Australian companies spent record amounts on cloud services and infrastructure last year. Corporate analysts and executives expect this trend to continue, but they are keeping an eye on the portion of spending being allocated to vertical or industry clouds, which are widely expected to be one of the biggest technology trends in 2022.
Industry clouds are more than just repackaged sets of cloud services – they are specifically designed to meet an industry’s needs and accommodate industry-specific workflows general-purpose cloud solutions are unable to. For instance, industry clouds for the financial services industry and healthcare industries would have tools and services for data security and protection, both of which are one of the top concerns for highly regulated industries.
Recognising the need for tailored cloud solutions, tech companies such as Microsoft have been designing and deploying vertical cloud solutions. Last year, Microsoft rolled out vertical cloud solutions for the manufacturing, financial services and not-for-profit (NFP) sectors to add to its lineup of industry clouds, which already included solutions for the healthcare and retail sectors.
The Microsoft industry clouds bring together capabilities from Microsoft Azure, Dynamics 365, Power Platform and Office 365 to address industry-specific scenarios. Here is an overview of Microsoft Cloud features and capabilities specifically optimised for the healthcare, financial services and not-for-profit sectors: