Amazon Web Services is a subsidiary of Amazon that provides on-demand cloud computing platforms to individuals, companies and governments, on a metered pay-as-you-go basis.
The solution uses deep learning models to understand natural language queries and document content.
“There’s a lot of cost in the short run” from expanding the free one-day delivery program, CFO Brian Olsavsky says.
The company "has entered a new era with comparatively sluggish sales growth, but a consistently profitable business.”
The need to decide what funding requests to prioritize and how much to invest puts finance chiefs squarely in the middle of digital transformation efforts.
“The question for investors now is if Amazon can grow profits fast enough to make up for slowing revenue growth."
The big data storage provider still sells mostly hardware but positions itself as a key player in a "hybrid cloud" world.
Companies are moving more of their IT needs to the cloud, and Juniper is moving right along with them. For now, that means lower revenue.
As a result of the deal, the software company, maker of Quickbooks, will incur an operating loss of as much as $85 million.
The ACLU says Amazon's Rekognition technology could be used by law enforcement to identify and monitor political protestors.
Amazon exerts both good and bad effects on society and business, but the net result is decidedly negative, an ex-CFO says.
Say goodbye to over-provisioning and depreciating technology assets.
CFO Brian Olsavsky defends the company's heavy spending, saying "We are continuing to invest in businesses that ... can last for decades."
