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business transformation

Amazon’s Finance Teams Unleash AI for Complex Tasks – Transforming Corporate Finance

Amazon’s Finance Teams Unleash AI for Complex Tasks – Transforming Corporate Finance

In summary, Amazon’s bold embrace of AI in its finance function illustrates a watershed moment for corporate finance at large. Generative AI is rapidly moving from an experimental tool to a core part of how finance teams operate, enabling analysis and decision support at a speed and scale previously unimaginable. While early automation mostly took the drudgery out of accounting, today’s AI is tackling judgment-intensive tasks like interpreting complex regulations, explaining business drivers, and even drafting strategy documents. This has the potential to elevate the role of finance – shifting professionals toward more strategic, analytical work – but it also
Oracle’s ‘Truly Awesome’ AI Cloud Quarter Sends Stock Soaring 36%, Making Ellison World’s Richest

From Legacy to AI Leviathan: Inside Oracle’s Unlikely Run

Oracle’s Q1 FY2025: Cloud Growth Sets the Stage for an AI Leap Oracle’s transformation from enterprise software stalwart to cloud contender began to show tangible results in fiscal Q1 2025. In that quarter (ended August 2024), Oracle reported $13.3 billion in revenue, up 7% year-on-year, fueled by strong cloud uptake stocktitan.net. Cloud services revenue grew 21% to $5.6 billion stocktitan.net, with Oracle’s Infrastructure-as-a-Service (OCI) business up 45% and its Fusion and NetSuite cloud applications each growing ~16–20% stocktitan.net. Perhaps most telling, Oracle’s remaining performance obligations – essentially its contracted backlog – reached $99 billion, up 53% from the prior year stocktitan.net. This was
Blockchain Revolution: How the ‘Trust Machine’ Is Transforming Business by 2025

Blockchain Revolution: How the ‘Trust Machine’ Is Transforming Business by 2025

Blockchain is a distributed, append-only ledger where each transaction is grouped into a block cryptographically linked to the previous one, making the system tamper-resistant. Smart contracts on platforms like Ethereum are self-executing code that enforces agreements when conditions are met, operating with no downtime, censorship, or fraud. Walmart and IBM demonstrated a blockchain-based food-traceability system in which tracing a batch of mangoes took 6 days 18 hours with traditional methods but 2.2 seconds on the blockchain. In 2023, JPMorgan, HSBC, and BlackRock announced deepened involvement in blockchain projects, signaling major financial institutions’ adoption. Forecasts suggest that by 2027 as much
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