As organizations embrace AI transformation, they’re looking for next-generation purposes 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 12 months.2 There was a comparable surge in funding and innovation from 1000’s of software program improvement corporations constructing with AI expertise and trying to meet market demand. The proliferation of AI options means it may be difficult for patrons to know what to purchase and the way to purchase it to get essentially the most out of their AI and cloud investments.
Figuring out a single vacation spot for choice 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 commercial marketplace 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 via {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, consultants 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 suitable answer with confidence
As Microsoft continues to put money into AI, extra software program improvement corporations are constructing progressive 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 provides revealed,3 {the marketplace} provides a sturdy catalog that simplifies discovery of AI options comparable to copilot extensions, Microsoft Groups and Energy BI plug-ins, Energy Automate connectors, packaged SaaS purposes, and extra.
{The marketplace} additionally gives fashions as a service (MaaS) to assist construct AI purposes sooner and with the newest expertise. 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 massive language fashions from companions like LangChain, Pinecone, and Unstructured. Fashions bought via {the marketplace} will be deployed straight in Azure AI Studio.
There are additionally a rising variety of industry-specific options, which immediately comprise greater than 40% of companion income via {the marketplace}.3 1000’s of market options are tailor-made to companies in power, healthcare, monetary providers, manufacturing, media and leisure, retail, transportation, and different industries.
Try these companion options to see how {the marketplace} can assist distinctive {industry} wants:
- Vitality—Cognite Data Fusion: Cognite empowers industrial corporations with contextualized, reliable, and accessible knowledge to assist drive the full-scale digital transformation of asset-heavy industries around the globe. Their Information 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 choices about upkeep, manufacturing, and security.
- Manufacturing—Sight Machine on Azure: Sight Machine’s Manufacturing Information Platform creates a typical knowledge basis by capturing and contextualizing knowledge from the whole manufacturing unit 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 prolong the impression to their broader provide and worth chains.
- Retail—Blue Yonder Category Management: 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 fast modifications in demand and {industry} modifications.
Many {industry} options are constructed on the Microsoft Industry Clouds, which assist organizations additional maximize their cloud portfolio. Microsoft Trade Clouds leverage industry-specific frequent knowledge fashions for knowledge interoperability throughout purposes 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 Solutions Partner with certified software designation. Companions receive this designation for buyer answer areas together with Azure and Safety but additionally for Trade AI options throughout monetary providers, healthcare, manufacturing, retail, and sustainability. Designated Trade AI options have a demonstrated observe document of buyer success, align to Microsoft Trade Clouds, and have undergone a technical assessment to make sure the answer interoperates with Microsoft merchandise and meets industry-specific AI necessities. Whereas “licensed software program” badging is accessible within the market immediately, filtering capabilities will quickly be launched to make it simpler for organizations to establish these options.
Simplify buying to save lots of time and transfer sooner
The Microsoft business market extends past a storefront to assist organizations simplify buying to allow them to transfer sooner. In a 2023 Total Economic Impact™ study 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 comparable to automated invoicing and billing methods. Utilizing {the marketplace} additionally decreased the time required to onboard new distributors by 75%, which means new expertise options could possibly be deployed sooner. Distributors can submit required documentation and entry steerage and instruments straight within the market, lowering the executive burden of reviewing paperwork and strolling distributors via new processes.
The flexibility 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 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, via a most well-liked channel companion with multiparty private offers, or with a Microsoft account crew. For companies that require or request implementation providers for his or her answer, skilled providers can now be added to a personal supply, streamlining the shopping for expertise by merging all the things onto the Azure bill.
For organizations with a Microsoft Azure Consumption Commitment (MACC), a contract that gives reductions on Azure infrastructure, they’ll 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 extra technical validation from Microsoft and are simply identifiable directly in the marketplace.
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 approach that simplifies buying, maximizes investments, and unifies knowledge. As organizations throughout industries look to unravel enterprise and expertise 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 study extra about the way to get began and discover success. For these attending in Chicago, market consultants shall be accessible to reply questions within the Microsoft AI Cloud Associate Program space of the Hub ground all through the week.
- Attend the Ignite session for patrons (BRK125).
2 Custify, The Future of SaaS: Top Trends and Predictions in 2024 and Beyond, July 12, 2024.
3 Microsoft inner knowledge