TechnologyAccounting SoftwarePeopleSoft slams main rivals

PeopleSoft slams main rivals

PeopleSoft CEO Craig Conway has attacked the enterprise software company's biggest rivals, Oracle and SAP, during his keynote speech at the PeopleSoft Leadership Summit, held today in Moorgate, London.

Link: PeopleSoft offered huge discounts in Oracle fight

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.

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