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Oracle rating cut, Jefferies cites challenges

Oracle rating cut, Jefferies cites challenges
Analyst cites threat from SAP and software-as-a-service trend

Shares of Oracle Corp. fell more than 2% Monday after a Jefferies & Co. analyst downgraded the business software company, pointing to the quickening shift to the so-called software-as-a-service trend as a looming competititive threat.

The stock moved back below the $30 mark after analyst Ross MacMillan cut h...
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SAP Lays Out Product Direction

SAP Lays Out Product Direction

SAP on Wednesday released details for its road map for HCM (human capital management) software following the US$3.4 billion acquisition of SuccessFactors, which focuses on cloud-based applications.

SuccessFactors is to be run as an independent subsidiary of SAP, with its CEO, Lars Dalgaard, continuing in that role as well as leading SAP's broader cloud strategy.

Now SuccessFactors' Employee Central product...
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SAP to Accelerate Cloud Strategy with Acquisition of SuccessFactors


SAP to Accelerate Cloud Strategy with Acquisition of SuccessFactors


Creates Global Cloud Leader with World-Class Applications, Technology and Expertise; Gains Immediate Scale and Momentum in Fast-Growing Cloud-based Human Capital Management Segment

SAP AG (NYSE: SAP) and SuccessFactors, Inc. (NYSE: SFSF) today announced that SAP's subsidiary, SAP America, Inc., has entered...
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The Cloud CRM Market: Microsoft, Salesforce, SAP, Oracle and More

The Cloud CRM Market: Microsoft, Salesforce, SAP, Oracle and More

The cloud CRM market is a crowded one, so we offer an overview of the biggest names in our cloud CRM buying guide.

Salesforce.com, Oracle, Microsoft, SAP and dozens of others are offering cloud CRM (customer relationship management) services. There are accusations and counter-charges of "false clouds" and "roach motels." One once famously dismissed cloud talk as so much "water v...
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Rimini Street Files Countersuit Against Oracle

Oracle on Monday was hit with a counterclaim by Rimini Street, the third-party software maintenance provider it sued in January over alleged intellectual property violations.
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SunGard Announces March 15, 2010 as Date for Release of Fourth Quarter and Full-Year 2009 Results

SunGard, one of the world’s leading software and IT services companies, announced today that it will release fourth quarter and year-end financial results on Monday, March 15, 2010.
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SAP CEO resigns unexpectedly, co-CEOs appointed

Chief Executive Leo Apotheker in a surprise move will step down with immediate effect amid customer dissatisfaction and what some analysts perceived as a lack of company strategy just seven months after taking over.
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SAP CEO resigns unexpectedly, co-CEOs appointed

Chief Executive Leo Apotheker in a surprise move will step down with immediate effect amid customer dissatisfaction and what some analysts perceived as a lack of company strategy just seven months after taking over.
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SAP Questions Gartner BI Magic Quadrant Ranking

The report on business intelligence platforms places SAP behind Oracle, Microsoft, IBM, SAS, and Microstrategy on ability to execute.
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B-Schools step up cost curbs, virtually

Premier B-schools in Bangalore have taken cost-cutting measures to the digital level, leveraging the use of technology with products from companies such as SunGard Higher Education, HCL, Oracle and SAP.