Tuesday, July 25, 2006
SAP defiant despite revenue shortfall - ZDNet UK News
SAP defiant despite revenue shortfall - ZDNet UK News: "Doubts remain over how well SAP will stand up to the threat of Oracle, which recently added Siebel to its collection of CRM vendors.
'They should be able to reach their targets for the next two quarters if they can keep up momentum, but it won't be an easy task,' Gunnar Knierim, a fund manager at Pioneer Investments in Munich, told Bloomberg.
SAP is also facing up to the threat posed by Salesforce.com, which has pioneered the on-demand CRM application. Earlier this year, SAP launched its own hosted CRM package, which Kagermann cited as one of SAP's highlights of the year to date."
'They should be able to reach their targets for the next two quarters if they can keep up momentum, but it won't be an easy task,' Gunnar Knierim, a fund manager at Pioneer Investments in Munich, told Bloomberg.
SAP is also facing up to the threat posed by Salesforce.com, which has pioneered the on-demand CRM application. Earlier this year, SAP launched its own hosted CRM package, which Kagermann cited as one of SAP's highlights of the year to date."
