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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Microsoft Corporation    MSFT

MICROSOFT CORPORATION

(MSFT)
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Delayed Quote. Delayed Nasdaq - 11/25 04:00:00 pm
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Microsoft : backs women tech entrepreneurs with global expansion of IdeaGen and Women in Cloud

06/05/2019 | 01:53pm EST

Since its formation two years ago, Women in Cloud, a community-led initiative built to empower women-led technology businesses to drive growth through cloud solutions and services, has become a leading community and resource for women innovators all over the world. A key initiative within the Women in Cloud community is the Microsoft Cloud Accelerator Program, an immersive 6-month program designed to help women-led companies start and build their businesses through Microsoft and its cloud distribution channels.

Today, as we kick-off the second accelerator cohort of women entrepreneurs in the greater Seattle area, I'm proud to announce that Microsoft, in partnership with IdeaGen and Women in Cloud, will extend the reach of its Accelerators to eight additional countries, with programs planned for: Canada, France, Germany, India, Kenya, South Africa, the UAE and the UK. The program will also expand within the United States with a cohort in New York City launching September 2019 with another to launch in Chicago later in Fall 2019.

This scale will provide women-owned technology companies all around the world with access to the cloud, mentorship, networking communities and resources to bring women-led innovations to market. Through a multi-million-dollar, multi-year investment from Microsoft, it is our goal that with this expansion and continued scaling, this program can help generate $1B in cloud opportunity by providing accessible cloud technology to more than 1,000 women-led tech companies over the investment period, enabling them to scale their businesses for sustainable economic growth in all corners of the world.

We're excited to build on the program's previous success. To date, the Women in Cloud Accelerator has provided opportunities to 30 women-owned companies (12 Seattle area participants in the first cohort), accelerating businesses such as Stylyze, Meylah, Genneve Health, and Automaton, while developing more than $30M of Cloud pipeline at its start.

Since launching Microsoft for Startups, Microsoft's vision has been to deliver access to transformational technologies like cloud and AI and go-to-market and community benefits that help startups grow their customer and revenue base. As a part of that commitment, we support the acceleration of opportunities for diverse and underrepresented startups and entrepreneurs in a myriad of ways such as partnerships with groups like Backstage Capital, Black and Brown Founders, The Riveter, and WTIA's Founder Cohort Program, as well as launched programs like M12's Female Founders Competition.

As a woman and a leader at Microsoft, I'm proud of these initiatives, many of which have been established and are supported by women leaders within our organization. I am encouraged by our continued commitment to providing inspiration and mentorship for both women in tech and those just starting to develop interest in the industry. While there remains much to do, we at Microsoft believe that we will only be able to address our toughest technology challenges when we embrace diverse perspectives. To build this diversity, it's critical to have a varied partner ecosystem and one that actively supports women entrepreneurs.

We can't wait to see what innovation this partnership will foster - members of women-led companies are encouraged to apply here. We are currently accepting applications for our Chicago cohort, and will be opening applications for our global cohorts soon.

Tags: Microsoft Cloud, Microsoft Cloud Accelerator Program, Microsoft for Startups, women in technology

Disclaimer

Microsoft Corporation published this content on 05 June 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 05 June 2019 17:52:01 UTC


© Publicnow 2019
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Financials (USD)
Sales 2021 158 B - -
Net income 2021 51 344 M - -
Net cash 2021 76 102 M - -
P/E ratio 2021 31,7x
Yield 2021 1,02%
Capitalization 1 617 B 1 617 B -
EV / Sales 2021 9,75x
EV / Sales 2022 8,71x
Nbr of Employees 163 000
Free-Float 99,9%
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Microsoft Corporation Technical Analysis Chart | MSFT | US5949181045 | MarketScreener
Technical analysis trends MICROSOFT CORPORATION
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 39
Average target price 242,47 $
Last Close Price 213,87 $
Spread / Highest target 30,0%
Spread / Average Target 13,4%
Spread / Lowest Target -15,8%
EPS Revisions
Managers
NameTitle
Satya Nadella Chief Executive Officer & Non-Independent Director
Bradford L. Smith President & Chief Legal Officer
John Wendell Thompson Independent Chairman
Kirk Koenigsbauer COO & VP-Experiences & Devices Group
Amy E. Hood Chief Financial Officer & Executive Vice President
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