Amazon Web Services

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.

Amazon Profit Doubles to Record $3.6B in Q1

The company "has entered a new era with comparatively sluggish sales growth, but a consistently profitable business.”

The CFO’s Crucial Role in Digital Transformation

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.

Amazon Posts Record Earnings But Stock Falls

“The question for investors now is if Amazon can grow profits fast enough to make up for slowing revenue growth."

NetApp Strives to Shed Hardware-only Image

The big data storage provider still sells mostly hardware but positions itself as a key player in a "hybrid cloud" world.

Juniper Networks Makes Less Money — On Purpose

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.

Intuit Is Selling Its Largest Data Center

As a result of the deal, the software company, maker of Quickbooks, will incur an operating loss of as much as $85 million.

Amazon Asked to Stop Selling Facial Recognition Tech to Governments

The ACLU says Amazon's Rekognition technology could be used by law enforcement to identify and monitor political protestors.

Consumer Favorite Destroys Businesses, Jobs

Amazon exerts both good and bad effects on society and business, but the net result is decidedly negative, an ex-CFO says.

The Cloud: A Better Expense Model

Say goodbye to over-provisioning and depreciating technology assets.

Amazon Sales Jump 25% But Profits Disappoint

CFO Brian Olsavsky defends the company's heavy spending, saying "We are continuing to invest in businesses that ... can last for decades."

Moving Up to the Public Cloud

Lured by cost savings, corporate IT is shifting from data centers and company-owned servers to the public cloud.

Amazon Shrugs Off Cloud-Computing Rivals

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.

1 2