Microsoft Corp. unveiled a raft of product updates and new services in security, artificial intelligence and other areas as the company tries to sustain the growth of its Azure cloud and Office software businesses.
It also announced an agreement on common data standards with Adobe Systems Inc. and SAP SE, that will allow business to move clients’ data around among platforms. The partnership, called the Open Data Initiative, aims to put the customer "back in control of their own data," Microsoft Chief Executive Officer Satya Nadella said at the company’s Ignite conference for information technology professionals on Monday.
The initiative will eliminate data silos by combining all the information companies retain on single individual customers into one real-time and renewable package, he said. This will allow companies to create a complete view of customer interactions and connect data across their organizations.
Nadella also introduced new offerings and provided updates that include:
The world’s largest software company also said it’s spending $40 million to put its AI products to work in helping refugees, children and disaster response in conjunction with organizations like the World Bank.