Amazon Web Services, with $890 million in operating income, accounted for most of the company's overall profit and its sales rose 43% to $3.7 billion.
Digitization is forcing finance chiefs to shed some old habits.
Investors express their impatience with the pace of IBM's turnaround effort by sending its shares down nearly 5% to $161.84.
In areas from cyber defense to tax compliance to database management, these 20 companies are changing how businesses operate.
"Our pivot to the cloud is now clearly in full swing," Oracle co-CEO Safra Catz says.
Through the acquisition of Nimble Storage, "we’ll have a comprehensive, best-in-class [flash] portfolio across the full range of the market."
Since data breaches suggest weak controls, CFOs need to improve their grasp of technology controls.
Zeta Global, a tiny fraction of its larger competitors' size, encounters challenges and opportunities in its quest to go public.
The $2.5 billion deal provides capital for Infor as it seeks to compete more effectively with larger enterprise software providers.
CFOs must ensure their companies are prepared to thwart ransomware attacks and protect the organization's reputation.