Microsoft rolls out a new cloud tool for analyzing business data

Microsoft Corp, Azure Synapse, Deutsch Bank, Unilever

Microsoft Corp announced a new service aimed at helping large businesses put to use the huge amounts of data stored in the corporate systems.

The Azure Synapse system is part of the company’s fast-growing cloud computing unit, which is driving the company’s shares up over the last five years. The tool is aimed to aid companies to build out systems that analyze and organize large amounts of data for better-informed business decisions.

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Businesses need different software tools to analyze data held in systems like customer databases versus newer systems like website monitoring tools, where clicks are recorded. The Synapse system automatically handles some tasks for building out a system to analyze data, reducing the work needed from computer programmers. Deutsch Bank and Unilever are among the customers testing the system.

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