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Microsoft Made $247 Billion from SaaS in 2024

2024 has arrived, and with it, one of the most astonishing financial stories in the tech industry: Microsoft has generated $247.2 billion in SaaS revenue.

How did Microsoft, once the king of boxed software, become one of the most dominant forces in the SaaS world, pulling in revenues that make the boldest tech giants take notice? Imagine a developer who uses Visual Studio to write code, hosts it on Azure, and then collaborates with their team via Microsoft Teams—all while having documents stored and managed securely in OneDrive. Microsoft’s next big bet appears to be on artificial intelligence and further enhancements to Azure, aiming to integrate AI more deeply into everyday SaaS operations.

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