As organizations embrace AI transformation, they’re looking for next-generation functions that ship actual enterprise worth. McKinsey estimates that 67% of organizations will make investments extra in AI over the following 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 growth firms constructing with AI expertise and seeking to meet market demand. The proliferation of AI options means it may be difficult for patrons to know what to purchase and learn how to purchase it to get probably the most out of their AI and cloud investments.
Figuring out a single vacation spot for resolution 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 means of {the marketplace}, enterprise leaders can trust 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 better solution to discover the options you want
At Microsoft Ignite 2024, specialists 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 best answer with confidence
As Microsoft continues to spend money on AI, extra software program growth 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 affords revealed,3 {the marketplace} affords a sturdy catalog that simplifies discovery of AI options reminiscent of 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 expertise. Organizations can discover leading edge, ready-to-use fashions from companions like Cohere, Meta, and Mistral AI, in addition to get the instruments to work with massive language fashions from companions like LangChain, Pinecone, and Unstructured. Fashions bought by means of {the marketplace} might be deployed instantly in Azure AI Studio.
There are additionally a rising variety of industry-specific options, which immediately comprise greater than 40% of companion income by means of {the marketplace}.3 1000’s of market options are tailor-made to companies in power, healthcare, monetary companies, manufacturing, media and leisure, retail, transportation, and different industries.
Take a look at these companion options to see how {the marketplace} can assist distinctive {industry} wants:
- Power—Cognite Information Fusion: Cognite empowers industrial firms with contextualized, reliable, and accessible information 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, massive information, machine studying, and 3D modeling, contextualizes operational asset information 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 information basis by capturing and contextualizing information from all the 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 prolong the impression 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 information science drive accuracy and enhance efficiencies so organizations can reply to speedy modifications in demand and {industry} modifications.
Many {industry} options are constructed on the Microsoft Business Clouds, which assist organizations additional maximize their cloud portfolio. Microsoft Business Clouds leverage industry-specific frequent information fashions for information interoperability throughout functions and platforms. This implies information can transfer seamlessly within the Azure atmosphere 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 Associate with licensed software program designation. Companions get hold of this designation for buyer answer areas together with Azure and Safety but in addition for Business AI options throughout monetary companies, healthcare, manufacturing, retail, and sustainability. Designated Business AI options have a demonstrated observe file of buyer success, align to Microsoft Business Clouds, and have undergone a technical evaluation to make sure the answer interoperates with Microsoft merchandise and meets industry-specific AI necessities. Whereas “licensed software program” badging is on the market within the market immediately, filtering capabilities will quickly be launched to make it simpler for organizations to determine these options.
Simplify buying to avoid wasting 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 Affect™ 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 reminiscent of automated invoicing and billing methods. Utilizing {the marketplace} additionally lowered the time required to onboard new distributors by 75%, that means new expertise options could possibly be deployed sooner. Distributors can submit required documentation and entry steerage and instruments instantly within the market, lowering the executive burden of reviewing paperwork and strolling distributors by means of new processes.
The power 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 can 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 means of a most well-liked channel companion with multiparty non-public affords, or with a Microsoft account staff. For companies that require or request implementation companies for his or her answer, skilled companies can now be added to a personal supply, streamlining the shopping for expertise by merging every thing onto the Azure bill.
For organizations with a Microsoft Azure Consumption Dedication (MACC), a contract that gives reductions on Azure infrastructure, they will rely 100% of eligible market purchases in the 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 instantly 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 information. As organizations throughout industries look to unravel enterprise and expertise 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 classes tailor-made to clients, software program firms, and companions to be taught extra about learn how to get began and discover success. For these attending in Chicago, market specialists can be accessible to reply questions within the Microsoft AI Cloud Associate Program space of the Hub flooring all through the week.
- Attend the Ignite session for patrons (BRK125).
2 Custify, The Way forward for SaaS: Prime Tendencies and Predictions in 2024 and Past, July 12, 2024.
3 Microsoft inside information
