News
Oracle touts several wins over SAP
Oracle says more than 500 companies have invested in it over SAP in the last 9 months.
According to Oracle's latest SEC filing, it posted license growth of 82 percent in the most recent quarter and 31 percent excluding acquisitions. In contrast, Oracle says, SAP reported 14 percent license growth in its latest filing with the SEC.
"The facts speak for themselves—Oracle is growing faster than SAP,” says Oracle President Charles Phillips. “We've reached an inflection point. The era of proprietary applications is closing, and Oracle is prepared and investing for the inevitable shift to open standards. The critical list of open standards for the software industry includes Web services, Java, Linux and XML."
Oracle also claims 2000 SAP R/3 customers have registered in it "OFF SAP" program, or Oracle Fusion for SAP. Under the "OFF SAP" program, customers receive a 100 percent license credit for the SAP licenses as they migrate to Oracle apps. The majority of SAP customers are running older releases that will no longer be supported beginning in December 2007, Oracle adds.