The company's autonomous database and ERP products will “determine Oracle's future in the cloud,” CTO Larry Ellison says.
CFO Robynne Sisco cautioned that the Scout RFP acquisition and new products launching next year would have a delayed impact on its results.
“Despite continued macro uncertainties we couldn't be more confident” that 2019 will be “another stellar year” for SAP, CFO Luka Mucic says.
“We believe we are defining a new category called the Security Cloud," the company says in its prospectus.
The deal includes the Lotus Notes, Domino, and Portal products that were at one time major contributors to IBM's enterprise business.
The $8 billion deal "reaffirms experience management as the groundbreaking new frontier for the technology industry,” SAP's CEO says.
Qualtrics says its "experience management" solutions represent a “vast, rapidly growing, and underpenetrated market opportunity.”
Cloud subscriptions and support revenue rose 39% in Q3 but SAP is experiencing some customer resistance to its shift to the cloud.
While tech stocks crashed this week, Anaplan "is riding a longer-term wave that's seen cloud companies hit the public markets with fanfare."
With the acquisition, "Adobe is sending out a $5 billion signal that it is not just an also-ran" in the marketing technology space.
The company is betting its “connected planning” concept will make it as attractive to investors as other enterprise software offerings have been lately.
The search software company is going public as the addressable market for Elasticsearch and similar tools has reached $45 billion.
