Microsoft Corporation (NASDAQ:MSFT) is gearing up its Windows Azure Cloud services for inculcating the Internet of Thins services in the coming future. In a recent public event, Microsoft Corporation (NASDAQ:MSFT)’s CEO Satya Nadella said that by 2019, there will more than 26 billion general purpose computer devices with more than 44 zettabytes of data. This data, according to Microsoft, will need to be sent to the Cloud. This poses a major challenge for the Enterprise and individual users alike. Microsoft Corporation (NASDAQ:MSFT) has announced a new Azure service which would be integrated with Stream Azure and Internet of Thins layer in the Cloud. This new step is to tackle the upcoming Internet of Things players like Intel, IBM and Amazon.com, Inc. (NASDAQ:AMZN).

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Microsoft Corporation (NASDAQ:MSFT) announced a new Azure IoT suite which will let the Cloud players to build SaaS Cloud-based solutions using the Azure stream analytics services with Azure ML. Microsoft Corporation (NASDAQ:MSFT) has not yet succeeded in getting the attention of the major players in the Enterprise, who are sticking to the Cloud behemoth Amazon.com, Inc. (NASDAQ:AMZN) Web Services. But Amazon.com, Inc. (NASDAQ:AMZN) has no solution for the Internet of Thins hardware and software services till yet. In this situation, the latest step by Microsoft Corporation (NASDAQ:MSFT) is a timely move to impress the companies who are figuring out solving the huge data analytics and Cloud problems which were never seen before in the industry.

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Amazon.com, Inc. (NASDAQ:AMZN) will face tough competition from Microsoft and IBM in the Internet of Things and Cloud domain. Microsoft Corporation (NASDAQ:MSFT) new Azure service for IoT combines Power BI and Cloud features.

 As of 30 June 2014, Ken Fisher’s Fisher Asset Management hold around 17.7 million Microsoft Corporation (NASDAQ:MSFT) shares.

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