"Survive or Thrive? How Will You Modernize Your Business?"

Cloud computing is spurring "a shift in complexity from companies to the R&D of the industry, and an acceleration of features and innovation," Oracle Corporation Chief Executive Officer Mark V. Hurd told a packed Boston College Chief Executives Club luncheon April 22 at the Boston Harbor Hotel. With the IT industry poised to spend some $100 billion on R&D, Hurd said, Oracle’s mission is to help companies manage the transition. State Street Corporation Chairman and Chief Executive Officer Joseph L. Hooley introduced Hurd.