Microsoft Corporation (MSFT) Takes Office 365 into New Worlds

Microsoft Corporation (NASDAQ:MSFT) has been getting some momentum for its Office 365 platform and its cloud computing services, including Azure. a couple of recent announcements have just solidified that growing momentum, as Microsoft (MSFT) has moved itself into a branch of the federal government and into China in separate deals that will feature Office 365. These two deals my bode well for the firm as the cloud-computing universe continues to expand, and certainly investors in Microsoft (NASDAQ:MSFT) stock like billionaire fund manager Seth Klarman of Baupost Group, may be optimistic.

BAUPOST GROUP

Domestically, Microsoft Corporation (NASDAQ:MSFT) won a contract with the U.S. Environmental Protection Agency (EPA) to provide Office 365 cloud-based services for collaboration and communications through longtime IT provider Lockheed Martin Corporation  (NYSE:LMT) as part of a four-year contract worth nearly $10 million. There is no word as to what company provided these services in the past, but to see Microsoft Corporation (NASDAQ:MSFT) winning the contract against other cloud-computing services from Google Inc. (NASDAQ:GOOG) and others, can be seen as a significant step forward for Redmond. The services will be provided for about 25,000 EPA employees, and Lockheed Martin Corporation (LMT) will oversee the integration and transition, with the Office e-mail migration expected to be completed in early 2013.

It is expected that the services will improve efficiency and save the EPA about $12 million in energy costs – which amounts to a 20-percent ROI – over the life of the contract, and the EPA joins the Federal Aviation Administration and the U.S. Department of Agriculture as federal divisions that utilize Microsoft Corporation (NASDAQ:MSFT) cloud computing.  “There is tremendous potential in the cloud, not only for transforming the way government employees work, but also for helping agencies meet their environmental and energy efficiency goals,” said Greg Myers of Microsoft Federal in a statement.

On the international front, Microsoft Corporation (NASDAQ:MSFT) secured a partnership agreement with the Shanghai Municipal Government and 21Vianet  Group Inc. (NASDAQ:VNET) to provide Office 365 and Windows Azure cloud-computing services into China. With those China customers who wish to work with Microsoft Corporation (NASDAQ:MSFT) for services, will have access to Office 365 from data centers in in Singapore and Hong Kong. “The public cloud market in China will grow from $297 million in 2011 to $3.8 billion in 2020. The three segments of the virtual private cloud market will grow from $44 million in 2011 to $1.6 billion in 2020. The unparalleled economic growth in China will certainly help spur strong cloud market growth in China across most cloud segments through 2020,” according to a report from Forrester Research.

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Click here to Read Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 74 percentage points in 2.5 years. Our beta is only 1.2 (download a FREE newsletter and see the details inside)

Lists

Best Selling Magazines in the World

Shortest People in History

The Most Celebrated Holidays in the World

Most Expensive Handbag Brands in the World

Top Selling Comic Book Issues of this Century

The Most Powerful Women in Politics

Best Paid DJs

Most Rebellious Female Artists

Best Paid TV Actresses of 2014

Best Paid Actors of 2014

Most Expensive Horses in the World

Tallest People Ever

Most Encouraging Feminist Celebrities

Best Paid Supermodels of 2014

Top 10 Suburbs for Retirement in 2015

10 Wealthiest Cities in America

Top 10 TED Talks for Entrepreneurs

Best TED Talks on Education

25 Most Dangerous Places to Live in America

Top 10 Ski Resorts in the United States – 2014 List

Top 10 Most Remote Places in the World

Most Visited Museums in the United States

Wealthiest Photographers in the World

Most Famous Gay Athletes

The World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!