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Whilst the Data Export Service documentation states you can push data to two different Azure SQL DB's using two export profiles in a single instance, it does not state whether two D365 instances can push to a single Azure SQL DB. Is this possible?
I dont think this is possible. Logically speaking you may have different schema in different orgs and Data Export service will not be able to merge these different schemas onto a single Azure DB.
Hope this helps,
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