Offering regional and national programs, CIO (and CSO) events bring together some of the most respected names and thought leaders in information technology and security. Presented by CIOs and other senior level executives, these invitation-only programs offer timely topics and strong networking. Learn More »
Social Responsibility's Strategic Benefits
December 15, 11:30 AM - 12:30 PM US/Eastern (GMT-5)
Join Ed Granger-Happ, CIO of Save the Children, for a discussion of how creating an organization that is socially responsible improves staffing, retention, leadership development and overall corporate health.
Working With and Communicating to Your Board of Directors
January 13, 2009, 4:00 PM - 5:00 PM US/Eastern (GMT-5)
CIO panelists who will share tips and experiences working with their boards: Twila Day of SYSCO; Jeff O'Hare, West Corp.; Marc West, formerly with H&R Block.
IT's Role in Growing Mid-Market Companies
January 14, 4:00 PM - 5:00 PM ET (GMT-5)
Mid-market Council members will share their companies' stories and challenges in driving or coping with growth. Panelists represent Veterinary Pet Insurance, Medicis Pharmaceutical, and Intrax Cultural Exchange.
Learn more about the CIO Executive Council »
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May 30, 2006 — CIO —
SAP Chief Executive Officer Henning Kagermann said Monday that the company intends to remain independent and sees no reason to grow through acquisitions as its closest rival, Oracle, has done.
Merger rumors swirled after SAP cofounder and supervisory board member Hasso Plattner said earlier this month that only three companies were capable of buying the German business software market: IBM, Microsoft and Google.
"We are independent and we are pretty strong, so there’s no reason why we should not continue," Kagermann said ahead of the company’s European Sapphire customer event in Paris, according to published reports. His comments were confirmed by company spokesman Tony Roddam.
To expand into the market for business software, database maker Oracle has made a string of acquisitions, including JD Edwards, PeopleSoft and, most recently, Siebel Systems. The company is working on a new product, Fusion, which aims to unite the products from its takeovers.
Kagermann has said repeatedly that SAP will make smaller acquisitions to fill gaps in its product portfolio, but has no intention of buying market share through any large company purchases.
That policy, however, could be put to the test in China and India, where SAP aims to establish a stronger position.
At the company’s Sapphire event in Orlando earlier this month, Plattner and Leo Apotheker, SAP board member and president of customer solutions and operations, signaled their growing concern about Chinese rivals and their interest in expanding in this crucial Asian market.
Sapphire Paris runs through Thursday.
-John Blau, IDG News Service
For related news coverage, read SAP Reaches Out to Chinese, Brazilian Users, Whirlpool Whirls into Web Services and Q&A: SAP Looks to Replicate U.S. Success.
Check out our CIO News Alerts and Tech Informer pages for more updated news coverage.
© 2008 CXO Media Inc.
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