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Considering the latest quarterly results, in which the company claimed that its cloud revenue grew a 128% year over year, we estimate that the annual revenue run rate for Azure can be close to $2.3 billion. Azure, currently, is the only major cloud platform that is consistently ranked as a leader for both infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS). While Microsoft continues to use the same platform that is used in Azure for some of its offerings such as X-box live, Bing,...
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