Business news from Ukraine

MICROSOFT EXPECTS GROWTH IN INCOME FROM SALE OF CLOUD TECHNOLOGIES BY 50% IN UKRAINE

The largest global software maker Microsoft Corp. expects growth in income from sale of cloud technologies in Ukraine by 50% every year in the coming two years, Director of Microsoft Ukraine LLC Jan Peter De Jong said during the press breakfast in Kyiv on Thursday.
At the same time, he said that as part of the global digital transformation in the company at the global level, the development and implementation of customer access to cloud services are becoming a priority in Ukraine.
De Jong said that this is about all the cloud services of Microsoft Office 365, Microsoft Azure and Microsoft Dynamics.
“Digital transformation allows rethinking the ways people, data and processes interact. A digital transformation strategy that focuses on these three main components will make your company more effective for customers and gain a competitive advantage in a digital-oriented world,” he said.
The world’s largest software maker Microsoft Corp. increased its net profit in the first quarter of FY2020 by 21%, including thanks to the cloud business.

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