Bill McDermott will be replaced by two board members, effective immediately.
He joins the company from SAP, where he held financial and business development roles critical to the software maker’s cloud transformation.
"Trade-related uncertainty in Asia impacted our software revenue performance in the region," CFO Luka Mucic says.
This year, many or even most deals likely will be driven by a company's desire to accelerate its digital transformation.
Lead-generation firm Televerde puts purpose over profit by employing hundreds of incarcerated women to make sales calls and improve their lives.
The company said it expects continued growth as it emphasizes its cloud business.
The $8 billion deal "reaffirms experience management as the groundbreaking new frontier for the technology industry,” SAP's CEO says.
The ERP market is in great flux as 2018 winds down, positioning some ERPs in unaccustomed positions as market leaders.
Cloud subscriptions and support revenue rose 39% in Q3 but SAP is experiencing some customer resistance to its shift to the cloud.
With automation having replaced many low-level workers, the white-collared set is now worrying about their own fate. But should they be?
Stanley Black & Decker has doubled its size multiple times in its CFO's 20 years at the company. Doing it again requires a different, higher-tech approach.
“We grew faster than every ‘best-of-breed’ cloud [competitor] out there,” CEO Bill McDermott says.
