Oracle Corporation (NYSE:ORCL)’s Offerings Are Deeper Than Its Competitor SAP
Oracle Corporation (NYSE:ORCL)’s Oracle OpenWord once again sought to remind the world why the technology vendor is different from the competition. Does that mean that Oracle has a smooth road to travel to the future than say SAP SE (ADR) (NYSE:SAP)? Perhaps you be the judge on that. But here are some takeaways from Oracle OpenWorld.
Oracle Corporation (NYSE:ORCL)’s representatives tried to make a case for a company that is clear about its future. Among other things, Oracle wants to be a 21st century technology vendor. That means that the company is not only seeking visibility on the front row of technology providers, but is also busy building or upgrading its product portfolio to boost its competitive edge.
Overstepping the boundary
Although Oracle may have long been known as a machines and database vendor, the company is trying to do more and it is not afraid to overstep that boundary. Still, Oracle is not trying to be another Microsoft Corporation (NASDAQ:MSFT) in a different name. As such, the company is trying to strike a balance between remaining true to its core and also delivering what customers want.
Complete value chain
At the Oracle OpenWorld, the company insisted on its agenda to provide enterprises with the technology they need to power their value chain. Oracle’s offerings are both software and hardware, which is why it provides more comprehensive solutions than its rival SAP.
On its part, SAP is more interested in providing enterprises with software solutions to enable their value chain. Because SAP lacks on the hardware front, Oracle believes its offerings are deeper than the competition.
Staying the course to thwart competition
With its target set on becoming a more modern technology vendor, Oracle Corporation (NYSE:ORCL) is in the middle of transformation. The company is working on more solutions and building scale. At the end of the day, Oracle should be able to reinforce its position as the provider of the first and the last link chain for enterprises. Nevertheless, because SAP and other competitors are not resting on their laurels, Oracle must move fast to lock opportunities lest it be overtaken.
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