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Microsoft Corporation (NASDAQ:MSFT) Buys VoloMetrix, Stays True to New Mission Statement

Microsoft (MSFT) Acquires VoloMetrix

Microsoft Corporation Inc. showed its new mission statement in June and recent news suggests that the mission statement is not just a statement – it’s a map for the firm’s corporate direction. Breaking news has it that Microsoft has acquired VoloMerix, a startup that helps firms better manage employee time at work.

The deal, which was announced yesterday, holds that VoloMetrix (founded almost 5 years ago) will be merged into Microsoft’s Delve app. Delve is an Office app that gives you data-driven facts about your life and work. Rajesh Jha, VP, Outlook and Office 365 says Delve is” similar to how fitness trackers help us understand our health in our personal lives, innovative new solutions are emerging to objectively measure and prioritize our time at work.

Microsoft is on a mission

In June, Microsoft ditched its long and fluffy mission statement with a simple one. The firm’s new mission statement is “to empower every person and every organization on the planet to achieve more.” This mission of giving firms the power to do more is the real reason behind the move to buy VoloMetrix.

Ryan Fuller, CEO and Co-founder of the startup said, “Microsoft has a huge vision to reinvent productivity and a set of assets in Office 365 that are key to how work gets done. By joining them we will be able to continue to pursue our shared mission and have impact at a global scale”.

Delve is a key tool within Office that sets Microsoft firmly on its mission of helping people achieve more in their lives. The firm says, “Delve helps you discover the information that’s likely to be most interesting to you right now – across Office 365”. Delve is still in infancy, but the prospects of the app are huge as people turn to data to make smart decisions. Delve helps you know the tasks that take most of your time, when you do most of your work, and it can even tell you if you have the right set of contacts.

Microsoft is alive

Microsoft was almost overrun in the tech space by Google, Facebook and Apple. Yahoo is an example of how easy it is to be sent to the background in the tech space if you don’t change, grow and maintain your lead fast enough. The arrival of Satya Nadella has brought life to the firm and Microsoft is once again creating the buzz needed to survive in the tech industry. Windows 10 is holding its head high, Surface Pro is thrashing iPads, and the firm is pushing the frontiers of software-as-a-service.

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Adam Green is an experienced writer and fintech enthusiast. He he worked with LearnBonds.com since 2019 and covers a range of areas including: personal finance, savings, bonds and taxes.

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