CSP Revenue Growth
Microsoft also reported that total revenue for CSP partners has been growing rapidly. For the company’s second fiscal quarter of 2021, ended Dec. 31, total revenue for CSP partners surged 53 percent compared to the same period a year earlier.
Cloud-based products such as the Teams collaboration app have been helping to drive the rapid growth for CSP partners, Microsoft has said. For instance, Tacoma, Wash.-based Continuant told CRN in October that its revenue related to Teams was expected to surge by up to 50 percent in 2020 compared with the previous year. As Teams usage exploded during 2020, solution providers were “central” to the growth and to finding multiple routes to drive major revenue from Teams, Schuster told CRN previously.
During Microsoft’s second fiscal quarter, ended Dec. 31, revenue for Azure grew 50 percent year over year. The Azure results propelled 23-percent revenue growth in Microsoft’s intelligent cloud segment, which reached $14.6 billion during the quarter.