Microsoft develops software and cloud infrastructure used by most of the world's businesses. Its product family spans Windows, the Microsoft 365 productivity suite, the Azure cloud platform, LinkedIn, GitHub and the Xbox gaming division. Subscriptions and long-term enterprise agreements give the company an unusually large base of recurring revenue. Founded in 1975, Microsoft made the transition from selling boxed software to renting computing power and tools at global scale, and Azure competes with Amazon Web Services and Google Cloud for enterprise workloads.