Microsoft Joins Apple and Other Tech Giants in Exclusive $2 Trillion Club

Microsoft Corporation has scripted its name in the history books as the second US public company to reach a $2 trillion market value, in cloud computing and enterprise software will expand further in a post-coronavirus world. Its shares rose as much as 1.2 per cent in New York which was enough for the software company to join Apple Inc. as one of only two companies that is trading at a lofty value before closing pennies short of the mark at $265.51.

Microsoft has gained 19 percent so far this year, outperforming Apple and Amazon.com Inc. The company is expecting for a long-term growth for both earnings and revenue, and expansion in areas like machine learning and cloud computing. Its third-quarter results, released in late April, topped expectations that demonstrated strong growth across its business segments.

Microsoft is now focusing to become the largest seller of cloud-computing software, counting both its infrastructure and Office application cloud units. It is also the only one of the biggest U.S. technology companies that has so far evaded the recent wave of scrutiny from increasingly active American antitrust regulators by giving it a freer hand in both acquisitions and product expansion.

 

Telecom Giants Vodafone Idea partners with Cisco to improve 4G and 5G user experience

Telecom industry giant Vodafone Idea (Vi) in a recent announcement has stated that it will collaborate with Cisco to improve its already existing 4G network and, in the future, 5G use cases to offer better quality experience for its customers. The company further added that it would work with Cisco to design and build a cost-efficient network architecture that drives greater speed to market in 4G, 5G, Cloud, and IoT.

Vi has said that it would be adding Cisco’s new ultra-packet core to its network architecture to deploy new software applications and services such as voice-over Wi-Fi. With this, Vi is committed to providing seamless connectivity to its customers and to enhance user experiences that is empowered by an intelligent and automated network offered by Cisco.

The Department of Telecommunications (DoT) has allocated 5G trial spectrum in various bands to various telecommunication networks such as Airtel, Jio, and Vi to develop robust 5G use cases. Airtel and Jio have already commenced their 5G trials to test peak speed, latency, and data loads. Vi, however, is yet to begin its 5G trials soon.

 

Ezbob launches all-new modular and robust SaaS platform

Ezbob, in a recent press meet, has announced that it has launched a new modular SaaS platform Ezbob Express. This new platform primarily focuses on three important needs -  offering financial service providers the flexibility that fills the gap in their digital transformation strategies, allowing them to make more precise complex credit and risk decisions in real-time that facilitate the growth of embedded finance.

Ezbob has stated that the new Express customer acquisition platform will have a modular approach that enables financial institutions with gaps in their digital channel to add the functionality needed to achieve a customized digital experience. The new modules will include UX & Process Design, Compliance & Authentication, Credit & Risk Decisioning, and Product Recommender.

Organizations that use Ezbob Express's robust API strategy can now embed a financial service into their purchase process, like customer accounts opening, credit card applications, consumer and business loans, overdraft facilities, asset finance, and invoice financing. It allows financial service providers to transform their customer onboarding into a highlighted, streamlined, automated digital journey by reducing customer input by 75 percent and increasing completed applications by 400 percent, which is a quick and seamless process.

 

 

Microsoft Corporation has breached the $2 trillion mark at NYSE

Popular tech giant Microsoft Corporation has now joined the exclusive $2 trillion club. The company's dominance in the cloud computing segment and enterprise software will continue to expand further even after the end of the Covid pandemic. Microsoft's shares sharply rose by 1.6 percent in NYSE, which propelled the company enough to join Apple Inc. to become the second company in history to have a market value of $2 trillion. Saudi Aramco also managed to breach the $2 trillion mark at the end of December 2019, but now the company is valued at $1.9 trillion.

Since the beginning of the Satya Nadella era at Microsoft, the focus was shifted towards cloud computing solutions. Microsoft is one of the companies which successfully evaded the recent antitrust regulators' wave, giving it the freedom to expand its product portfolio and acquisitions. Microsoft has clearly outperformed Apple and Amazon by gaining 19 percent so far. The immense growth is mainly due to the fact that investors are now rushing towards Microsoft due to long-term growth in investment and revenue. The area of focus also draws investors. Microsoft is engaged in various segments giving it an upper hand, and also, the company is well poised in the tech market.

 

 

Salesforce Raises Its Game by Reinventing New Modules for Hybrid Work

Many companies in recent times plan to continue remote or hybrid work into the future, but this raises new challenges for employee learning and development. Today, employees report fewer opportunities to develop their skills in remote work. Recent research conducted by Salesforce in cites shows that 59 percent of employees say they’ve had less access to workplace learning since the pandemic.

To overcome this and to improve employees’ skills Salesforce has traditionally offered its free training programs to mixed groups of their own employees as well as their customers’ employees. As a result, people looking for work in the Salesforce “ecosystem” could make useful contacts with its customers’ workforces. Salesforce recently has established a separate “Trailhead” unit to help employee’s training progression.

The product will also allow company’s employees to see their own Salesforce training record in a software platform called myTrailhead, and will allow the companies to add their own proprietary training to that platform. Salesforce’s new platform will make potential job candidates more widely visible, and there emerges a win-win situation among Salesforce, its developers, its technology partners, and also its customers.