Friday, October 20, 2006
ComputerPartner - Kagermann is cautious but optimistic about SAP growth
ComputerPartner - Kagermann is cautious but optimistic about SAP growth: "But nine months into the 2006 business year, Kagermann said the company, while within its guidance figures, is at the lower end and is 'less likely' to edge up by year's end.
At the start of the year, SAP forecasted 2006 software license revenue to increase between 15 percent and 17 percent.
Although Kagermann declined to provide guidance figures for 2007, he said he doesn't see any changes in the market that could slow down demand.
'Pricing remains tough but stable,' he said. 'We don't expect any changes -- for better or worse.'
Kagermann acknowledged Salesforce.com Inc. as a competitor with its on-demand applications but said SAP has countered with new on-demand offerings."
At the start of the year, SAP forecasted 2006 software license revenue to increase between 15 percent and 17 percent.
Although Kagermann declined to provide guidance figures for 2007, he said he doesn't see any changes in the market that could slow down demand.
'Pricing remains tough but stable,' he said. 'We don't expect any changes -- for better or worse.'
Kagermann acknowledged Salesforce.com Inc. as a competitor with its on-demand applications but said SAP has countered with new on-demand offerings."
