Microsoft shared during its last earnings call that it experienced a near 19% and $50 billion growth in Office 365 Commercial cloud revenue. However, Mary Jo Foley at ZDNet managed to get a deeper dive into the cash behind the numbers.
Indeed, the veteran Microsoft reporter now says that Microsoft 365 is "big and getting bigger fast." Citing internal contacts familiar with a private breakout brief of the fiscal results, Foley found a couple of key findings in relation to Microsoft 365, Dynamics 365, and Azure.
According to the leaked data obtained by Foley, the Microsoft 365 enterprise offerings contributed $20 billion in billed revenues to Microsoft's latest quarterly earnings. That's up 50 percent and $13.2 billion from FY'19. Then, of those Microsoft 365 subscriptions, demand for the E5 plans, which are the highest-priced, doubled in this quarter. "E5 contributed $7.5 billion, up from $4.2 billion in FY'19," said Foley.
As for Dynamics 365, revenue went $2.2 billion, a change from the $1.6 billion in the fiscal year 2019. when it comes to Azure, meanwhile, Microsoft was hoping to see a 60% growth, but the company saw 59% instead. Foley notes Microsoft has Azure deals falling onto the "$10-million-plus category."
As Slack continues to cry foul with Microsoft, things are only looking good for the Redmond Giant. Since the world is continuing to deal with the COVID-19 Pandemic, Microsoft is clearly benefiting from companies in need of cloud computing services. With its Microsoft 365 plans for businesses, the software giant is now able to bundle together great productivity apps, device management, and advanced security.