) recently inked a deal with GoDaddy in order to enable small
business owners to access Office 365 more easily. Users can
select any one of the three Office 365 plans that will be
connected to their domain names.
Go Daddy is a privately-held firm and mainly functions as an
Internet domain registrar and a web hosting company. It started
out in 1997 as Jomax Technologies and later went on become Go
Daddy Group Inc.
As per the deal, all the small businesses that have signed up
with Go Daddy will now be able to access their official mail
connected to their domains. Additionally, all other Microsoft
productivity solutions will also be made available to them via
Office 365 offers business-class email, shared calendars, instant
messaging, online conferencing and access to the most up-to-date
Office documents. These capabilities are delivered as a cloud
service available to users wherever they are, online or offline
and across a variety of devices. Additionally, Office 365
includes built-in security features that help deflect malware,
spam, phishing attacks and other threats.
Microsoft believes that this deal will widen its reach and
eventually increase its revenues and profitability going forward.
Go Daddy, on the other hand, expects this strategic union to save
time of its users, thus making its offerings more attractive and
Microsoft remains one of the best positioned software vendors,
given its wide range of products, emerging markets strength,
continued technology deployment at data centers and growth in
cloud computing. In the last reported quarter, cloud services
gained momentum, with commercial cloud revenues soaring 103% year
over year. Office 365 and Azure grew in triple digits. Dynamics
CRM also contributed to the strength in cloud revenue because
two-thirds of customers moved to the cloud.
However, the popularity of smartphones and tablets from
) have been cannibalizing its core PC market. Microsoft is
targeting Apple's devices instead of Google's because of the
margins involved. This seems to be a good idea, though there is
some risk involved.
Currently, Microsoft has a Zacks Rank #4 (Sell).
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