As a new fiscal year just started, tech giant Microsoft intends to take it for what it is, a fresh beginning. Therefore, the executive board researched ways to streamline the entire organization. As a consequence, an internal memo announced major internal changes. While there was no word about any layoffs, the company shows that it is capable of moving fast and doing whatever it takes to prevail in its industry.
Microsoft Wants Top Spot in a $4.5 Trillion Commercial and Consumer Market
A new memo circulated Microsoft headquarters to notify employees of big changes ahead. The company intends to adapt to new trends so as to serve better partners as well as clients. Therefore, Microsoft is going to mark the beginning of a new fiscal year with significant alterations.
First of all, the customer model of the company will be split into two departments. One of them will handle enterprise customers while the other will take care of small, medium, and corporate ones. Through this massive restructuring, the company intends to tap into a market valued at $4.5 trillion intended for Commercial and Consumer businesses.
The Upcoming Major Internal Changes Will Focus on Cloud Computing Business
Throughout its transformation journey, Microsoft will consult several “growth drivers” to remain on track. These mainly focus on working side by side with their clients to help them achieve success in their endeavors. The main method to unlock this potential is to grow capacities such as quick decision making, response time, and ongoing learning.
All these points indicate that Microsoft will go to great length in its major internal changes to boost its cloud computing business. The run rate for this product showed $15.2 billion last quarter which is an improvement since the previous one hit $14 billion. On top of that, revenue in this sector only proliferated 93% to $6.8 billion during last quarter.
The company tracked down other modern trends that can be turned into secondary sources of income. For instance, gaming is a hot area thanks to the rising popularity of eSports. As a consequence, the company reactivated a last year’s acquisition of Mixer, a streaming service, and added it into Xbox.
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