Connect with us

Tech

Microsoft CEO Satya Nadella on why tech giant ‘will weather the storm’ amid COVID-19 outbreak

Published

on

‘Uncharted territory’: What Satya Nadella is telling Microsoft employees about the COVID-19 outbreak

Microsoft CEO Satya Nadella speaks on the Microsoft Build developer convention in Seattle in May 2019. (GeekWire Photo / Kevin Lisota)
One influence from the sudden change to distant work amid the COVID-19 disaster: Satya Nadella is not working from his mattress at dwelling.
“Sharing the workplace with my daughters has been really fairly enjoyable,” he mentioned Tuesday. “In reality I take my daughters assist in establishing the entire issues round my laptop as a result of I used to all the time work on my mattress. Now I work at an actual desk.”
Coronavirus Live Updates: The newest COVID-19 developments in Seattle and the world of tech
in an interview with CNBC, Nadella mentioned he’s assured that Microsoft will come out of the COVID-19 disaster “fairly sturdy.”
“We will climate the storm,” he mentioned, including that the Redmond, Wash.-based firm has a “nice stability sheet” and a “very various enterprise.”
“We have a mixture of annuity, non-annuity that can be stronger than even the final time we went into the monetary disaster,” he mentioned.
Microsoft inventory was up eight p.c Tuesday, although it’s down greater than 20 p.c over the previous month amid the inventory market plunge.
Much like fellow Seattle tech big Amazon, a few of Microsoft’s expertise has change into essential with social distancing and work-from-home mandates in place. For instance, its Teams collaboration app noticed a 37% spike in day by day energetic customers final week. Nadella mentioned Teams is seeing a “60X enhance” and 900 million minutes of utilization a day.

READ MORE:  Apple and Google roll out their new exposure notification tool. Interest seems limited.

‘Uncharted territory’: What Satya Nadella is telling Microsoft staff in regards to the COVID-19 outbreak

Microsoft is dealing with peak demand with its Azure information facilities and companies reminiscent of Teams and Xbox Live, which lately surpassed vacation season utilization, Nadella mentioned. The CEO famous that the corporate’s back-end programs are holding up tremendous, including that the “scale for certain is unprecedented.”
“If this was a earlier era of knowledge middle architectures or software program architectures, I don’t suppose we might have been capable of cope with this disaster as successfully as we now have been capable of,” he mentioned.
Asked if the financial slowdown will have an effect on product launches, Nadella mentioned the corporate’s provide chains are “coming again” and that he’s extra involved with demand in markets such because the U.S. and Europe.
Nadella mentioned the primary precedence at Microsoft is the well being and security of its staff. He mentioned the corporate will comply with public well being guidances so far as when staff will return to work.
“I don’t suppose it’s going to be someday that everyone comes again,” he mentioned. “I believe we’re going to need to do it in waves and in addition to essentially make sure that the curve that’s being flattened and doesn’t spike again once more. That goes to be the important thing problem and that is going to stay with us till we now have an actual therapeutic or a vaccine.”
Microsoft this month launched a Bing COVID-19 tracker and helps the CDC with a Healthcare Bot. It can be working with Seattle-based Adaptive Biotechnologies on coronavirus-related analysis.
The firm mentioned in February that it’s going to miss income steering for its “More Personal Computing” enterprise section, which incorporates Windows, because of the outbreak.
Microsoft was one of many first firms to ask staff to do business from home because the COVID-19 illness started spreading within the Seattle space. Two staff examined constructive on March 6. The firm employs almost 54,000 individuals within the Seattle area, most of them at its headquarters in Redmond, Wash. It will proceed to pay on-campus hourly distributors their common compensation.
Microsoft closed its retail shops final week. It additionally moved its Build developer occasion in Seattle to an online-only occasion, and introduced Monday it could do the identical with its annual Inspire occasion, initially scheduled for July 9-13 in Las Vegas.

READ MORE:  Netflix is currently down for many users around the world
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Watch continuing coverage of SpaceX crewed launch to the International Space Station
Tech24 mins ago

Watch continuing coverage of SpaceX crewed launch to the International Space Station

Analysts: Why Bitcoin Breaking $10,500 Is So Crucial to the Long-Term Bull Case
Crypto2 hours ago

Analysts: Why Bitcoin Breaking $10,500 Is So Crucial to the Long-Term Bull Case

The Minnesota Freedom Fund is all over Twitter. Here’s what it does.
Tech3 hours ago

The Minnesota Freedom Fund is all over Twitter. Here’s what it does.

Huawei’s terrible week
Tech3 hours ago

Huawei’s terrible week

Poster Conduct Unbecoming
Entertainment4 hours ago

A Few Bad Men Display ‘Conduct Unbecoming’

Swiss computer vision startup Scandit bags €73M to power barcode scanning with Computer Vision and AR
Start-Ups5 hours ago

Swiss computer vision startup Scandit bags €73M to power barcode scanning with Computer Vision and AR

SpaceX makes history with successful first human space launch
Tech6 hours ago

SpaceX makes history with successful first human space launch

Exposure to -1x the Daily Performance: Bitcoin.com Exchange Adds Inverse Token BTCSHORT
Crypto7 hours ago

China Passes Law Protecting Cryptocurrency Inheritance

Protesters shatter Amazon Go windows in Seattle as outrage over Minneapolis man’s death spreads across country
Tech8 hours ago

