We see considerable runway in our Salesforce.com aligned brand, with the product on track to grow at a rate of around 19% and set to reach a revenue of $22.4 billion by FY22.
Cloud market leaders AWS reported a revenue increase of 35% in Q3 FY19, ending the quarter with $9 billion in revenue, and continuing to grow faster than its parent company.
Microsoft’s ascent to trillion-dollar company status was primarily driven by its cloud computing business, with Azure revenue growth surging by 59% in Q1 FY20. By 2023, Microsoft predicts that its Azure business will be larger than its Microsoft Office, Windows, and Server and Tools businesses combined.