Microsoft has been focusing heavily on the cloud in recent times amid a slowdown in the global personal computer market and the company's mobile division.
But there is intense competition in the space with Amazon Web Services (AWS), the e-commerce giant's cloud business, and the likes of Google and IBM all challenging in the space.
While AWS and IBM are two of the big players in enterprise cloud, Google has yet to make a big bid in the space, but analysts expect that this could be a big driver of the search giant's future earnings. But Zander said that Microsoft and Google would operate in different sectors and would not be in direct competition.
"We're an enterprise company. We've spent 30 years building enterprise credibility. We see a significant amount of customers, they want to move to the cloud, they want a trusted partner to do that. And so, from that perspective we see really good uptake there," Zander told CNBC.
"I think from a Google perspective, they haven't been an enterprise company for that long, and so I don't see as much competition showing up in those sorts of spaces."