As organizations embrace AI transformation, they’re trying to find next-generation functions that ship actual enterprise worth. McKinsey estimates that 67% of organizations will make investments extra in AI over the subsequent three years.1 And software program as a service (SaaS) spend is estimated to hit USD232 billion in 2024, up 18% from the prior yr.2 There was a comparable surge in funding and innovation from hundreds of software program improvement firms constructing with AI know-how and seeking to meet market demand. The proliferation of AI options means it may be difficult for purchasers to know what to purchase and tips on how 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 on the Microsoft Cloud, the Microsoft business market is designed to make it simpler for organizations to find, strive, buy, and handle their cloud options within the period of AI. By consolidating purchases by {the marketplace}, enterprise leaders can believe that companion options run on Azure and are preconfigured to deploy seamlessly. {The marketplace} allows organizations to handle their cloud portfolio in a single place with a centralized view, serving to to extend effectivity.
Microsoft business market
Uncover a neater strategy to discover the options you want
At Microsoft Ignite 2024, consultants will dive additional into how {the marketplace} is remodeling B2B commerce. We’ll additionally share what’s new with {the marketplace} and present how clients are utilizing these capabilities to innovate quicker.
Discover the appropriate resolution with confidence
As Microsoft continues to put money into AI, extra software program improvement firms are constructing modern options on the Microsoft Cloud AI stack and publishing them to the Microsoft business market. With triple-digit annualized development in AI and machine studying presents printed,3 {the marketplace} presents a sturdy catalog that simplifies discovery of AI options equivalent to copilot extensions, Microsoft Groups and Energy BI plug-ins, Energy Automate connectors, packaged SaaS functions, and extra.
{The marketplace} additionally supplies fashions as a service (MaaS) to assist construct AI functions quicker and with the newest know-how. Organizations can discover innovative, ready-to-use fashions 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 {the marketplace} may be deployed immediately in Azure AI Studio.
There are additionally a rising variety of industry-specific options, which in the present day comprise greater than 40% of companion income by {the marketplace}.3 Hundreds of market options are tailor-made to companies in power, healthcare, monetary providers, manufacturing, media and leisure, retail, transportation, and different industries.
Take a look at these companion options to see how {the marketplace} can help distinctive {industry} wants:
- Power—Cognite Information Fusion: Cognite empowers industrial firms with contextualized, reliable, and accessible knowledge to assist drive the full-scale digital transformation of asset-heavy industries all over the world. Their Information Fusion platform, which makes use of generative AI, large knowledge, machine studying, and 3D modeling, contextualizes operational asset knowledge at scale in real-time, enabling firms to make higher selections about upkeep, manufacturing, and security.
- Manufacturing—Sight Machine on Azure: Sight Machine’s Manufacturing Information Platform creates a standard knowledge basis by capturing and contextualizing knowledge from the complete manufacturing facility to ship a systemwide view of the end-to-end manufacturing course of. With systemwide visibility and AI-powered insights, producers can scale optimum effectivity, high quality, and sustainability options throughout whole manufacturing processes, multi-factory websites, and even lengthen the affect to their broader provide and worth chains.
- Retail—Blue Yonder Class Administration: Blue Yonder helps retailers and suppliers to enhance return on stock and area with AI-powered class administration. Automation and knowledge science drive accuracy and enhance efficiencies so organizations can reply to fast adjustments in demand and {industry} adjustments.
Many {industry} options are constructed on the Microsoft Trade Clouds, which assist organizations additional maximize their cloud portfolio. Microsoft Trade Clouds leverage industry-specific widespread knowledge fashions for knowledge interoperability throughout functions and platforms. This implies knowledge can transfer seamlessly within the Azure surroundings and be utilized for any variety of duties like coaching generative AI fashions.
To make it simpler for companies to confidently select confirmed options, Microsoft launched a brand new Options Companion with licensed software program designation. Companions acquire this designation for buyer resolution areas together with Azure and Safety but additionally for Trade AI options throughout monetary providers, healthcare, manufacturing, retail, and sustainability. Designated Trade AI options have a demonstrated observe document of buyer success, align to Microsoft Trade Clouds, and have undergone a technical evaluate to make sure the answer interoperates with Microsoft merchandise and meets industry-specific AI necessities. Whereas “licensed software program” badging is obtainable within the market in the present day, filtering capabilities will quickly be launched to make it simpler for organizations to determine these options.
Simplify buying to save lots of time and transfer quicker
The Microsoft business market extends past a storefront to assist organizations simplify buying to allow them to transfer quicker. In a 2023 Complete Financial Influence™ examine commissioned by Microsoft, Forrester Consulting discovered {the marketplace} improved time financial savings for the funds and finance buying groups by 30%, as these groups leveraged market options equivalent to automated invoicing and billing programs. Utilizing {the marketplace} additionally decreased the time required to onboard new distributors by 75%, which means new know-how options may very well be deployed sooner. Distributors can submit required documentation and entry steering and instruments immediately within the market, lowering the executive burden of reviewing paperwork and strolling distributors by new processes.
The flexibility to maneuver quicker doesn’t imply organizations sacrifice flexibility and financial savings. {The marketplace} helps free trials and proofs-of-concept so groups can consider options to make sure they align with enterprise wants earlier than investing. Licenses may also be turned on and off to evaluate worth prior to creating bigger commitments.
Moreover, {the marketplace} permits organizations to buy options within the ways in which work greatest for them, whether or not that’s self-service on-line, by a most well-liked channel companion with multiparty personal presents, or with a Microsoft account crew. For companies that require or request implementation providers for his or her resolution, skilled providers can now be added to a personal provide, streamlining the shopping for expertise by merging every part onto the Azure bill.
For organizations with a Microsoft Azure Consumption Dedication (MACC), a contract that gives reductions on Azure infrastructure, they’ll depend 100% of eligible market purchases in direction of that dedication, making certain extra worth for his or her funding. Azure benefit-eligible options have undergone extra technical validation from Microsoft and are simply identifiable immediately within the market.
Get began with {the marketplace}
The Microsoft business market is accelerating the period of AI by serving to organizations discover and deploy the cloud and AI options they want in a means that simplifies buying, maximizes investments, and unifies knowledge. As organizations throughout industries look to resolve enterprise and know-how wants, {the marketplace} supplies entry to a complete catalog of options and makes it straightforward to purchase 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 tips on how to get began and discover success. For these attending in Chicago, market consultants will likely be obtainable to reply questions within the Microsoft AI Cloud Companion Program space of the Hub ground all through the week.
- Attend the Ignite session for purchasers (BRK125).
2 Custify, The Way forward for SaaS: High Developments and Predictions in 2024 and Past, July 12, 2024.
3 Microsoft inside knowledge
