And he claimed that is just a matter of time before the enterprise software provider overtakes SAP to become the global market leader.
Conway said that Oracle was ‘overwhelmed with jealousy’ following PeopleSoft’s acquisition of rival software company JD Edwards.
He also said that SAP chief executive Henning Kagermann’s claim that SAP offers flexible and adaptable software was ‘not true’.
PeopleSoft will perform ‘disproportionately better’ than the rest of the economy, according to Conway, and the company is ‘constantly gaining market share’ on SAP.
He also stated that there are five key drivers for enterprise applications: flexibility and adaptability; gaining more intelligence from business process; reducing cost of owning and maintaining applications; new technologies and applications that do ‘never before thought of’ things; and reaching out to mid-size companies as potential customers.
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
Barclays has partnered with accounting software company Xero to provide businesses with access to transaction data through its direct feed.
Government's estimate of a £400m admin saving from Making Tax Digital is way off - and is instead a huge cost burden, warns Lamont Pridmore chief executive Graham Lamont
Xero unveiled its expanded global partner programme at Xerocon South, the accounting technology conference in Australasia