SAP Calls Oracle Exec Shuffle a Benefit
Updated · Sep 10, 2010
Bill McDermott, co-chief executive of SAP, an Oracle rival, says his company is ‘staying true to its core’ in software. As reported in this NY Times story, McDermott also said that Oracle’s executive-suite shuffling serves to underline the different paths the two companies are taking.
“The potential benefit to SAP, Mr. McDermott explains, is that Oracle’s executive-suite shuffling serves to underline the different paths the two companies are taking.
“In Mr. Hurd, Oracle is bringing in a top-shelf executive who knows computer hardware, both from his years at H.P. and at NCR before that. That strategic and operational know-how is crucial to Oracle, since it acquired Sun Microsystems earlier this year.
“Mr. McDermott called the Sun purchase ‘Oracle’s wild move into hardware.'”
Read the Full Story at NY Times