U.S. Markets closed

Why Microsoft Formed a Strategic Alliance with Walmart

Aaron Hemsworth
Why Microsoft Formed a Strategic Alliance with Walmart

Yesterday, Microsoft (MSFT) formed a strategic partnership with Walmart (WMT). Under the terms of the five-year agreement, the retail giant gets the opportunity to use Microsoft’s Azure cloud, AI, Office 365, and IoT (Internet of Things) to improve its retail performance. Walmart plans to shift many applications to the Azure platform.