As organizations embrace AI transformation, they’re in search of next-generation purposes that ship actual enterprise worth. McKinsey estimates that 67% of organizations will make investments extra in AI over the subsequent three years.1 And spending on software program as a service (SaaS) is estimated to achieve $232 billion in 2024, up 18% from the earlier 12 months.2 There was a comparable improve in funding and innovation by 1000’s of software program growth firms constructing with AI expertise and in search of to fulfill market demand. The proliferation of AI options means it may be troublesome for patrons to know what to purchase and the best way to purchase it to get probably the most out of their AI and cloud investments.
Figuring out a single vacation spot for choice makers to seek out validated options for his or her group, {industry} or perform is a game-changer for them. With a complete set of options vetted by Microsoft and able to deploy within the Microsoft cloud, the Microsoft Industrial Market is designed to make it simpler for organizations to find, take a look at, buy and handle their cloud options within the age of AI. By consolidating purchases throughout {the marketplace}, enterprise leaders can have faith that associate options run on Azure and are pre-configured to deploy seamlessly. {The marketplace} permits organizations to handle their cloud portfolio in a single place with a centralized view, serving to to extend effectivity.
Microsoft Industrial Market
Uncover a better approach to discover the options you want
In Microsoft lights up 2024specialists will delve into how the market is remodeling B2B commerce. We’ll additionally share market information and present how clients are utilizing these capabilities to innovate quicker.
Discover the correct answer with confidence
As Microsoft continues to put money into AI, extra software program growth firms are creating revolutionary options on the Microsoft cloud AI stack and publishing them on the Microsoft industrial market. With triple-digit annualized progress in revealed AI and machine studying choices,3 {The marketplace} provides a sturdy catalog that simplifies the invention of AI options, comparable to Copilot extensions, Microsoft Groups and Energy BI add-ons, Energy Automate connectors, packaged SaaS purposes, and extra.
{The marketplace} additionally provides fashions as a service (MaaS) to assist construct AI purposes quicker and with the newest expertise. Organizations can discover cutting-edge fashions prepared to make use of from companions like Cohere, Meta, and Mistral AI, in addition to get the instruments to work with giant language fashions from companions like LangChain, Pinecone, and Unstructured. Fashions bought by way of the market might be carried out straight in Azure AI Studio.
There are additionally a rising variety of industry-specific options, which right now account for greater than 40% of associate revenues throughout {the marketplace}.3 Hundreds of market options are designed for firms in power, healthcare, monetary companies, manufacturing, media and leisure, retail, transportation and different industries.
Try these associate options to see how {the marketplace} can help the {industry}’s distinctive wants:
- Power-Cognite Knowledge Fusion: Cognite offers industrial firms with contextualized, dependable and accessible information to assist drive large-scale digital transformation of asset-intensive industries world wide. Its Knowledge Fusion platform, which makes use of generative AI, large information, machine studying and 3D modeling, contextualizes operational asset information at scale in actual time, enabling firms to make higher upkeep, manufacturing and security choices.
- Manufacturing-Machine imaginative and prescient in Azure: Sight Machine’s manufacturing information platform creates a standard database by capturing and contextualizing information from throughout the manufacturing unit to ship a system-wide view of the end-to-end manufacturing course of. With system-wide visibility and AI-powered insights, producers can scale optimum effectivity, high quality and sustainability options throughout total manufacturing processes, multi-factory websites, and even prolong the affect to their broader provide and worth chains. .
- Retail-Blue Yonder Class Administration: Blue Yonder helps retailers and suppliers enhance stock and house returns with AI-powered class administration. Automation and information science drive accuracy and enhance effectivity so organizations can reply to speedy shifts in demand and {industry} shifts.
Many industrial options are based mostly on Microsoft Industrial Cloudsthat assist organizations additional maximize their cloud portfolio. Microsoft Business Clouds leverage widespread industry-specific information fashions for information interoperability between purposes and platforms. Because of this information can transfer seamlessly throughout the Azure atmosphere and be used for any variety of duties, comparable to coaching generative AI fashions.
To make it simpler for companies to confidently select confirmed options, Microsoft launched a brand new Options Associate with Licensed Software program Designation. Companions earn this designation for buyer answer areas, together with Azure and Safety, but additionally for industrial AI options in monetary companies, healthcare, manufacturing, retail, and sustainability. Designated {industry} AI options have a demonstrated monitor file of buyer success, align with Microsoft Business Clouds, and have undergone technical evaluation to make sure the answer interoperates with Microsoft merchandise and meets particular AI necessities of the {industry}. Whereas “licensed software program” credentials can be found available on the market right now, filtering capabilities will quickly be launched to make it simpler for organizations to determine these options.
Simplify purchases to save lots of time and transfer quicker
Microsoft’s industrial market extends past a retailer to assist organizations simplify buying to allow them to transfer quicker. in a Complete Financial Impression Examine™ 2023 Commissioned by Microsoft, Forrester Consulting discovered that {the marketplace} improved time financial savings for monetary buying and funds groups by 30% as these groups took benefit of market options comparable to invoicing and automatic programs. Utilizing {the marketplace} additionally lowered the time wanted to onboard new suppliers by 75%, that means new expertise options might be carried out sooner. Suppliers can submit required documentation and entry steerage and instruments straight within the market, lowering the executive burden of reviewing documentation and guiding suppliers by way of new processes.
The flexibility to maneuver quicker doesn’t imply that organizations sacrifice flexibility and financial savings. {The marketplace} helps free trials and proofs of idea so groups can consider options and guarantee they align with enterprise wants earlier than investing. Licenses will also be activated and deactivated to evaluate worth earlier than making bigger commitments.
Moreover, {the marketplace} permits organizations to buy options in the best way that works finest for them, whether or not self-service on-line, by way of a most well-liked channel associate with non-public multi-party providesor with a Microsoft account crew. For companies that require or request implementation companies for his or her answer, skilled companies can now be added to a non-public providing, streamlining the buying expertise by merging all the things into one Azure bill.
For organizations with a Microsoft Azure Consumption Dedication (MACC), a contract that gives reductions on Azure infrastructure, can depend 100% of eligible market purchases towards that dedication, guaranteeing extra worth to your funding. Options eligible for Azure advantages have undergone extra technical validation from Microsoft and are simply identifiable. straight available on the market.
Begin with the market
Microsoft’s industrial market is accelerating the AI period by serving to organizations discover and deploy the AI and cloud options they want in a method that simplifies buying, maximizes investments, and unifies information. As organizations throughout industries search to unravel their enterprise and expertise wants, {the marketplace} offers entry to a complete catalog of options and makes it simple to buy with confidence.
Be part of us at Microsoft Ignite for market periods tailor-made to clients, software program firms, and companions to be taught extra about the best way to get began and succeed. For these attending in Chicago, market specialists might be obtainable to reply questions within the Microsoft AI Cloud Associate Program space on the Hub flooring all through the week.
- Attend the Ignite Buyer Session (BRK125).
2 Custify, The Way forward for SaaS: Prime Tendencies and Predictions in 2024 and Past, July 12, 2024.
3 Microsoft inside information
