The world's largest software maker,
), is gaining popularity among companies like Sensia Halsovard
AB, Arysta LifeScience and SEPCOIII.
Previously, all these organizations deployed
) Apps for their business requirements. But they soon found it
inadequate. Not only did it lack the basic offline capabilities
like calendar sharing, but it was also not as user-friendly as
they had expected it to be. Hence, Microsoft's Office 365 edged
over Google's service with its unique security and privacy
features and the variety of certifications of cloud-based
services that it offered.
The Office 365 suite equips these organizations with advanced
technologies, thereby improving operational efficiency and
resource allocation. Not only does it facilitate communication
and collaboration among the organisations, but it also reduces
their IT expenses.
Office 365 is sold as a service, and therefore generates
ongoing revenues for Microsoft instead of a one-time licensing
fee. Launched in Dec 2011, the new Office comes with the
traditional word processing, spreadsheets and email programs.
Microsoft's Office 365 is gaining traction in the market as it
recently launched its online version focusing on touch devices.
Further, it is being deployed at the stores of retailers such as
J. C. Penney Company Inc.
) and U.K.-based Tesco as well as government departments such as
the Texas Department of Information Resources, which chose the
software for inter-departmental activities.
The latest to jump on the bandwagon is the International
Federation of Red Cross and Red Crescent Societies (IFRC), which
also signed an MoU with Microsoft. Further, Microsoft's software
is gaining ground in the healthcare sector. The company continues
to innovate, launching separate versions for businesses and
Currently, just like other PC makers, Microsoft is also
battling the slump in the PC market caused by the sluggish
economy. In addition to this, the popularity of smartphones and
) and Google are cannibalizing the PC market sales, further
deteriorating the scenario. Whether it can come out of the slump
on the back of its new software and OS is a wait-and-see
Microsoft reported revenues excluding deferrals of $20.49
billion in the third quarter of fiscal 2013, which was down 4.5%
sequentially but up 17.7% from last year, more or less in line
with our estimates. All segments grew strongly from the year-ago
quarter and declined only slightly from the seasonally strong
December quarter. Microsoft's Business Division grew both
sequentially and year over year.
Microsoft has a Zacks Rank #4 (Sell).
APPLE INC (AAPL): Free Stock Analysis Report
GOOGLE INC-CL A (GOOG): Free Stock Analysis
PENNEY (JC) INC (JCP): Free Stock Analysis
MICROSOFT CORP (MSFT): Free Stock Analysis
To read this article on Zacks.com click here.