Friday, February 02, 2007
Investor's Business Daily: SAP Targets Midmarket For Growth
Investor's Business Daily: SAP Targets Midmarket For Growth: "IBD: Has your thinking changed about SAP's organic growth strategy vs. Oracle's acquisition approach?
Kagermann: We have said we'll focus mainly on organic growth, and that is the reason why we will invest, to build innovation ourselves.
If there are opportunities for smaller acquisitions, we'll consider them as in the past. But there will not be major ones. There is no change on that point.
IBD: How do you respond to investors concerned about threats to your market-leading position, both from Oracle and smaller firms such as Salesforce.com? (CRM)
Kagermann: That is not happening. We have a higher win rate than ever against Oracle in large accounts. And Salesforce offers something for sales force automation, but they're not comparable to what we're doing with a full suite (for business software). They are not in the same market compared to the depth and breadth of our products."
Kagermann: We have said we'll focus mainly on organic growth, and that is the reason why we will invest, to build innovation ourselves.
If there are opportunities for smaller acquisitions, we'll consider them as in the past. But there will not be major ones. There is no change on that point.
IBD: How do you respond to investors concerned about threats to your market-leading position, both from Oracle and smaller firms such as Salesforce.com? (CRM)
Kagermann: That is not happening. We have a higher win rate than ever against Oracle in large accounts. And Salesforce offers something for sales force automation, but they're not comparable to what we're doing with a full suite (for business software). They are not in the same market compared to the depth and breadth of our products."
