# Who are Microsoft's customers? Who does Microsoft earn revenue from?
Canonical: https://valuechain.wiki/microsoft · Facet: customers · Updated: 2026-10-10T02:41:15.840069+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Microsoft's confirmed revenue counterparties include Fiserv, OpenAI, Take-Two Interactive Software, Inc. plus 25 undisclosed/aggregate relationships. Per the valuechain.wiki graph: 28 revenue edges, backed by 39 dated sources, 5 of them primary filings (as of 2026-10-10).

### 기업·소비자 (Azure·M365·Windows) (high)
- metric: Revenue $331.8B · FY2026 · 10-K annual total revenue
- note: Sells Azure, Microsoft 365 and Windows to enterprises and consumers. FY2026 revenue rose 18% to $331.8B.
- [confirms] U.S. Securities and Exchange Commission (EN, filing, published 2026-07-29) https://www.sec.gov/Archives/edgar/data/789019/000119312526323660/msft-20260630.htm: "FY2026 total revenue was $331.839 billion."
- [confirms] SEC / Microsoft (EN, filing, published 2025-07-30) https://www.sec.gov/Archives/edgar/data/789019/000095017025100235/msft-20250630.htm: "FY2025 total revenue $281.7B: Intelligent Cloud $106.3B, Productivity and Business Processes $120.8B, More Personal Computing $54.6B."

### 파이서브 (high)  → /fiserv.md
- metric: Count 8,000 software_engineers · as of 2026-01-08 · Fiserv software engineers with GitHub Copilot deployed
- note: Microsoft provides the Microsoft 365 Copilot that Fiserv is deploying across the company and the Azure-powered Microsoft Foundry whose use it is expanding, with these software and AI infrastructure services directly supporting Fiserv's internal productivity and product development.
- [confirms] Fiserv (EN, ir, published 2026-01-08) https://investors.fiserv.com/news-releases/news-release-details/fiserv-collaborates-microsoft-accelerate-ai-driven-innovation: "GitHub Copilot has been deployed to more than 8,000 software engineers across Fiserv."

### BlackRock (high)  → /blackrock.md
- metric:  100$B · AIP total investment potential
- note: Microsoft is an AIP co-founding partner, co-investing with BlackRock/GIP and MGX in AI data centers and power infrastructure.
- [confirms] Microsoft (EN, ir, published 2024-09-17) https://news.microsoft.com/source/2024/09/17/blackrock-global-infrastructure-partners-microsoft-and-mgx-launch-new-ai-partnership-to-invest-in-data-centers-and-supporting-power-infrastructure/: "$100 billion investment potential will enhance American competitiveness in AI while meeting the growing need for energy infrastructure."

### OpenAI (high)  → /openai.md
- note: Supplies Azure to OpenAI ($250B commitment) plus equity stake.
- [confirms] Wikipedia (KO, news, published 2026-01-01) https://ko.wikipedia.org/wiki/OpenAI: "Supplies Azure to OpenAI ($250B commitment) plus equity stake."
- [confirms] CNBC (EN, news, published 2025-09-22) https://www.cnbc.com/2025/09/22/nvidia-openai-data-center.html: "Supplies Azure to OpenAI ($250B commitment) plus equity stake."
- [confirms] Microsoft Azure (EN, ir, published 2023-11-15) https://azure.microsoft.com/en-us/blog/azure-maia-for-the-era-of-ai-from-silicon-to-software-to-systems/: "Microsoft says Maia was designed for workloads such as Azure OpenAI Service, developed in collaboration with OpenAI."

### 테이크투 인터랙티브 (high)  → /take-two-interactive.md
- note: Microsoft receives royalties from Take-Two under Xbox publisher agreements based on units manufactured or digitally downloaded content revenue, and the specific amount paid was not disclosed.
- [confirms] SEC EDGAR (EN, filing, published 2026-05-22) https://www.sec.gov/Archives/edgar/data/946581/000162828026037434/ttwo-20260331.htm: "royalty payments to Microsoft"

### 로퍼 테크놀로지스 (high)  → /roper-technologies.md
- note: Microsoft provides the Microsoft Azure services that Roper relies on to host certain enterprise and customer systems, while spending by provider was not disclosed.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-24) https://www.sec.gov/Archives/edgar/data/882835/000088283526000009/rop-20251231.htm: "We rely on business partners such as third-party data centers and cloud platforms, such as Microsoft Azure."

### 켄뷰 (high)  → /kenvue.md
- note: Microsoft is supporting Kenvue's expanded use of Microsoft Azure through a five-year collaboration covering analytics and AI across commercial, operational, and supply-chain workflows, while the contract value is not disclosed.
- [confirms] Kenvue Investor Relations (EN, ir, published 2025-04-16) https://investors.kenvue.com/financial-news/news-details/2025/Kenvue-Announces-5-Year-Collaboration-with-Microsoft-to-Transform-Digital-Operations/default.aspx: "Over the next five years, Kenvue will scale its use of Microsoft Azure."

