Microsoft sets commercial cloud goal of $20 billion run rate by 2018
Last week, during Microsoft's third quarter fiscal 2015 earnings, company execs said Microsoft had hit an annual run rate of $6.3 billion for its commercial cloud.
This week at the company's annual Financial Analyst Meeting (FAM), CEO Satya Nadella said Microsoft's goal is to hit a $20 billion run rate for its commercial cloud by 2018.
Products that are included in Microsoft's commercial cloud business currently include Azure, Office 365 business services and its CRM Online service. Microsoft also seemingly will be adding EMS, its Enterprise Mobility Suite to this group, as it rolls out in the coming months. Commercial cloud does not include cloud-hosting revenues.