Microsoft's Azure cloud business just showed accelerated growth for the first time in years as it takes on Amazon Web Services

Microsoft's Azure cloud computing business grew faster this quarter than last quarter.It's the first time Azure's quarterly revenue growth rate has increased in years.The increase was a very modest three percentage points, but any increase is significant as industry watchers looks for indications Microsoft is gaining traction in the cloud market over dominant Amazon Web Services.However, Microsoft still does not break out specific revenue figures for Azure.Click here to read more BI Prime stories.For the first time in years, Microsoft's cloud computing business grew faster during the company's most recent quarter than in the quarter before.The company released fiscal second-quarter earnings on Wednesday, reported a 62 percent increase in Azure revenue growth compared to the same quarter last

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