Mike AustinFounder & CEO, Metrixdata 360 Inc. · Mike Austin | Helping enterprises take control of software costs through data, strategy, and relentless execution

Unlocking the Power of SaaS - Episode 3

Name: Unlocking the Power of SaaS - Episode 3
Uploaded: 2023-09-16T15:00:09+00:00
Duration: 51 s
Channel: Mike Austin
Description: Mike Austin (speaker) recounts the history and business impact of Microsoft Office 365: he states Office 365 was officially launched on June 28, 2011…

16 Sept 2023 · 1 min

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0:51

Mike Austin (speaker) recounts the history and business impact of Microsoft Office 365: he states Office 365 was officially launched on June 28, 2011, after earlier pilot programs called BPOS several years prior. He links the advent of Office 365 and broader SaaS/Cloud offerings (including Azure) to significant growth in Microsoft’s share price — citing a historical price around $23–$24 at launch and roughly $340 at the time of the talk — while noting growth is not solely attributable to Office 365 but also to Azure and cloud trends.

Questions this video answers

June 28, 2011.

BPOS (earlier pilot program, several years prior).

Approximately $23–$24.

About $340.

Chapters

In June 2000, June 28, 2011, that's when Microsoft officially launched Office 365. Now they had they had some increments of this before this. They had a program, if anybody was around back then called BPOs, which was kind of their earlier version of it. And it was kind of like the pilots as they were trying to figure it out. And they probably had those, you know, three years before that, three, four years before, before this. But officially, June 28, 2011 is when Microsoft launched Office 365. On that day, their share price was $24, 23. Today, I think it's $340. You know, it's going to be in between. It's popping up and down a little bit. But today it's $340. Now, is all of that due to Office 365? No, because they got big components of Azure that have driven that growth as well. But you can see what SaaS and Cloud has done for Microsoft.