Latest news with #MicrosoftCloudDividendSnapshot
Yahoo
20-03-2025
- Business
- Yahoo
Microsoft to Launch First Cloud Region in Malaysia, Projected to Generate $10.9 Billion in Revenue
With operations slated to start in the second quarter of 2025, Microsoft (MSFT, Financials) is about open its first cloud region in Malaysia. According to a research commissioned by Microsoft, the cloud facilityknown as the Malaysia West cloud regionis expected to provide 37,575 jobs and $10.9 billion in income for the nation by to the IDC "Microsoft Cloud Dividend Snapshot," information technology will account for around 5,700 of the overall new employment. Complying with local data residency rules, the Greater Kuala Lumpur facility will provide Malaysian companies access to Microsoft's cloud investment builds on Microsoft's past pledges to Malaysia, including a $2.2 billion promise made in May 2024 to hasten artificial intelligence and cloud computing growth in the from infrastructure, Microsoft is developing digital skill initiatives. Aiming at teaching 800,000 Malaysians in AI capabilities by the end of 2025, the corporation started the AI for Malaysia's Future project in December 2024. Inspired by the company's Bersama Malaysia program, which has given more than 1.53 million Malaysians digital skills training, this project aligns withHaving been in Malaysia for 33 years, Microsoft sees the cloud as essential in enabling the nation to become a center for artificial intelligence and cloud computing in Southeast Asia. The corporation has also positioned the effort as a chance for multinational companies to enter Malaysia wants to establish itself as a leader in artificial intelligence and cloud technology in the region, Microsoft's cloud development fits with the larger digital transformation objectives of the nation. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
20-03-2025
- Business
- Yahoo
Microsoft to Launch First Malaysia Cloud Region with $2.2B Investment
March 20 - Microsoft (MSFT, Financial) will launch its inaugural cloud region in Malaysia by mid?2025, featuring three data centers in Greater Kuala Lumpur, according to a Thursday news release. This new Malaysia West region follows nearly a year after the tech giant unveiled a US$2.2 billion, four?year investment plan in the country. Warning! GuruFocus has detected 1 Warning Sign with MSFT. A study commissioned from research firm IDC, titled "Microsoft Cloud Dividend Snapshot," forecasts that between now and 2028, Microsoft, its partners and cloud customers will generate US$10.9 billion in new revenues, fueling local economic growth and creating 37,575 jobs, including 5,700 skilled IT roles. The cloud region will meet local data residency mandates, ensuring secure data management. Last year, CEO Satya Nadella outlined plans to boost cloud and AI infrastructure across Malaysia, Thailand and Indonesia. Laurence Si, managing director of Microsoft Malaysia, confirmed that export control issues remain at status quo, keeping the project on track. This article first appeared on GuruFocus.
