Redmond just unleashed its financial figures for the third quarter of the year, and they are as impressive as they have been in the years past. And analysts have started weighing in on the numbers.
The company may be going through a major reorganization process currently, one that is on track to be complete in the next few months. But that has not stopped the technology titan from pulling in good financial numbers overall.
And this is possible, one analyst believes, because Microsoft is making the right decisions, the correct choices, for its companywide restructuring — cloud solutions, for example, are playing a key role.
Al Hilwa, an analyst with IDC talking to The Guardian said:
“This is by no means a company on the ropes like it has been portrayed recently. A transformation such as the one Microsoft is going through typically would require several years to execute fully, but Microsoft’s broad portfolio of products and its early move to the cloud are helping the company weather this much better than expected.”
The analyst also touched upon the enterprise side of things, and highlighted Microsoft’s database and cloud solutions as holding special significance in the near and long term:
“There really was stuff to cheer about in multiple areas, but the growth in the enterprise business especially the database product (SQL Server) and the cloud business are key.”
There are a few technology companies that are on the rope, but Microsoft is not on that list — and this is one guarantee you can take to the bank! Sure, a lot of work remains to be done, but that will hopefully be taken care of soon after Redmond finds a new man (or woman) to lead the charge.