Payments Awards

Azure soars

Written by Mark Evans
01/02/2018

Microsoft has posted its second quarter results, pointing to the growth in its Azure revenue as a marker to is transformation into a cloud services company.

Azure grew 98 per cent year-over-year as Microsoft attempts to catch Amazon Web Services and Google starts to make inroads into the ‘offshoring’ of IT to the cloud.

Microsoft also saw some growth from other services, including its purchase of LinkedIn, adding $1.3 billion in revenue and its Productivity and Business Processes division, that is an umbrella for LinkedIn and Office, grew 25 per cent year-over-year on the quarter, to $9 billion in revenue.