Microsoft CEO Satya Nadella lays out the technologies he’s betting on to take it past its $1 trillion valuation
simply click here to claim your deal and get access to all exclusive Business Insider PRIME content.The company will continue to advance its apps and infrastructure business, prioritize growing in data and AI, as well as compete in new areas in which Nadella said he sees as long-term growth opportunities such as security and compliance, and workflow cloud.
Hood, Microsoft's CFO, said the company has set up a multiyear plan to invest in areas including security, compliance, communication, workflow and business process reinvention.Microsoft is one of the few companies in history to fetch a $1 trillion valuation. But Satya Nadella, the CEO who led Microsoft to this astronomical milestone, says he sees plenty of opportunities for new ways to grow the business.
Azure AI now has 20,000 customers and more than 85 percent of Fortune 100 companies have used Azure AI in the past 12 months, Nadella said. "The quintessential characteristic of every application going forward will be AI and we have the most comprehensive portfolio of AI tools, infrastructure and services," he said.
The workflow cloud is an apparent reference to Microsoft Flow, which helps customers automate tasks by combining applications.
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