Web: Microsoft to donate $1B worth of cloud computing resources

January 2016 by: From The Web

With great profits, comes great responsibility. Nowadays, being profitable, creating jobs and selling quality products isn't enough from a publicity perspective. Take Microsoft, for example. Windows and Office has powered countless successful businesses, while the company employs thousands of folks globally. Yet, despite those things, in order to be seen as a friendly company, the Windows-maker -- and other corporations -- must be philanthropic too. You know what though? Regardless of motivation, its donations are much appreciated.

Today, Microsoft announces that it is donating "$1 billion" worth of cloud computing resources, which it claims is "measured at fair market value". True, this is not the same as donating $1 billion to the homeless or hungry, but it is still something for which to be thankful. With that said, the dollar figure is arguably subjective, as Microsoft is pretty much setting the value. Still, the potential for this donation is immense.

"Our rationale for today's announcement is simple. Cloud computing has emerged as a vital resource for addressing the world’s problems. Cloud services can unlock the secrets held by data in ways that create new insights and lead to breakthroughs, not just for science and technology, but for addressing the full range of economic and social challenges and the delivery of better human services. They can also improve communications and problem-solving and can help organizations work in a more productive and efficient manner", says Brad Smith, President and Chief Legal Officer, Microsoft.


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