Wedbush Securities analyst Dan Ives, who is typically bullish on Microsoft, called the Pentagon's confirmation of its decision a "game changer" for the company, in a note to investors. "JEDI will have a ripple effect for the company's cloud business for years to come and speaks to a new chapter of [Microsoft] winning in the cloud," he wrote.
Townes-Whitley in her emailed responses did say that the coronavirus crisis has accelerated the move to the cloud for governments and regulated-industry companies, which were already adopting private sector technologies and building their own tech capabilities using Microsoft products prior to the pandemic.
ING_news Doesn't she have a name for such a huge $10 billion Fed contract success scored for Microsoft. Why only an exec when it comes to giving credits to colored people?
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