The path to the leader of new technologies and digitization. Learn Microsoft’s history
The latest crisis has shown the importance of the level and quality of IT solutions in companies. It affects the resilience of the company, the reliability of processes and the introduction of necessary changes and the chances of survival on the market. The quality of these solutions is often associated with cooperation with strategic solution vendors. Is the vendor you work with able to survive the crisis on its own? And is their financial situation stable enough that they can continue to invest heavily in continual innovation of their products and services? These are actually worth asking when choosing an IT solution vendor. So let’s see how Microsoft questions is doing.
Rome was not built in a day. The history of Microsoft’s troubles.
In 2013, Microsoft was perceived as an outdated and old-fashioned IT solutions vendor. It still had a strong presence and a large customer base. But it was fairly slow in responding to market needs. Moreover, at that time, despite large investments in research and development, Microsoft had problems with creating innovative products and services.
Microsoft is in full swing
In 2014, however, everything changed. And it was radically. Satyia Nadella was nominated as CEO of Microsoft companies. First of all, he introduced a new strategy “Cloud First, Mobility First”, which was quite progressive and innovative at the time. However, Nadella also changed Microsoft’s organizational culture. From a “know-it-all” approach at Microsoft, he moved to a “learning-everything” culture. Nadella’s management made the bottlenecks in the company disappear and cooperation between departments improved significantly. Thanks to Nadella, a large-scale growth focus was established at Microsoft.
It didn’t take long for the results of the changes and new strategies to appear. Thanks to focusing on cloud solutions, Microsoft has recorded a huge increase in cloud solutions. Additionally, it has signed contracts with its competitors such as SAP, Salesforce and Apple. Many powerful “single category products” have gradually become part of an attractive, intelligent cloud platform.
From zero to hero
Revenues and profits grew spectacularly, turning shareholders into happy investors. In the 7 years since Nadella took over as CEO, Microsoft’s market capitalization has grown from $ 300 billion to $ 1.9 trillion. That’s 6 times more in just 7 years. This is undoubtedly an unprecedented achievement!
Today, Microsoft is a true leader in digital transformation. Microsoft aims to empower every person and business on earth to achieve more. And that’s exactly what Microsoft does. The company is still the undisputed industry leader when it comes to investing in research and development. But Microsoft also has the courage to act fast when it comes to acquiring valuable pieces of technology. Strong innovations are being brought to market at a rapid pace, strengthening Microsoft’s powerful intelligent cloud platform.
Microsoft is not slowing down
One of the latest example of product development is the launch of Microsoft Viva, an integrated employee solution. Another example is the nearly $ 20 billion acquisition of Nuance Healthcare, the artificial speech technology company, the second largest acquisition in the company’s history.
Microsoft is ready to help your business make the most of its digital transformation and grow in the years to come. If you want to take advantage of Microsoft’s experience and products, get to know them better or arrange a consultation with an IT Vision specialist.
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