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Microsoft cloud leader Scott Guthrie says companies aren’t holding off on cloud spending as inflation mounts



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Despite an uncertain economy with looming fears of a recession, Microsoft’s top cloud executive Scott Guthrie has not seen organizations slow their efforts to move software programs to the cloud in the past few months.His remarks suggest demand remains strong for cloud computing services that a handful of large technology companies provide to governments, schools, and businesses.Slower consumer spending is sparking fears that a recession may be on the way. In July and August, retailers such as Dollar Tree and Walmart lowered their profit estimates to reflect consumers becoming more careful with their money because of higher prices for food, gas and other products.Businesses are slowing spending on some types of software in anticipation.Cloud software makers UiPath and Veeva have called for lower revenue in the quarters ahead because of a strengthening U.S. dollar and challenging economic conditions. Budget discussions are taking longer, and top executives are getting roped into conversations about deals, Rob Enslin, a co-CEO of UiPath, told analysts on a conference call last month.But Guthrie said that doesn’t seem to be the case with Azure, Microsoft’s cloud infrastructure service.”I’ve not seen the current situation cause people to pause cloud,” said Guthrie, executive vice president of Microsoft’s cloud and artific …

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