+ in sales in...

11:52 AM Windows Azure has produced $1B+ in sales in the last 12 months and subscriptions are up 48% in the last 6 months, Microsoft (MSFT +0.8%) boasts. Though the sales figure is less than the $2B Amazon Web Services (AMZN) is believed to have pulled in last year (expected by Macquarie to hit $3.8B in 2013), it drives home the momentum behind Microsoft's cloud infrastructure/app development platform, popular with enterprises due to its hybrid cloud support and integration with Microsoft software. Forrester estimates 20% of firms relying on cloud services use Azure vs. 71% using AWS, but thinks Azure's share can hit 35% in a year. (ValueAct) (Office 365 sales) Read comments

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