The company also topped Wall Street expectations.

Executives say IT will deliver more than professional services.

A hot-button question lately in the rapidly-growing smartphone market: Can a company succeed at selling smartphones and tablets without owning the software and the hardware?

As Google+ grows in popularity--now with more than 20 million users--the new social network is triggering a number of questions with legal implications from businesses about potential policy changes, data retention issues and more, according to Joshua Kubicki, senior director of legal and corporate practices at Applied Discovery, an e-discovery provider that works with corporations preparing for and responding to legal actions.

Growth in data generation causing challenges and opportunities for enterprises.

The company's most popular product, Shell Control Box, an activity monitoring tool for privileged access, contributed with a 187 percent revenue growth.

Cisco Systems plans to eliminate jobs as it focuses in on core businesses such as routing and switching, the company's executives said on Wednesday after announcing an 11 percent decline in third-quarter profit.

Microsoft enjoyed strong income and revenue growth for its third fiscal quarter despite sluggish PC sales, with Xbox and Office doing well, the company reported Thursday.

Intel reported growth in revenue and income for the first quarter of 2011, driven by the addition of new products and strength in the enterprise market.

IBM on Tuesday reported quarterly sales growth across all its major divisions and raised its earnings outlook for the full year, the latest sign that business spending in the IT sector continues to recover.

Google reported solid growth in the first quarter, just as co-founder Larry Page prepares to usher in a new chapter in the company's history.

The storage software market recorded its fifth successive quarter of year-on-year growth at the end of 2010 with all five of the top-ranked players increasing sales during the quarter, according to estimates published on Monday.

Teradata said Thursday it plans to buy data warehousing and analtyics startup Aster Data Systems, continuing a run of consolidation in the market for technology that can process ever-growing amounts of "big data."

Gartner on Thursday lowered its growth forecast for worldwide PC shipments in 2011, joining a growing number of analysts who believe Apple's iPad 2 will bridge the remaining gap between laptops and tablets this year.

Lenovo, China's largest PC vendor, reported strong net profit growth in the third quarter as it increased market share in China and gauged brisk sales of laptops and smartphones.

Dell on Tuesday reported a 177 percent year-over-year increase in net income for its fourth fiscal quarter of 2011, driven by growth in enterprise server and PC sales.

Hoping to service the growing market for cloud computing systems, Oracle has packaged two file management software programs into a single integrated offering, called the Oracle Cloud File System, the company announced Monday.

IBM said Tuesday that net income for the fourth quarter ended Dec. 31 rose 9 percent to US$5.3 billion year over year, helped by strong performance in growth markets as well as software and mainframe sales. Revenue for the quarter was $29 billion, a 7 percent increase.

Microsoft said Wednesday that the next version of its Windows PC operating system will run on Arm processors, part of an effort to adapt Windows to the fast-growing market for tablet computers, where Apple and Google have gained traction.

An increasing number of contributions to the open-source Linux kernel are coming from mobile and embedded equipment vendors, according to an annual report about to be released by the Linux Foundation.