SAP’s recently appointed co-CEOs say they are focusing on technological innovation as a way to get the company back on a path to revenue and profit growth, and they have no plans to try to imitate archrival Oracle by launching an expensive corporate buyout campaign. One major goal is to get updated versions of SAP’s Business ByDesign software-as-a-service suite into more customers’ hands on schedule.
– SAP
has no intention of getting into a merger-and-acquisition war with archrival Oracle
as a way of increasing revenue or expanding the company, SAP’s
new co-CEOs said on March 15.
In
their first meeting with the West Coast technology media, the two recently
appointed co-CEOs, Bill McDermott …