May 4, 2015

On pace to earn $6.3 billion in annualized subscription revenue this year, Microsoft’s migration to cloud-based software subscriptions is proving successful, said CFO.com last week. Like other companies, this newer revenue stream is a departure from a time when users purchased one-time licenses for a particular version of software like Microsoft Office and Azure. Instead of purchasing CDs for a one-time licensing fee, users of Microsoft products download the software for a monthly subscription fee, which…