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Microsoft Sales Climb 17 Percent, Lifted by Robust Cloud Demand - Vimarsana News

Microsoft Sales Climb 17 Percent, Lifted by Robust Cloud Demand

Microsoft Sales Climb 17 Percent, Lifted by Robust Cloud Demand Azure growth jumped 50 percent, fueled by the accelerated shift to the cloud. PC sales surged, boosting Windows, and gaming broke $5 billion for the first time. Bloomberg | Jan 27, 2021 Dina Bass (Bloomberg) -- Microsoft Corp. said fiscal second-quarter sales rose 17%, a faster clip than analysts projected, thanks to buoyant demand for corporate cloud-computing services and software tools that support at-home workers. Shares rose in late trading. Revenue in the period ended Dec. 31 rose to $43.1 billion, the Redmond, Wash...

Europe's biggest tech firm - Can SAP's new boss reset its business model? | Business - Vimarsana News

Europe's biggest tech firm - Can SAP's new boss reset its business model? | Business

Enjoy more audio and podcasts oniOSorAndroid. Mr Klein became CEO at the peak of covid-19’s first wave. It had hurt SAP more than other tech firms: many of its biggest clients, such as carmakers and energy companies, were temporarily hit by the pandemic. And it struck as more rivals were vying for swathes of the business-software market that the German giant used to rule. Then, in October, Mr Klein was humbled when he presented changes to SAP’s business model that would depress margins in the short run and delay earlier revenue and profit targets by two years. Combined with lacklustre ...