Microsoft Targets Cloud Laggards in Broader Industry Push

Christopher Young, executive vice president business development, strategy and ventures at Microsoft.

Photographer: David Ryder/Bloomberg
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Microsoft Corp. is ratcheting up its effort to build products catered to specific industry professionals in a bid to penetrate markets that have lagged behind other sectors when it comes to adopting more advanced software.

“We’ll see industries that were traditionally slow movers, slow adopters of technology do more,” Christopher Young, executive vice president business development, strategy and ventures at Microsoft, said Wednesday at the Bloomberg Technology Summit.