Leading enterprises contribute to Microsoft’s $20B cloud revenue

Leading enterprises contribute to Microsoft’s $20B cloud revenue

Published March 20, 2018

Microsoft has reached CEO Satya Nadella’s goal of $20 billion in cloud revenue ahead of schedule and positioned themselves ahead of Amazon for the number 1 spot in the “cloud war”, propelled by growing belief in the Microsoft ecosystem by enterprises across the globe. Companies like Geico, Bank of America, TSB, and Chevron are among the latest.

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Geico: we plan on “getting out of the data center business as quick as possible”


“The customer appetite for digital engagement has grown enormously”, said Director of Cloud Services at Geico, Fikri Largeuet, “we see how aggressively Microsoft is moving into the cloud space and we’re impressed with how quickly the Microsoft Azure offering is maturing”. Geico knows they can trust Microsoft and Azure to provide a cloud infrastructure with powerful built-in business applications, unmatched security, and scalability to fit their growing needs. This rids employees of having to spend time managing servers and database infrastructures and empowers them to focus on building a better service for customers based around digital transformation. “We’re excited to be a part of this cloud revolution”, Largeut said.


“Whenever a customer enters the branch, the employee will be able to get a complete view of them. We’re looking forward to rolling out Microsoft 365 to our employees”


For Bank of America, leveraging the capabilities of the Microsoft cloud is a critical source of competitive advantage in the financial services industry, where more and more firms are going digital to drive greater customer engagement and provide a better, more holistic service. “We are aggressively modernizing our technology infrastructure to enable current and future growth across all our lines of business”, said Chief Technology Officer, Howard Boville. The firm states that they will equip all of their 200,000+ employees with the powerful productivity and collaboration solutions of Office 365, and will use Azure for their cloud-hosting environment. And they’re certainly not alone in the finance industry leveraging the Microsoft cloud. With over 5 million customers and over 500 branches, UK based retail-banking firm, TSB, has also implemented Office 365 to empower their employees with any time, any place access to critical business insights and applications. “Whenever a customer enters the branch, the employee will be able to get a complete view of them. We are looking forward to rolling out Microsoft 365 to our employees, giving them the tools they need and want for today’s agile world”, said TSB’s Chief Information Officer, Carlos Abarca.


“We didn’t think the cloud was ready for business at Chevron’s scale”


Oil and energy behemoth, Chevron, made headlines by announcing a seven-year partnership with Microsoft to take their IT environment to the Azure cloud – in what Forbes called “one of the biggest head-to-head wins in a developing race between tech leaders for cloud computing customers”. Like Geico, Chevron will take to Azure to build and develop their new applications while gradually migrating legacy systems and existing data to Microsoft’s powerful cloud platform. Chief Information Officer at Chevron, Bill Braun, is excited in the potential. “Until the last couple years, we didn’t think the cloud was ready for business at Chevron’s scale. (It is) a significant move”. Citing their global datacenter presence, the sheer power of their infrastructure, and most importantly, Azure’s Internet of Things and intelligence capabilities, Microsoft clearly had the edge over competitors such as Amazon and Google, according to Braun, in providing Chevron with the cloud solutions they need.

While the top tech firms continue the battle for cloud supremacy, it is clear that Microsoft’s core mission of empowering productivity, their long-standing game in the business software industry, and their continuous focus on improving security positions them uniquely and strongly in the cloud services market. With $20 billion in cloud revenue (nearly $2 billion in September of 2017 alone) and adoption from leading global enterprises, Microsoft’s position as a powerhouse in the cloud market, specifically for business, is clear.