Microsoft Corp. wants to reach annualized revenue of $20 billion in its corporate cloud business in the fiscal year that ends in June 2018.
At the moment, it’s:
The company last week said it has a current run rate of $6.3 billion for the cloud business, which includes its Azure data-center services and cloud versions of Office software and customer management programs.
Microsoft targeting $20bn cloud business by 2018, currently at $6.3bn run rate