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 growth corporations 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 how you can purchase it to get probably the most out of their AI and cloud investments.
Figuring out a single vacation spot for choice makers to search 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 industrial market is designed to make it simpler for organizations to find, attempt, buy, and handle their cloud options within the period of AI. By consolidating purchases by way of {the marketplace}, enterprise leaders can believe that accomplice 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 industrial market
Uncover a better strategy 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 prospects are utilizing these capabilities to innovate sooner.
Discover the precise answer with confidence
As Microsoft continues to put money into AI, extra software program growth corporations are constructing modern options on the Microsoft Cloud AI stack and publishing them to the Microsoft industrial market. With triple-digit annualized development in AI and machine studying gives revealed,3 {the marketplace} gives a strong 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 gives fashions as a service (MaaS) to assist construct AI functions sooner 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 way 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 accomplice income by way of {the marketplace}.3 Hundreds of market options are tailor-made to companies in vitality, healthcare, monetary companies, manufacturing, media and leisure, retail, transportation, and different industries.
Try these accomplice options to see how {the marketplace} can help distinctive {industry} wants:
- Vitality—Cognite Knowledge Fusion: Cognite empowers industrial corporations with contextualized, reliable, and accessible knowledge to assist drive the full-scale digital transformation of asset-heavy industries all over the world. Their Knowledge 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 corporations to make higher selections about upkeep, manufacturing, and security.
- Manufacturing—Sight Machine on Azure: Sight Machine’s Manufacturing Knowledge 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 complete 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 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 knowledge fashions for knowledge interoperability throughout functions and platforms. This implies knowledge 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 Accomplice with licensed software program designation. Companions receive this designation for buyer answer areas together with Azure and Safety but additionally 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 obtainable 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 sooner
The Microsoft industrial market extends past a storefront to assist organizations simplify buying to allow them to transfer sooner. In a 2023 Whole Financial Impression™ research 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 techniques. Utilizing {the marketplace} additionally diminished 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 instantly within the market, lowering the executive burden of reviewing paperwork and strolling distributors by way of new processes.
The power to maneuver sooner 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 way of a most well-liked channel accomplice with multiparty non-public gives, or with a Microsoft account group. 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 part onto the Azure bill.
For organizations with a Microsoft Azure Consumption Dedication (MACC), a contract that gives reductions on Azure infrastructure, they will 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 further technical validation from Microsoft and are simply identifiable instantly within the market.
Get began with {the marketplace}
The Microsoft industrial market is accelerating the period of AI by serving to organizations discover and deploy the cloud and AI options they want in a method that simplifies buying, maximizes investments, and unifies knowledge. As organizations throughout industries look to unravel enterprise and know-how wants, {the marketplace} gives entry to a complete catalog of options and makes it simple to purchase with confidence.
Be a part of us at Microsoft Ignite for market periods tailor-made to prospects, software program corporations, and companions to be taught extra about how you can get began and discover success. For these attending in Chicago, market specialists will likely be accessible to reply questions within the Microsoft AI Cloud Accomplice 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 Traits and Predictions in 2024 and Past, July 12, 2024.
3 Microsoft inner knowledge
