Microsoft has quietly taken the lead in the race to $10 billion in cloud revenue. Most of Microsoft’s revenue came from its Office 365 commercial offerings (the versions of Office 365 sold to business) but it also includes revenue from its Amazon-competitor Azure, its Salesforce competitor Dynamics Online, and “other cloud properties.” Now, this cloud revenue isn’t all brand new revenue – a lot of it is replacement revenue. In particular, Office 365 is growing at the expense of the Microsoft Office software business, as businesses shift from buying the software to buying the cloud service. Full article HERE
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