news & Things

Microsoft’s Cloud Offering Continues To Grow YoY

31st Jan 2022

Organisations may be returning to the office, but cloud computing remains a HUGE area of growth.

Microsoft saw a big increase in revenue last quarter, thanks to their cloud services, Windows and Office, however, gaming hardware growth was lower.

Microsoft was up 21% year-on-year (YoY) and had a profit of $18.8 billion in the quarter ended 31st December (Q4 ’22), which completely exceeded expectations due to significant growth in cloud

Revenue for the quarter also exceeded analysts’ expectations, at $51.7 billion, up 20 per cent YoY.

Its Azure cloud infrastructure service had a slight stall with a 46 per cent growth, but the previous quarter saw a 48% growth – but over cloud revenue 32 per cent YoY to $22.1 billion.

Like many organisations, Microsoft has benefitted from the pandemic as governments, organisations and other institutions across the globe have increased their use of cloud computing and technologies in order to continue on with their work.

Numerous organisations are now encouraging a return to the office and resumption of normalcy; however, this has been delayed by the Omicron variant.

 

“Digital technology is the most malleable resource at the world’s disposal to overcome constraints and reimagine everyday work and life,”

“As tech as a percentage of global GDP continues to increase, we are innovating and investing across diverse and growing markets, with a common underlying technology stack and an operating model that reinforces a common strategy, culture and sense of purpose.”

Satya Nadella, Microsoft CEO

 

Their More Personal Computing segment, comprised of Windows, devices, gaming and advertising, garnered $17.5 billion in revenue.

The Surface laptop drove an 8% increase in in Surface computer sales, and there was a 25% increase in Windows licensing revenue from PC makers.

The likes of Office, Dynamics and LinkedIn, which help make up the Productivity and Business Processes segment, generated $15.9 billion in revenue, up 19% from the same time the previous year.

Overall gaming revenue saw an 8% increase, including a 4% rise in revenue for gaming hardware as a result of continued demand for latest Xbox Series X and Series S consoles.

Speaking of gaming, it’s been revealed that the tech-giant will be acquiring games publisher Activision Blizzard for $68.7 billion.

The acquisition will close in fiscal year 2023, and will mean Microsoft publish titles like Candy Crush, Warcraft, Call of Duty, Diablo and Overwatch.

The firm expects sales of $48.5 billion to $49.3 billion in the fiscal third quarter (ending March), compared to analyst expectations of $48.1 billion, according to Amy Hood, Microsoft’s finance chief.

More news & Things

More news & Things


Chloe Smith in NonProfit

Initiatives Underway to Improve Diversity In Environmental Workforce In The UK

Steps are being taken in the UK’s sustainability and environment professions to address the lack of diversity, as it stands less than 5% of professionals in organisations within the sector identify as being from minority ethnic backgrounds. The steps involve a data drive, asking the UK’s environmental NGOs and charities to annually report on the […]


Chloe Smith in Health Sector

Billions To Be Raised By Health And Social Care Levy, Massive Reforms To Adult Social Care Underway

COVID backlogs and reforms to adult social care underway with the Health and Social Levy implemented to raise billions. The Health and Social Care Levy has commenced from Wednesday 6th April in order to raise the billions needed for the COVID backlog, as well fund reforms to routine services. In total, £39billion will be implemented […]


Chloe Smith in CENTRAL GOVERNMENT

NATO Identifies Emerging And Disruptive Technologies – UK To Headquarter The Defence Innovation Hub

NATO to implement the DIANA programme to maintain technological advantage: UK and Estonia to partner on the programme. Critical technologies will be seeing transatlantic cooperation, as the UK is set to be the host of the European HQ of the Defence Innovation Accelerator (DIANA), a programme set for NATO allies to accelerate, test, evaluate and […]


Chloe Smith in Transport

New Bus Scheme Set To Increase Public Transport Use by 10%

20% to 40% ticket price reduction on Cornish buses backed by £23.5m government grant A pilot of cut-fare prices has begun in Cornwall, allowing residents and visitors to enjoy cheaper prices around the far south-west of England. The county has benefitted from a ticket price reduction of between 20% and 40% to incentivise more people […]


Chloe Smith in NonProfit

Legal Proceedings Issued After National Lottery Licence Announcement

For the first time since The National Lottery started, Camelot will not be Preferred Applicant for the National Lottery licence.   A legal battle has been issued by National Lottery operator, Camelot, against the Gambling Commission after it was revealed that Allwyn Entertainment UK was its Preferred Applicant for the fourth National Lottery licence – […]


Chloe Smith in Tech

What Is Colocation And Why Are Datacentres Being Built On Sewage Plants?

Datacentres could be made more environmentally friendly if collocated with sewage treatment plants, suggests Tomorrow Water.   The idea is that heated water from a datacentre can be used to boost wastewater processing, and some of the treated water can then become the cooling water for the datacentre. The arrangement cuts the energy process required […]