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
365 PUSHES DYNAMICS REVS Featured
Dynamics 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.
