| By Maureen O'Gara | Article Rating: |
|
| May 11, 2009 10:30 AM EDT | Reads: |
2,479 |
Oracle is reportedly developing a line of seven new SaaS products to meet the online competition. Oracle CEO Larry Ellison, remember, has scoffed at SaaS as unprofitable although he owns a goodly piece of NetSuite. According to the Wall Street Journal, which claims to have read a company document and talked to unidentified sources saying so, the software would include the widgetry to run sales campaigns and keep track of employees and job applicants as well as a product aimed at the insurance industry. Reuters, which says Oracle has briefed some industry analysts, described the software as HR and CRM. It's unclear when Oracle will let its curlers down about the new software. SaaS revenues are supposed to grow from $8.8 billion last year to $12.4 billion this year according to IDC, and companies spending 25% of their budget on the stuff are supposed to hit 45% in 2010 in search of cost savings.
Published May 11, 2009 Reads 2,479
Copyright © 2009 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.
More Stories By Maureen O'Gara
Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025.
- GovIT Expo Highlights Cloud Computing
- Why SOA Needs Cloud Computing - Part 1
- Cloud Expo and the End of Tech Recession
- The Cloud Transition: What Does It Mean For You?
- Reality Check at the Cloud Computing Expo
- Top Ten Benefits of CRM
- Facebook, Twitter LinkedIn, Ulitzer, MeettheBoss - Execs Go Online Big-Time
- Virtualization Expo Call for Papers Deadline December 15
- IBM Sitting Pretty on Oracle-Sun Debacle
- Hubspan to Exhibit and Speak at Cloud Computing Conference & Expo
- The Cloud Has Cross-Border Ambitions
- Cloud Computing: A Security Analysis
- The Difference Between Web Hosting and Cloud Computing
- GovIT Expo Highlights Cloud Computing
- Cloud Computing Best Practices
- Why SOA Needs Cloud Computing - Part 1
- Oracle Trashes HP Relationship for Sun
- Cloud Expo and the End of Tech Recession
- Build Reliability into Cloud Computing for SMBs
- Perhaps SOA is More Strategy Than Architecture
- EC Wrong, Wrong, Wrong – and Sloppy to Boot: Intel
- The Cloud Transition: What Does It Mean For You?
- Five Reasons to Choose a Private Cloud
- Reality Check at the Cloud Computing Expo
- The Top 250 Players in the Cloud Computing Ecosystem
- An Introduction to Abbot
- Red Hat Named "Platinum Sponsor" of Virtualization Conference & Expo
- From the SYS-CON Archives: Sun Buys MySQL, Gets Oracle for an Enemy
- Oracle Buys BEA, Sun Buys MySQL: What's the Future for Developers?
- Oracle To Keynote Cloud Computing Expo
- Microsoft Will End Up Buying Yahoo Anyway
- HP Virtualization to Field Cloud Storage
- HP Goes with Mobile Thin Client
- HP May Accidentally Kill Black Duck & Palamida
- Parallels to Deliver Virtualization for HP Integrity Servers
- Cloud Computing Is for Capitalist Pigs - Raul Castro






































