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Microsoft (MSFT) received mixed reviews for its business road map detailed Wednesday at its Build developer conference in San Francisco. At the conference, Microsoft CEO Satya Nadella and other senior executives outlined their plans for the company as it transitions to cloud computing from a PC-centric business. It set a goal of reaching annualized revenue of $20 billion in its corporate cloud business in the fiscal year that ends in June 2018. In the March quarter, Microsoft’s cloud business had an annualized run rate of $6.3 billion. Microsoft’s Internet cloud offerings include Azure data-center services, Office 365 productivity software and Dynamics customer management programs. Microsoft also set a goal of getting its upcoming Scalper1 News
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