The American Conservatism, which is the leading conservative think tank, published a special report today titled The Business of Technology.
The article, written by former Microsoft executive Michael Sivak, was released just days before Microsoft is expected to announce plans to build a new research and development center for technology.
The report said the company is moving away from its traditional strategy of focusing on hardware and is increasingly focusing on software and services, including cloud computing, autonomous vehicles, augmented reality, AI, artificial intelligence, and healthcare.
“In the coming years, we expect to see companies invest in software and hardware more than in software alone, and software and software products will make up the lion’s share of their revenue,” the report stated.
“At the same time, companies are moving towards using their technology expertise and expertise to bring new services to customers.”
Microsoft CEO Satya Nadella is expected in Seattle on Thursday to announce that the company will build its first research and technology center, which will create 200 new jobs.
The report said Microsoft is also planning to build two research and innovation centers in San Francisco and San Jose, California, and a $400 million research center in Austin, Texas.
It also said Microsoft would add 200 more employees in Seattle and San Francisco over the next two years, and that the Seattle office would hire 150 new employees and the San Jose office would add 500 employees over the same period.
The new research center will create “about 100 new jobs, including 200 new IT and software engineers,” according to the report.
“Microsoft has also committed to investing $1 billion in the San Francisco campus over the coming decade to create the largest IT and data center in the world.”
The company is also building a $50 million data center at the University of California, Berkeley, and the University, California Institute of Technology, to build and run research and experimentation programs.
The company said it has already hired more than 1,000 employees in San Jose and is hiring more in San Fran.
The company said the data center will eventually house about 1,500 scientists, engineers, technicians, and data scientists.
“As technology evolves, it’s important for us to continue to be the leader in data and cloud computing,” Microsoft said in a statement.
“We are expanding our data center and building new technologies to meet customers’ needs.”
The report concluded by saying that companies are taking a “fearless approach to the transition to a new era of computing and are embracing the opportunities in the information age.”
“We have built the most advanced data centers in the country, and we are ready to harness the power of these technologies to drive innovation in our core business and serve customers,” Microsoft CEO Satyajit Iyer said in the statement.
“We are building the data centers to serve our customers and provide them the benefits of data and innovation, and our team is committed to making sure they do just that.”