SAP reacted quickly and angrily to statements made by Oracle Chief Executive Officer Larry Ellison during his company’s quarterly results meeting Tuesday.Ellison’s statements about SAP’s product and acquisition strategy are “a complete misrepresentation,” said Bill Wohl, SAP’s vice president of product and solutions public relations, in a statement.Oracle’s CEO said his company’s Fusion middleware is “years ahead” of SAP’s rival NetWeaver product, and that “NetWeaver is still relatively new and still incomplete.” He also said, “SAP has delayed the next release of its applications until 2010,” and, “They’ll be two full years behind our Fusion release.” SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe Wohl said Oracle’s next-generation applications exist “only in PowerPoint” and won’t be delivered until 2008 or beyond. He called Oracle statements about both its own products and SAP’s “inconsistent and misleading.” He said Oracle made conflicting statements about Fusion’s development. “In January, Oracle claimed they were halfway to Fusion, and two weeks ago they said they were not even halfway done. Oracle needs to adopt one version of the truth, and be honest with the market on its actual progress.”-Steven Schwankert, IDG News Service (Beijing Bureau) Related Links: SAP, Cisco Ramp Up Partnership Oracle Intros Clinical Trial Data Collection Tool SAP Unveils GRC Products, Announces Cisco Collaboration Oracle Increases Stake in India’s I-Flex SAP Extends Relationship With CA Around IntroscopeCheck out our CIO News Alerts and Tech Informer pages for more updated news coverage. Related content opinion The changing face of cybersecurity threats in 2023 Cybersecurity has always been a cat-and-mouse game, but the mice keep getting bigger and are becoming increasingly harder to hunt. By Dipti Parmar Sep 29, 2023 8 mins Cybercrime Security brandpost Should finance organizations bank on Generative AI? Finance and banking organizations are looking at generative AI to support employees and customers across a range of text and numerically-based use cases. By Jay Limbasiya, Global AI, Analytics, & Data Management Business Development, Unstructured Data Solutions, Dell Technologies Sep 29, 2023 5 mins Artificial Intelligence brandpost Embrace the Generative AI revolution: a guide to integrating Generative AI into your operations The CTO of SAP shares his experiences and learnings to provide actionable insights on navigating the GenAI revolution. By Juergen Mueller Sep 29, 2023 4 mins Artificial Intelligence feature 10 most in-demand generative AI skills Gen AI is booming, and companies are scrambling to fill skills gaps by hiring freelancers to make the most of the technology. These are the 10 most sought-after generative AI skills on the market right now. By Sarah K. White Sep 29, 2023 8 mins Hiring Generative AI IT Skills Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe