Every week I’ll provide updates on the latest trends in SaaS valuations, earnings announcements, and highlight any significant news. Follow along to stay up to date! Highlight of the Week - Azure Growth Accelerating This week Microsoft reported earnings, and their Azure line of business preformed quite well. They don’t disclose revenue figures for Azure alone (it’s instead lumped into its Intelligent Cloud business segment), but they’re estimated to be ~$7B for the quarter (of the $14.6B Intelligent Cloud total rev). This puts Azure at roughly a $28B-$30B run rate. Year-over-year growth for Azure this quarter was 48%, which is up from 47% YoY growth last quarter. Growing this quickly at such a massive scale is amazing. And accelerating growth at that scale is even more impressive. Just another data point / reminder of how big these cloud markets are.
Clouded Judgement 1.29.21
Clouded Judgement 1.29.21
Clouded Judgement 1.29.21
Every week I’ll provide updates on the latest trends in SaaS valuations, earnings announcements, and highlight any significant news. Follow along to stay up to date! Highlight of the Week - Azure Growth Accelerating This week Microsoft reported earnings, and their Azure line of business preformed quite well. They don’t disclose revenue figures for Azure alone (it’s instead lumped into its Intelligent Cloud business segment), but they’re estimated to be ~$7B for the quarter (of the $14.6B Intelligent Cloud total rev). This puts Azure at roughly a $28B-$30B run rate. Year-over-year growth for Azure this quarter was 48%, which is up from 47% YoY growth last quarter. Growing this quickly at such a massive scale is amazing. And accelerating growth at that scale is even more impressive. Just another data point / reminder of how big these cloud markets are.