Microsoft sets commercial cloud goal of $20 billion run rate by 2018

Last week, during Microsoft’s third quarter fiscal 2015 earnings, company execs said Microsoft had hit an annual run rate of $6.3 billion for its commercial cloud.

This week at the company’s annual Financial Analyst Meeting (FAM), CEO Satya Nadella said Microsoft’s goal is to hit a $20 billion run rate for its commercial cloud by 2018.