🏆 Azure Surpasses Most Optimistic Expectations
Azure's growth accelerated impressively to 31%, surpassing even the most optimistic buy-side expectations of 29-30%. Analysts had anticipated a growth rate of around 28.5%. (MarketWatch)
💎 The Microsoft earnings call (currently ongoing) provided further insights into Azure’s growth.
CEO Satya Nadella revealed that the number of $100 million-plus Azure deals had increased by over 80% year-over-year, and the number of $10 million-plus deals had more than doubled.
📈 Alphabet Inc.'s Market Valuation Surpasses $2 Trillion
Alphabet shares also climbed 14% after hours (CNBC). Google’s Cloud revenue increased to $9.6 billion this quarter, up 28.4%, marking it as a major contributor to this growth.
CEO Sundar Pichai highlighted a "strong performance from Search, YouTube, and Cloud," underscoring the pivotal role of Cloud and AI in propelling the tech industry forward.
__________
📈 Accelerate your Growth in Cloud Marketplaces
Transform your marketplace strategy with first-hand insights from Cloud GTM leaders in our 5-week cohort course. Learn in a community of great alliance leaders. Join 100+ alums from companies like GitLab, Darktrace, IDC and others.
Latest Insights & Analysis
We help our clients to define customer-centric strategies that stimulate innovation and create value