### 크래프트 하인즈 (high)  → /kraft-heinz.md
- note: Microsoft entered a multiyear agreement under which Kraft Heinz selected Azure as its preferred cloud platform for most global datacenter assets and SAP on Azure, providing technology for supply-chain control, factory digital twins, and analytics.
- [confirms] Microsoft (EN, news, published 2022-04-21) https://news.microsoft.com/source/2022/04/21/kraft-heinz-and-microsoft-join-forces-to-accelerate-supply-chain-innovation-as-part-of-broader-digital-transformation/: "With Microsoft Azure as its preferred cloud platform, Kraft Heinz will migrate the majority of its global datacenter assets to Azure."

### 베랄토 (high)  → /veralto.md
- note: Microsoft provides the Azure environments that Veralto's global IT organization designs, deploys, and operates across multiple subscriptions and a multi-tenant architecture, while cloud infrastructure spend was not disclosed.
- [confirms] Veralto Careers (EN, ir, published 2026-09-20) https://veralto.wd1.myworkdayjobs.com/VeraltoCorporateJobs/job/GBR---Remote/Systems-Engineer_R10266002: "Design, deploy, and operate Microsoft Azure environments, including management of multiple subscriptions."

### 랄프 로렌 (high)  → /ralph-lauren.md
- note: Microsoft worked with Ralph Lauren to develop Ask Ralph, a conversational shopping feature powered by Azure OpenAI, and both companies confirm the platform and development relationship, while counterparty-specific spend is not disclosed.
- [confirms] Microsoft (EN, ir, published 2025-09-09) https://www.microsoft.com/en/customers/story/25195-ralph-lauren-azure-openai: "Ralph Lauren worked with Microsoft to develop Ask Ralph, an AI-powered conversational styling companion."
- [confirms] Ralph Lauren Corporation (EN, ir, published 2025-09-09) https://corporate.ralphlauren.com/pr_250909_AskRalph.html: "Ask Ralph was developed with Microsoft on its Azure OpenAI platform."

### 액센츄어 (mid)  → /accenture.md
- metric: Count 743,000 employees · 2026년 공개 전사 배포 계획 · Accenture workforce covered by the Microsoft 365 Copilot rollout
- note: Microsoft supplies the Microsoft 365 and Copilot technology used across Accenture's internal operations. A 2026 account put the enterprise rollout at about 743,000 people, but the contract value was not disclosed.
- [confirms] Microsoft Source (EN, news, published 2026-04-27) https://news.microsoft.com/source/features/digital-transformation/accenture-is-rolling-out-copilot-to-a-workforce-the-size-of-denver/: "The firm is rolling out Copilot across its workforce to around 743,000 people."

### ServiceNow (mid)  → /servicenow.md
- note: Azure cloud for ServiceNow workloads.
- [confirms] Futurum (EN, research, published 2026-01-29) https://futurumgroup.com/insights/servicenow-q4-fy-2025-earnings-highlight-ai-platform-momentum/: "Azure cloud for ServiceNow workloads."

### Walmart Inc (mid)  → /walmart.md
- note: Microsoft earns revenue supplying Walmart with Azure cloud and Azure OpenAI.
- [confirms] Microsoft (Official Blog) (EN, news, published 2024-01-09) https://blogs.microsoft.com/blog/2024/01/09/walmart-unveils-new-generative-ai-powered-capabilities-for-shoppers-and-associates/: "Walmart runs generative AI on Azure and Azure OpenAI with Microsoft as a preferred cloud provider."

### Starbucks Corp (mid)  → /starbucks.md
- note: Microsoft earns revenue supplying the Azure cloud and machine learning that run Starbucks' Deep Brew AI.
- [confirms] Microsoft (Source) (EN, news, published 2020-01-06) https://news.microsoft.com/source/features/digital-transformation/starbucks-turns-to-technology-to-brew-up-a-more-personal-connection-with-its-customers/: "Starbucks' personalized recommendations run on a platform hosted in Microsoft Azure."

### Costco Wholesale (mid)  → /costco.md
- note: Costco runs its core IT on Microsoft Azure, making it a Microsoft cloud customer.
- [confirms] Constellation Research (EN, research, published 2025-12-15) https://www.constellationr.com/insights/news/costco-approaching-ai-very-costco-way: "Costco's IT architecture is built on Microsoft Azure."

