SAP Purchase Of SuccessFactors Means Oracle Rivalry Moves To Cloud - TITAN GS

Dec. 5, 2011 - PRLog -- Call it a win for the "cloud".  

SAP,  the world's biggest business software maker, is paying $ 3.4 billion to acquire SuccessFactors, a software company specializing in human resources tasks, stepping up the competition with arch-rival Oracle in the cloud-computing market.

It's a major move in the intense rivalry between SAP and Oracle, highlighting increased interest in technology companies that deliver software over the Internet, or in the  "cloud."

"The cloud is a core of SAP's future growth, and the combination of SuccessFactors' leadership team and technology with SAP will create a cloud powerhouse," Bill McDermott, an SAP co-CEO, said in a statement, according to the Associated Press.

With the move, SAP is clearly shedding their M&A shyness.  in the past, it was Oracle CEO Larry Ellison pursuing big-ticket acquisitions that have made his database software company a major player in many different realms of the business software world.

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TITAN GS is a leader in providing turnkey global outsourcing solutions for Finance, HR, and IT built on the Oracle Enterprise Resource Planning (ERP) & Enterprise Performance Management (EPM) software platforms.  TITAN is a pioneer in the Business Process-as-a-Service model, and was recently named a “Cool Vendor” by Gartner.

For more information, contact:

Doug Vinson
TITAN GS
Direct - (704) 357-7736
Email - dvinson@ttpartners.com

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