Google and Microsoft are both benefiting from solid growth in enterprise cloud services. Both companies released earnings reports this week that highlighted significant momentum in G Suite, Office Suite, respectively, and more sophisticated cloud platforms for business.
“We crossed a major milestone with more than 100 million monthly active users of Office 365 commercial,” Microsoft CEO Satya Nadella said during a conference call. “Office 365 commercial seats grew 35 percent year-over-year and revenue is up 45 percent.” Microsoft also reported a 15 percent year-over-year gain in revenue from Office 365 and other consumer products. The company ended the quarter with 26.2 million Office 365 consumer subscribers.
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April 29, 2017 at 12:57AM
from Matt Kapko
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