### 존슨 컨트롤스 (Azure — OpenBlue) (mid)  → /johnson-controls.md
- note: JCI's smart-building platform OpenBlue runs on Azure — for Microsoft, Azure demand carrying building/industrial IoT and generative-AI workloads, and an industrial reference case.
- [confirms] Memoori (EN, analysis, published 2026-01-15) https://memoori.com/johnson-controls-ai-strategy-smart-buildings/: "OpenBlue is built on a Microsoft Azure co-development partnership."

### 파커하니핀 (mid)  → /parker-hannifin.md
- note: Microsoft provides Azure Databricks and Power BI to Parker Aerospace, which has deployed them internally to process aircraft component data. The service spend is not disclosed.
- [confirms] Microsoft (EN, news, published 2024-06-25) https://www.microsoft.com/en/customers/story/1783210028552036733-parker-azure-databricks-discrete-manufacturing-en-united-states: "The company adopted Azure Databricks, reducing processing time from 14 hours to two."

### 스트라이커 (mid)  → /stryker.md
- note: Microsoft supplies the integrated technology Stryker uses for medical-device data and Smart Equipment Management. Stryker's spending is not disclosed.
- [confirms] Stryker (EN, ir, published 2019-08-05) https://www.stryker.com/us/en/about/news/features/smart-devices-deliver-actionable-insights.html: "Now, we’re expanding our use of integrated Microsoft technologies and sharing metrics with you, starting with Smart Equipment Management."

### 어도비 (mid)  → /adobe.md
- note: Microsoft provides the Azure platform where Adobe hosts Acrobat Sign and the Azure OpenAI Service used for Acrobat AI Assistant, and Adobe's SEC filing confirms the importance of third-party hosting purchases but does not disclose amounts by vendor.
- [confirms] Adobe Trust Center (EN, ir, published 2026-02-12) https://www.adobe.com/trust/document-cloud-hosting-locations.html: "Acrobat Sign is hosted on Amazon Web Services and Microsoft Azure servers in continuously active Availability Zone data center configurations."
- [mentions] SEC EDGAR (EN, filing, published 2026-01-15) https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/adbe-20251128.htm: "Purchase obligations primarily relate to contracts with vendors for third-party hosting and data center services."

### 3M (mid)  → /3m.md
- note: Microsoft provides the AI and digital platforms that 3M is adopting across customer service, finance, sales, and marketing, but platform fees and service contract value were not disclosed.
- [confirms] Electronic Times (KO, news, published 2026-07-16) https://www.etnews.com/20260716000008: "3M will adopt Microsoft's AI and digital platforms in customer service, finance, sales, marketing, and other key functions."
- [confirms] 3M Investor Relations (EN, ir, published 2026-07-15) https://investors.3m.com/news-events/press-releases/detail/1937/3m-and-microsoft-announce-strategic-partnership-to-advance: "3M will use Microsoft's AI and digital platforms as part of its enterprise transformation across key business functions."

### 일리노이 툴 웍스 (mid)  → /illinois-tool-works.md
- note: Microsoft provides Dynamics 365 and Power Platform to ITW subsidiary Avery Weigh-Tronix for service operations and customer management, while software and implementation costs were not disclosed.
- [confirms] Microsoft Customer Stories (EN, ir, published 2025-07-01) https://www.microsoft.com/en/customers/story/24635-avery-weigh-tronix-dynamics-365-business-central: "Avery Weigh-Tronix, a subsidiary of Illinois Tool Works, used Microsoft Dynamics 365 to merge product data, service tracking, and customer relationship management data."

### 보스턴 사이언티픽 (mid)  → /boston-scientific.md
- note: Microsoft is a provider on which Boston Scientific's corporate infrastructure relies heavily according to TechCrunch's reporting based on public internet records, although contract value by service was not disclosed.
- [mentions] TechCrunch (EN, news, published 2026-08-26) https://techcrunch.com/2026/08/26/medical-device-maker-boston-scientific-says-a-cyberattack-is-causing-a-global-disruption-to-its-operations/: "Boston Scientific relies largely on Microsoft for its corporate infrastructure."

### 오토데스크 (mid)  → /autodesk.md
- note: Microsoft is identified in Autodesk's July 2026 general subprocessor list as a cloud service provider embedded in Autodesk offerings and also provides Azure OpenAI Service and GPT-image-1 for generative AI features in Fusion, but Autodesk does not disclose Microsoft-specific spending.
- [confirms] Autodesk (EN, ir, published 2026-07-01) https://damassets.autodesk.net/content/dam/autodesk/www/pdfs/Subprocessor-list.pdf: "Microsoft Corporation Cloud Service Provider."
- [confirms] Autodesk News (EN, news, published 2025-09-16) https://adsknews.autodesk.com/en/news/new-investments-in-fusion-bring-ai-powered-transformation-to-manufacturing/: "Tapping into Microsoft’s AI services like Azure OpenAI Service and models such as GPT-image-1"

