According to Business Insider, Microsoft is getting ready to welcome Amazon.com as a big client for its cloud-based 365 productivity package. Deal, valued at over $1 billion, represents a turning point for the two digital behemoths, which have usually been fierce rivals and seldom worked together.
The study also states that Amazon has made a sizeable financial commitment for a period of time longer than five years. The massive e-commerce company plans to purchase over a million Microsoft 365 licenses. Microsoft declined to comment after the disclosure, although its stock price rose by roughly 1% in extended trade. Amazon has yet to issue a formal comment and has yet to respond to Reuters’ requests for clarification. According to the article, Amazon plans to start integrating these new technologies in early November. A local, on-site version of Microsoft Office products now used by Amazon.
In November, a new system will implemented.
Early November is when Amazon wants to start setting up new systems, just as Microsoft is releasing an updated version of its Office 365 software with additional AI features. The whole move for Amazon’s staff expected to begin in early 2024, according to an individual who talked to the newspaper. A deal of this size requires extensive preparation and resource allocation in the cloud. Teams inside Microsoft’s Office and security departments are already stepping up operations to match the increase in demand, the source confirmed to the newspaper. According to a source familiar with Amazon’s inner workings, Amazon previously avoided the cloud version of Microsoft’s 365 products because of concern about putting data on a rival’s cloud platform.
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