Microsoft Corporation To Donate $1B In Cloud Services To Nonprofit Ventures, Researchers
Satya Nadella, CEO Microsoft Corporation (NASDAQ:MSFT) said that the company is planning to offer $1 billion in cloud services over a span of three years to the nonprofit/nongovernmental ventures and researchers. According to him, the donation is being made, with the intention to provide access to services and communities who cannot afford these services.
The size of the donation has been calculated after overviewing the fair market value and is expected to bring long-term business benefits adding several potential long-term users for the company’s cloud platform.
What is the plan?
Microsoft is planning to support around 70,000 nonprofits on the cloud platforms of the company including Office 365, Azure, CRM and PowerBI online via this program. During the announcement, Nadella said that the tech giant is thinking of empowering the organizations that are passionate about their missions around the globe by donating its most transformative technology of today’s generation- the cloud computing services.
The organizations benefitting through this donation will be able to access technology. It will help them resolve some of the greatest societal challenges thereby improving human condition and help focus on new growth.
In his blog post, Nadella says that one of the questions asked during the World Economic Forum in Switzerland’s Davos is how to make the benefits of cloud technology accessible universally rather than restricting them only to wealthy societies. These advantages include intelligence, data, insights and analytics that are an integral part of the cloud computing services.
Recently, the company set up its new Philanthropies arm, which will provide nonprofit organizations and firms’ complete access to Microsoft cloud services including Microsoft Azure. It will help the NGO’s run their applications and use the power of computing and storage and CRM online. These benefits will help the nonprofits to manage their relationships, with the beneficiaries and the donors.
The Enterprise Mobility Suite from Microsoft will help them manage all their data, applications and devices.