### 로크웰 오토메이션 (mid)  → /rockwell-automation.md
- note: Microsoft provides the Azure managed services on which Rockwell develops and operates FactoryTalk Hub and Design Studio, while Rockwell's cloud-infrastructure spending with Microsoft was not disclosed.
- [confirms] Microsoft (EN, ir, published 2023-10-02) https://www.microsoft.com/en/customers/story/1687814927656339280-rockwell-automation-azure-discrete-manufacturing-usa: "FactoryTalk Hub ... was developed using Visual Studio Code and runs on Azure."
- [confirms] Frost & Sullivan (EN, research, published 2022-10-25) https://literature.rockwellautomation.com/idc/groups/literature/documents/wp/cie-wp017_-en-p.pdf: "the Plex platform is available on Microsoft Azure"

### 액손 엔터프라이즈 (mid)  → /axon-enterprise.md
- note: Microsoft provides Microsoft Azure to Axon as one of the primary public-cloud providers supporting Axon Cloud, while Axon does not disclose provider-specific spending or contract terms.
- [confirms] Axon (EN, ir, published 2026-06-02) https://www.axon.com/blog/axon-cloud-in-2026: "primary cloud providers ... Microsoft Azure and Amazon AWS"

### 오티스 월드와이드 (mid)  → /otis-worldwide.md
- note: Microsoft provides Azure, where Otis Worldwide runs its cloud-native Otis ONE platform, along with related software services, and the amount Otis pays is undisclosed.
- [confirms] ITWorld Korea (KO, news, published 2022-06-24) https://www.itworld.co.kr/article/3556447/%EC%97%98%EB%A6%AC%EB%B2%A0%EC%9D%B4%ED%84%B0%EA%B0%80-%EB%8B%AC%EB%9D%BC%EC%A1%8C%EC%96%B4%EC%9A%94-%EC%98%A4%ED%8B%B0%EC%8A%A4-ai%EC%99%80-%EC%84%BC%EC%84%9C%EB%A1%9C-%EB%94%94.html: "The Otis ONE cloud-native platform is built on Microsoft Azure."
- [confirms] CIO (EN, news, published 2022-06-20) https://www.cio.com/article/401381/otis-takes-the-smart-elevator-to-new-heights.html: "Otis ONE’s cloud-native platform is built on Microsoft Azure and taps into a Snowflake data lake."
- [confirms] Harvard Business School Digital Initiative (EN, analysis, published 2016-11-16) https://d3.harvard.edu/platform-rctom/submission/otis-from-mechanical-to-digital-innovation/: "Otis, in tying up with Microsoft and AT&T, has installed Remote Elevator Monitoring in 300,000 of its 2 million elevators."

### 코그니전트 (mid)  → /cognizant.md
- note: Microsoft provides Azure AI, Microsoft 365 Copilot, and Teams for Cognizant's internal project management and workflows, while the commercial scale and spending are undisclosed.
- [confirms] Microsoft Source Asia (EN, news, published 2026-09-09) https://news.microsoft.com/source/asia/features/how-microsoft-ai-is-helping-cognizant-scale-delivery-excellence-across-10000-projects/: "Using Microsoft AI Foundry, Azure AI services and Microsoft 365 Copilot, Cognizant is reimagining how those leaders work."
- [confirms] Microsoft Customer Stories (EN, news, published 2024-02-12) https://www.microsoft.com/en/customers/story/1719466218077596326-cognizant-azureai-software-en-india: "chose to deploy the AI-based performance-management enhancement using Azure Machine Learning Service."

### 도버 (mid)  → /dover.md
- note: Microsoft provides Azure as the platform on which Dover Fueling Solutions develops and operates cloud and IoT solutions for fuel retailers, but spending on Azure usage and joint support was not disclosed.
- [confirms] Dover Corporation (EN, ir, published 2019-07-25) https://www.dovercorporation.com/china/in-the-news/post/2019/07/25/dover-fueling-solutions-and-microsoft-collaborate-to-provide-azure-based-edge-to-cloud-iot-solutions: "Microsoft and DFS will collaborate to develop, deploy, promote and support DFS Azure based solutions including the Wayne iSense Remote Monitoring ... solution."

### Snowflake (low)  → /snowflake.md
- note: Azure for Snowflake multi-cloud.
- [confirms] Yahoo Finance (EN, news, published 2025-12-01) https://finance.yahoo.com/news/snowflake-rides-strong-ai-demand-165200349.html: "Azure for Snowflake multi-cloud."

Reverse side: https://valuechain.wiki/microsoft/suppliers.md · Ripple: https://valuechain.wiki/microsoft/ripple.md

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Full node: https://valuechain.wiki/microsoft.md · JSON: https://valuechain.wiki/microsoft.json