5 Biggest Cloud Providers by Revenue

2. Microsoft Corporation (NASDAQ:MSFT)

Latest 12 Month Revenue Estimate: $69.4 billion

Microsoft Corporation (NASDAQ:MSFT) is one of the largest technology companies in the world. Its cloud division is called Azure. Azure provides a wide variety of services such as remote application development, virtual machines, website development, identity management, storage, and big data analytics.

259 of the 943 hedge funds profiled by Insider Monkey had invested in Microsoft Corporation (NASDAQ:MSFT) during Q4 2022. Michael Larson’s Bill & Melinda Gates Foundation Trust is the largest shareholder since it owns 39 million shares that are worth $9.4 billion.

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