Archives for: April 2009

Oracle's purchase of Sun to re-define IT industry

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Oracle Corp's purchase of Sun Microsystems Inc is expected to shake up the tech sector as it turns the software giant into a player in the hardware market and gives it new clout in software. The $7.1 billion deal, which Oracle reached after the collap… more »

Oracle and SAP alerted to potential impact of IBM-Sun discussions

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An acquisition of Sun Microsystems by IBM would change the course of Oracle and SAP's use of Java, analysts have warned.The Wall Street Journal reported on Wednesday that IBM and Sun are in discussions that would see Big Blue pay $6.5 billion to get Sun'… more »

Four in Five Banks Worldwide Have Attempted to Automate Financial Processes to Boost Data Quality, Says Economist Intelligence Unit Survey

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Financial processes are the essence of banking, so automating these processes is a key goal for banks struggling to increase both efficiency and data integrity, according to Mastering banking risk through embedded governance, risk and compliance, a surve… more »

SAP Creates Cash Flow Transparency for ICW Group Insurance Companies During Economic Crisis

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SAN DIEGO - April 08, 2009 - SAP AG (NYSE: SAP) today announced that ICW Group Insurance Companies is now operating the SAP® ERP Financials solution to drive enterprise-wide efficiencies on a single, integrated system laying the foundation for financial… more »

Netsuite Going After Oracle, SAP?

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Netsuite, backed by Larry Ellison, is reportedly trying to move into bigger companies, targeting SAP and Ellison's Oracle. NetSuite has developed programs targeted at large corporations, a person familiar with the strategy said, in an effort to move the… more »