Mon Oct-30-2023: Tech Earnings Roundup, Octo Tempest – new MSP threat, and Preview the AI exec order
Business of Tech: Daily 10-Minute IT Services InsightsOctober 30, 2023
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Mon Oct-30-2023: Tech Earnings Roundup, Octo Tempest – new MSP threat, and Preview the AI exec order

In this episode, we discuss the latest tech earnings reports and their implications for the industry. Microsoft reported strong Q1 2024 results, with a 13% revenue growth driven by investments in AI and its generative AI product range. Azure and cloud services saw a 29% year-on-year revenue increase, and the company expects continued growth in Intelligent Cloud and Azure in Q2, fueled by AI workloads. Additionally, Microsoft CEO Satya Nadella revealed that GitHub Copilot has gained over 1 million users in more than 37,000 organizations. Stay tuned to learn more about the impact of enterprise spending on cloud growth and the emerging threat to managed service providers. Three things to know today 00:00 Enterprise Spending Drives Cloud Growth: Key Takeaways from Q1 2024 Earnings Reports [https://www.businessof.tech/2023/10/30/enterprise-spending-drives-cloud-growth-key-takeaways-from-q1-2024-earnings-reports/] 06:31 Octo Tempest: The Emerging Threat to Managed Service Providers and Beyond [https://www.businessof.tech/2023/10/30/octo-tempest-the-emerging-threat-to-managed-service-providers-and-beyond/] 08:33 AI in the Spotlight: What to Expect from Biden's 100-Page Executive Order Advertiser: https://rfcode.com/mspradio/ CODE MSPRadio for 30% off at checkout https://gozynta.com/payments/ Looking for a link from the stories? The entire script of the show, with links to articles, are posted in each story on https://www.businessof.tech/ Do you want the show on your podcast app or the written versions of the stories? Subscribe to the Business of Tech: https://www.businessof.tech/subscribe/ Support the show on Patreon: https://patreon.com/mspradio/ Want our stuff? Cool Merch? Wear "Why Do We Care?" - Visit https://mspradio.myspreadshop.com [https://mspradio.myspreadshop.com/] Follow us on: LinkedIn: https://www.linkedin.com/company/28908079/ YouTube: https://youtube.com/mspradio/ Facebook: https://www.facebook.com/mspradionews/ Instagram: https://www.instagram.com/mspradio/ TikTok: https://www.tiktok.com/@businessoftech

In this episode, we discuss the latest tech earnings reports and their implications for the industry. Microsoft reported strong Q1 2024 results, with a 13% revenue growth driven by investments in AI and its generative AI product range. Azure and cloud services saw a 29% year-on-year revenue increase, and the company expects continued growth in Intelligent Cloud and Azure in Q2, fueled by AI workloads. Additionally, Microsoft CEO Satya Nadella revealed that GitHub Copilot has gained over 1 million users in more than 37,000 organizations. Stay tuned to learn more about the impact of enterprise spending on cloud growth and the emerging threat to managed service providers.

Three things to know today

00:00 Enterprise Spending Drives Cloud Growth: Key Takeaways from Q1 2024 Earnings Reports

06:31 Octo Tempest: The Emerging Threat to Managed Service Providers and Beyond

08:33 AI in the Spotlight: What to Expect from Biden's 100-Page Executive Order


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