02 Oct 2006
Showing its determination wage its war against SAP on all fronts, the database vendor today sent out a press release touting its customer wins against the German competitor.
In a press release, Oracle president Charles Phillips (pictured) boasted:
"Our most recent financial results indicate that Oracle is taking market share from SAP," Oracle president. Oracle Applications grew 80 percent in Q1, which is ten times SAP's 8 percent new license sales growth rate in their most recently completed quarter. Oracle's organic applications revenue growth was up 47 percent year-over-year. We believe our application strategy is working and anyway you measure it, Oracle's momentum against SAP continues to accelerate."
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