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Microsoft’s Next Big Growth Opportunity Is Business App Development

(MSFT)’s offerings to empower nontechnical business users to create and customize applications will be a big growth opportunity for the technology giant, according to Evercore ISI. On Monday, Evercore ISI analyst Kirk Materne reiterated his Outperform rating for Microsoft stock, citing the potential of the company’s “Power Platform” offerings. The “Power Platform” includes four Microsoft products—Power BI, Power Apps, Power Automate and Power Virtual Agents. Read More...

(MSFT)’s offerings to empower nontechnical business users to create and customize applications will be a big growth opportunity for the technology giant, according to Evercore ISI. On Monday, Evercore ISI analyst Kirk Materne reiterated his Outperform rating for Microsoft stock, citing the potential of the company’s “Power Platform” offerings. The “Power Platform” includes four Microsoft products—Power BI, Power Apps, Power Automate and Power Virtual Agents.

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