Microsoft has hailed its cloud services as a key contributing factor to a seven per cent revenue increase recorded in its latest financials.

The computing giant recorded total revenue of $52.9 billion in the quarter ended 31 March, with operating income up 10 per cent from the previous quarter to $22.4 billion.

Revenue for Microsoft Cloud was recorded at $28.5 billion, denoting a 22 per cent year over year increase. Amy Hood, executive vice president and chief financial officer of Microsoft, attributed this to “focused execution” by its sales team and partners.

Commenting on the results, Satya Nadella, chairman and chief executive officer of Microsoft said: “Across the Microsoft Cloud, we are the platform of choice to help customers get the most value out of their digital spend and innovate for this next generation of AI.”

Amid the success of its cloud services, recent reports suggest Microsoft is looking to alter some of its cloud practices in a bid to repel an EU antitrust investigation, as first reported by Reuters.

The reports follow reported complaints by various European cloud operators including Italian firm Aruba and the Danish Cloud Community industry association relating to Microsoft’s cloud practices and its licensing deals.

Share Story: