Oracle Fusion holds the key

Oracle has had a good second quarter, most of its costs are related to its acquistions, the number of subscribers for its software applications has risen by 36%. Income from subscriptions constitutes nearly half of the total sales. Subscriptions are a better deal than one-time purchases and the increase in number of subscribers implies that customers of PeopleSoft are continuing to work with Oracle.

However, Oracle will have to complete its Project Fusion satisfactorily as soon as possible if it is to continue to maintain the shareholder’s confidence, more so since its core database business has grown only 1% and 5% in the first and second quarters, respectively. crm-daily.com says:

“It’s going to be a very challenging year for the company,” Rizzuto says, pointing to accelerating competition from German software colossus SAP AG.

Go to: Oracle’s Fusion Still Facing Hurdles