Fitz and Starts: AI & Enterprise Software Weekly - Copilot Cowork, FIG Config

研报英文原文证据摘录

Fitz and Starts: AI & Enterprise Software Weekly - Copilot Cowork, FIG Config

0% of the GLBE 32.84

Fortune 500. MSFT highlighted the tool's differentiation as: 1) Work IQ allows Copilot GTM 2.81

Cowork leverage data in existing MSFT data repositories to deliver more context specific HUBS 176.03

answers, 2) enterprise-grade security, and 3) a multi-model approach that helps drive KVYO 13.25

lower costs. In fact, the PR emphasizes that the cost per prompt for Copilot Cowork was MNDY 71.53

30%-40% lower than Claude Cowork with their Microsoft 365 Connector. MSFT 379.40

NOW 95.04

Thoughts. MSFT investor debates at the app layer have centered on the ◦Our ORCL 184.29

view that Copilot lags the native capabilities of the frontier model providers. While SAP GR 133.88

Microsoft is investing heavily in Copilot and Copilot Cowork, we think there is TOST 24.66

validity to questions around growing competition between MSFT and Anthropic, our TTAN 64.23

consistent view is that MSFT's multi-model approach and ability to provide security/ VERX 11.12

governance around AI workflows drive differentiation. MSFT also announced that WDAY 116.93

their new model, Cowork 1, will be released in the coming weeks, serving as a very INDUSTRY RISKS specific, cost-effective model that helps drive costs savings for customers.

Macro and geopolitical concerns may remain

• Microsoft Reportedly Considering DeepSeek for Copilot and Usage-based Pricing an overhang to the broader cloud sector. AI- driven seat growth headwinds and vibe coding

for Copilot Cowork. Several reports in the last week suggested Microsoft is moving disintermediation concerns could weigh on

Copilot Cowork to usage-based pricing and that the firm is considering a Microsoft- application software multiples.