The details on timeline and costing of the consumer offering were not disclosed by the CEO of Microsoft
Reportedly, Microsoft is working on a new bundle of software for consumers, following the launch of its Microsoft 365 package for workers. The CEO, Satya Nadella gave a nod at it in a recent meeting with journalists at company headquarters.
At the event, Nadella informed that the company has a solution in the pipeline for consumers and the new software package is part of that. According to reports, he Said, “It’s very fair to say, as I said in the very beginning, that we started after all on the consumer side and then over-indexed to the IT side, and we definitely are very focused on bringing that back,” Nadella pointed to Microsoft’s collection of Surface devices as an example. Further, he added, “Surface is doing well because ultimately people do have a special connection with the device they use.”
Microsoft also has an advertising business, which addresses consumers, partly in the Bing search engine. Nadella informed that they have all kinds of strategic flexibility to do things that would perhaps be more amenable to both the end users as well as the advertisers and publishers, so he said that they expect to do things even in that space.
Notably, the CEO also hinted at the potential of a Microsoft 365 collection of products for consumers, although he didn’t comment on what it might include when it will become available and how much people will have to pay for it. “So I would say Surface is a brand, what we are doing with Office 365 or what we will soon be talking about as Microsoft 365 consumer subscriptions, those would be again completely consumer businesses,” Nadella quoted.
About the M12’s investment in India
Microsoft’s corporate venture fund has recently announced India investment in digital health platform, Innovaccer. According to reports, it would extend its investing coverage to India to help entrepreneurs innovate and grow with Microsoft’s reach, expertise, and technologies.
Nagraj Kashyap, Global head of M12 and Corporate Vice President, Microsoft, said, “We are thrilled to broaden M12’s reach to include India.” He added, “India is a market rich with entrepreneurs creating world-class startups that are poised for success on a global scale. In working with these innovative startups, we believe together we will help disrupt enterprises and industries ripe for digital transformation.”