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Microsoft recently announced they are rolling out three new industry clouds for Finance, Manufacturing, and Nonprofits. These cloud offerings will supplement the two existing Microsoft industry clouds for Healthcare and Retail and help businesses to expand their impact and adapt quickly to change.

Each offering will bring together the breadth of Microsoft solutions along with new capabilities and standards focused on the specific needs and challenges for each industry. This is very exciting for organizations in these industries as it will allow them to advance their digital transformation and deliver value to their customers at record pace. At a time when technology is becoming increasingly complex, this will become key to business resilience and sustainable growth. 

Every industry has unique challenges, requirements, and regulations which is why each industry cloud is tailored to address industry-specific standards.

Microsoft Cloud for Financial Services
The cloud for financial services will help retail banks offer comprehensive services to their customers with the highest security and compliance standards. One of the features that was recently announced is a prebuilt Loan Manager which will enable lenders to close faster with streamlined workflows, increased transparency, and automation. Public preview is scheduled to start on March 31, 2021.

Microsoft Cloud for Manufacturing
The cloud for manufacturing is designed to deliver capabilities that will allow manufacturers to keep up with the new complexities and speed of digital manufacturing. This includes building more agile factories, enabling workforce transformation, creating more resilient supply chains, and advancing digital innovation. Public preview is scheduled for the end of June 2021.

Microsoft Cloud for Nonprofit
The cloud for nonprofit provides a connected platform where volunteers and staff can engage with organizations, deliver innovative solutions and programming, advance social change, and accelerate mission outcomes. Cloud scenarios include constituent engagement, program design and delivery, volunteer management, and fundraising. Public preview is scheduled for the end of June 2021.

Want to learn more?

As a Microsoft Cloud Solution Provider, we are excited for these upcoming changes and the benefits it will bring to our customers in these industries. As more is announced over the coming weeks and months, please know you can always contact us with questions, concerns, and for advice. As your technology partner, you have the support and knowledge of our team with you, every step of the way.

For more information regarding this announcement, click here. Or watch the Microsoft Industry Clouds overview video here.