Microsoft Continues to Expand Its Industry Cloud

Author(s): Ted Walker

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In the spring of 2021 Microsoft announced the expansion and public preview of industry-specific cloud-based solutions. These industry clouds are designed to provide an easy transition for various industry verticals to move quickly to the cloud and attain faster ROI with templated workflows, APIs, and analytics through artificial intelligence and machine learning.

The industry cloud market represents one of the largest vertical growth opportunities for technology suppliers. More than 500 industry clouds have already been created globally, and revenue is this space is expected to exceed $20 billion by 2023.

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