Microsoft released its latest quarterly earnings, and they were very telling about what’s happening in the market in general, and with Microsoft’s business in particular.

Overall, Microsoft continues on a tear, with a stand out quarter. And its efforts in accelerating its cloud business (“the best of times”) are doing very well. Microsoft has a major lead in enterprise cloud with its Azure offerings. Azure grew 97 percent year over year, the majority of which was from enterprises deploying their corporate apps on the platform. The relative ease of moving from a corporate on-premises infrastructure consisting of Windows-based servers into the Azure cloud, as well as the hybrid cloud enabling Azure Stack, make deployment decisions relatively easy. While AWS and Google, along with others like SAP and Oracle, are pushing their own cloud solutions and making some headway, the enterprise continues to be a sweet spot for Microsoft and Azure.

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