Protesters shatter Amazon Go windows in Seattle as outrage over Minneapolis man’s death spreads across country

Director Ani Acopian breaks down her drone-shot video, ’A World Artists Love’
Tech9 hours ago

Director Ani Acopian breaks down her drone-shot video, ’A World Artists Love’

Startups Weekly: Remote-first work will mean ‘globally fair compensation’
Start-Ups10 hours ago

Startups Weekly: Remote-first work will mean ‘globally fair compensation’

It’s “Decision Time” for Ethereum, and Analysts Bet ETH Surges to the Upside
Crypto12 hours ago

It’s “Decision Time” for Ethereum, and Analysts Bet ETH Surges to the Upside

NASA astronauts successfully pilot SpaceX’s Crew Dragon spacecraft manually for the first time
Tech12 hours ago

NASA astronauts successfully pilot SpaceX’s Crew Dragon spacecraft manually for the first time

SpaceX finally sent humans to space. What happens next?
Tech13 hours ago

SpaceX finally sent humans to space. What happens next?

A New Color: The Art of Being Edythe Boone
Entertainment14 hours ago

Official Trailer for 'A New Color: The Art of Being Edythe Boone' Doc

Tech startups weekly: Tackling growing waste crisis, cloud-based phone system, the rise of fintech
Start-Ups15 hours ago

Tech startups weekly: Tackling growing waste crisis, cloud-based phone system, the rise of fintech

SpaceX’s astronaut launch marks the dawn of the commercial human spaceflight industry
Tech16 hours ago

SpaceX’s astronaut launch marks the dawn of the commercial human spaceflight industry

Good Boy Trailer
Entertainment16 hours ago

Judy Greer Has a Killer Dog in Trailer for Horror 'Good Boy' from Hulu

American Panic Led to the Creation and Expansion of the Corrupt Federal Reserve System
Crypto17 hours ago

American Panic Led to the Creation and Expansion of the Corrupt Federal Reserve System

Oh great, now we’re running out of bikes
Tech18 hours ago

Oh great, now we’re running out of bikes

‘America needs our help’: Q&A with OfferUp CEO Nick Huzar after Seattle-area startup lands $120M
Tech2 months ago

‘America needs our help’: Q&A with OfferUp CEO Nick Huzar after Seattle-area startup lands $120M

Dr. Pimple Popper Goes Too Far For Some Fans With Blackhead Rice Krispie Treats Baking Video!
Entertainment2 months ago

Dr. Pimple Popper Goes Too Far For Some Fans With Blackhead Rice Krispie Treats Baking Video!

Global Savings Group acquires French cashback company iGraal for €123.5M
Start-Ups2 months ago

Global Savings Group acquires French cashback company iGraal for €123.5M

Updated FDA COVID-19 testing guidelines specifically disallow at-home sample collection
Start-Ups2 months ago

Updated FDA COVID-19 testing guidelines specifically disallow at-home sample collection

All Day and a Night Trailer
Entertainment1 month ago

Trailer for 'All Day and a Night' with Jeffrey Wright & Ashton Sanders

Fiat Chrysler to start producing 1 million face masks a month
Tech2 months ago

Fiat Chrysler to start producing 1 million face masks a month

Jennifer Lopez’s High School Sweetheart Dead At 51
Entertainment2 months ago

Jennifer Lopez’s High School Sweetheart Dead At 51

Former Slack exec April Underwood has joined Obvious Ventures as a venture partner
Tech2 months ago

Former Slack exec April Underwood has joined Obvious Ventures as a venture partner

Where top VCs are investing in D2C
Tech2 months ago

Startups Weekly: A new era for consumer tech

The Main Event Trailer
Entertainment2 months ago

Seth Carr Becomes a Wrestler in Fun Trailer for 'The Main Event' Film

Oura partners with UCSF to determine if its smart ring can help detect COVID-19 early
Start-Ups2 months ago

Oura partners with UCSF to determine if its smart ring can help detect COVID-19 early

Kinsa’s fever map could show just how crucial it is to stay home to stop COVID-19 spread
Tech2 months ago

Kinsa’s fever map could show just how crucial it is to stay home to stop COVID-19 spread

Amazon Prime delivery delays are now as long as a month
Tech2 months ago

Amazon Prime delivery delays are now as long as a month

Streaming service fuboTV to merge with virtual entertainment technology company, FaceBank
Tech2 months ago

Streaming service fuboTV to merge with virtual entertainment technology company, FaceBank

The Google and Verily coronavirus websites are off to a rocky start
Tech2 months ago

The Google and Verily coronavirus websites are off to a rocky start

‘Canary in a coal mine’: Seattle marketing tech startup Amplero shuts down, lays off 17 employees
Tech2 months ago

‘Canary in a coal mine’: Seattle marketing tech startup Amplero shuts down, lays off 17 employees

Rocket Lab postpones next mission due to coronavirus pandemic
Tech2 months ago

Rocket Lab postpones next mission due to coronavirus pandemic

Lime’s valuation, variable costs and diverging categories of on-demand companies
Tech2 months ago

Lime’s valuation, variable costs and diverging categories of on-demand companies

After Life
Entertainment2 months ago

What’s New to Stream on Netflix for April 2020, and What’s Leaving

A new FDA-authorized COVID-19 test doesn’t need a lab and can produce results in just 5 minutes
Tech2 months ago

A new FDA-authorized COVID-19 test doesn’t need a lab and can produce results in just 5 minutes

Trending