Re:SAP’s Sales Army Still Doesn’t Justify an $8B Deal
by mbesto on Tuesday November 13, 2018 @12:29PM
(#18442783)
I am VERY critical of SAP.
> In 2011 SAP bought Successfactors, for 3.4bn.
And their stock price has more than doubled. What's your point?
Re:SAP’s Sales Army Still Doesn’t Justify an $8B Deal
by jaxtellerSoA on Tuesday November 13, 2018 @02:01PM
(#18443738)
>As MSFT is raking in cloud revenue, every other enterprise player is nervous about looking outdated.
Too late, SAP looked outdated back in early 00's. I don't get why anyone still uses SAP, it performs like crap, is way, way, way more complex than needs to be, and costs a fortune.
Re:SAP’s Sales Army Still Doesn’t Justify an $8B Deal
by toomuchtodo on Tuesday November 13, 2018 @03:39PM
(#18444677)
> I don't get why anyone still uses SAP, it performs like crap, is way, way, way more complex than needs to be, and costs a fortune.
Because it is the least worst option for businesses who need what it offers.
Re:SAP’s Sales Army Still Doesn’t Justify an $8B Deal
by jaxtellerSoA on Tuesday November 13, 2018 @03:53PM
(#18444806)
>Because it is the least worst option for businesses who need what it offers.
And what is it offering exactly, relation database? Shit man, PostgeSQL, Maria DB, Firebird, etc.
SAP took 8bn to buy more cloud business, which is less money it will take to move ERP customers from on-prem to cloud.
As MSFT is raking in cloud revenue, every other enterprise player is nervous about looking outdated. ORA stopped reporting cloud numbers altogether.
For comparison, ORA bought NetSuite for 9.3bn USD in 2016. Since then they have told NetSuite customers their user licenses prices will be raised by 5%, every year, for the next 5 years.
Expect Qualtrics to pull similar stunts.