Estimated reading time: 0 minutes, 42 seconds

365 PUSHES DYNAMICS REVS Featured

Satya Nadella, MicrosoftDynamics 365 revenue rose by 61 percent for the fourth quarter ended June 30, 56 percent in constant currencies. That led to Microsoft to an 11-percent increase in revenue for Dynamics products and cloud services over last year’s corresponding period, an 8-percent rise in constant currencies.

The software vendor released the figures with the announcement of results for fiscal 2018. Microsoft does not provide actual revenue numbers for individual product lines. CEO Satya Nadella pointed to the increasing importance Microsoft assigns to 365. “It gained traction as our third commercial growth engine,” he said during this week’s earnings webcast. The behemoth software company grew at a rapid rate. Dynamics fits into the Productivity and Business Processes category which closed 2018 with $12.92 billion, a 13.7-percent increase from $11.39 billion the prior year. Revenue for the most recently ended year was $110.36 billion, an increase of 14.3 percent from $96.57 billion for fiscal 2017

Read 1363 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.