Skip to main content

Market Overview

Microsoft Invests In Canada For Post Pandemic Digital Recovery

Share:

Microsoft Corp (NASDAQ: MSFTannounced the creation of a new Data Innovation Centre of Excellence, increased local technical talent, and the addition of a new Azure Edge Zone.

  • The newly created Data Innovation Centre of Excellence would provide deep technical resources to help Canadian organizations harness the power of data and cloud technology to fast-track their digital transformation.
  • Microsoft also announced the addition of a new Azure Edge Zone in Western Canada, increasing significant cloud footprint in Canada, and 500 local technical jobs to build leading applications in Intelligent Communications, Office, Azure, OneDrive, Web Experiences, and mixed reality.
  • Microsoft continued to build out its robust Canadian cloud and deep technical expertise for a post-pandemic digital recovery.
  • The Data Innovation Centre of Excellence, which would open in Microsoft's new downtown Toronto headquarters, would provide critical data analytics and local engineering expertise to Canadian customers, partners, and non-profits from coast to coast.
  • The addition of the Azure Edge Zone in Vancouver builds on Microsoft's already extensive cloud presence in Canada with two local data center regions and the recently announced Azure Availability Zones.
  • Price action: MSFT shares traded lower by 0.27% at $235.94 on the last check Wednesday.
 

Related Articles (MSFT)

View Comments and Join the Discussion!

Posted-In: Azure Cloud CanadaNews Tech Media

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com