As he announced record earnings powered by his company’s cloud computing business, Microsoft CEO Satya Nadella captured the wave of change sweeping the global IT landscape. “What we are witnessing is the dawn of a second wave of digital transformation sweeping every company and every industry,” Nadella said. “We are building Azure as the world’s computer to support organizations growing cloud needs.” The extraordinary growth of Microsoft and rival cloud platforms from Amazon Web Services and Google has been accelerated by the COVID-19 pandemic. As infrastructure developers race to keep pace with cloud demand, business from these “hyperscale” customers is driving record growth for the data center industry.