Amazon likely to become Microsoft's client in a $1-billion deal: Report

Microsoft-Amazon: In a landmark $1 billion deal, Microsoft is set to welcome Amazon.com as a significant client. Microsoft will be giving cloud-based 365 productivity suit to Amazon, reported Business Insider.

$1 billion Deal

As per the report, Amazon has committed a hefty sum for a time frame extending beyond five years and that the firm intends to acquire more than a million licences for Microsoft 365. Amazon which is using a local, on-site version of Microsoft Office products is planning to integrate these new systems in early November.

This also coincides with Microsoft's release of an upgraded 365 suite with new AI capabilities. As per the report the full shift for Amazon's personnel is scheduled for early 2024. As implementing such a big deal necessitates substantial planning and allocation of cloud resources, the publication that teams within Microsoft's Office and security groups are already ramping up operations to meet the rise in demand.

Earlier, Amazon refused to get the clod version of Microsoft's 365 offerings, citing apprehension about storing data on a competitor's cloud platform, reported Business Insider.