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Tech in Vancouver: A Timeline Infographic

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Part 1: The History of Tech in VancouverPart 2: Is Vancouver a Legitimate Tech Hub?Part 3: Future of Tech in Vancouver - Coming Aug 2014

Tech in Vancouver: History and Timeline

Part 1: The History of Tech in VancouverPart 2: Is Vancouver a Legitimate Tech Hub?Part 3: Future of Tech in Vancouver - Coming Aug 2014

Tech in Vancouver: History and Timeline

Recently, we asked ourselves the question: is Vancouver really a global tech hub or is that just the local spin?

In researching this, we came across an amazing wealth of information on the Vancouver tech scene and decided to turn it into a three part infographic series that covers the past, present, and future of tech in Vancouver.

To kick things off, we dug deep into Vancouver’s past to see how the industry emerged. It turns out that the birth of tech in The Rainy City stems from two main companies: MacDonald, Dettwiler and Associates and MPR Teltech. This Cantech Letter article does a great job documenting how they came on the scene and what the people behind these companies accomplished.

Over the last 40 years, Vancouver has had great homegrown stories in green energy (Ballard Power), video games (Distinctive Software), enterprise services (Crystal Decisions), space tech (MDA), social media collaboration (Hootsuite), quantum computing (D-Wave), and many other cutting edge areas. Because of that success, Vancouver was able to eventually attract the big boys to set up shop.

Now that we’ve established a timeline of Vancouver’s tech history, it is time to look at the present picture. That will be Part Two of the series, coming soon.

To keep posted on the next two parts of the series, subscribe to our e-mail publication or connect with us on social media: Twitter, Facebook, LinkedIn, Google+. If you’re feeling particularly generous, you can also tip us with bitcoin: 1HBy6xYNyexLDndowzs1mxMbviuWo9bxRv

Note: All job titles and names used in this graphic are for illustrative purposes and are not meant to correspond to actual people. We wanted to give an idea of what jobs during each era might be like, but without invading anyone’s privacy. Therefore, we used fictional names/titles.

Special thanks to the people who helped us build this infographic: The Visual Capitalist team and also Connie Chen who volunteered time to help us put together facts.

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Visualizing Microsoft’s Revenue, by Product Line

This graphic breaks down Microsoft’s revenue by segment—from cloud office software to AI search engine capabilities in 2023.

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Visualizing Microsoft’s Revenue, by Product Line

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Over the last decade, Microsoft’s revenue has more than doubled, driven by key product lines like its intelligent cloud infrastructure.

Adding to this, Microsoft launched its AI-enabled search engine, Copilot last year, which has already generated $12 billion for the company. Beyond this search engine, Microsoft is developing a range of AI-based services, such as Azure Arc, a cloud computing platform with 18,000 customers.

This graphic breaks down Microsoft’s revenue in 2023, based on data from Affinity powered by Syntax.

Microsoft’s Most Lucrative Business Segments

In 2023, Microsoft revenues soared to a record $211 billion as demand for AI services accelerated.

As one of the world’s largest companies by market cap, Microsoft reached a $2.8 trillion valuation as investors flocked to big tech and AI-related stocks last year. Amid strong growth, here’s how much revenue was generated from Microsoft’s product lines in 2023:

Product LIneFY2023 Revenue Share of Revenue
Cloud Computing Services$80B38%
Cloud Office Suite Software$49B23%
Operating Systems$22B10%
Gaming Consoles$15B7%
Employment Listing Platform$15B7%
AI-Enabled Search Engine$12B6%
Other$19B9%
Total Revenue$211B100%

Comprising 38% of total revenues in 2023, Microsoft’s cloud computing services segment earns more than any other by a long shot.

These intelligent cloud services provide the servers, storage, and data centers that enable businesses to run websites and other computing services without the need for buying individual hardware and software.

The second-highest revenue driver was cloud office suite software, with sales of Microsoft 365 bringing in $49 billion in revenue.

Meanwhile, Microsoft’s gaming consoles segment pulled in $15 billion in one of its best years ever. In 2023, the company acquired Activision Blizzard for $68.7 billion, known for World of Warcraft and Call of Duty. It was the company’s biggest acquisition in its history.

Falling after gaming revenues is Copilot, its AI-enabled search engine, making up 6% of 2023 revenues. This productivity tool can be embedded into Microsoft 365, allowing companies to use natural language prompts to gain data on their company, summarize insights from meetings, and a host of other functions.

As AI-related services continue to gain momentum, it remains to be seen whether Microsft’s revenue will continue to see strong growth. So far, investor optimism has remained elevated.

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