Welcome to the Cloud Wars Minute — your daily news and commentary show, hosted by Cloud Wars Founder Bob Evans. Each episode provides insights and perspectives around the “reimagination machine” that is the Cloud.
In this Cloud Wars Minute, Bob details Microsoft’s megadeal with the London Stock Exchange Group (LSEG).
Highlights
00:12 — Microsoft, the top player in the greatest growth market the world has ever known, plans to retain that spot by partnering with LSEG in a megadeal. The $5 billion deal with LSEG has positive ramifications for Microsoft.
00:40 — These ramifications extend across the entire cloud industry and the relationship that Cloud Wars companies have with future customers.
01:07 — For a price of $2 billion, Microsoft received a 4% ownership stake in the London Stock Exchange Group. Over this 10-year deal, Microsoft is expected to gain at least $2.8 billion in revenue from its products and services going to the LSEG. Microsoft now has a seat on the board of LSEG, too.
02:00 — Does this put Microsoft in the financial services business? Representatives from the company say no; this megadeal is just a way to get a seat on the board and understand what LSEG needs.
02:30 — Microsoft is an example of another Cloud Wars Top 10 company that is blurring industry lines. This co-creation partnership is going to deepen the co-creation model, giving big tech companies an “in” into different industries without being seen as a competitor.
03:12 — Microsoft’s megadeal redefines the buyer-seller relationship, catapulting itself into a new level of capability and opportunity in a digital world.
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