Microsoft Steps Up to Boost P&G’s Operational Efficiency
June 09 2022 - 12:13PM
TipRanks
Software giant Microsoft Corporation (NASDAQ: MSFT) recently
revealed that it will help The Procter & Gamble Company
(NYSE: PG) in boosting its digital manufacturing capabilities.
Shares of Microsoft declined marginally to close at $270.11 in
Wednesday's extended trading session. The partnership will leverage
the power of Microsoft Azure to digitize and integrate data from
more than 100 P&G manufacturing sites around the world. This
will allow P&G employees to take faster decisions and ensure
supply chain improvements. Moreover, from a sustainability
perspective, the partnership will involve the use of
Microsoft's machine learning and data storage platforms to
improve energy utilization.
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