SAP CEO Boasts 'We're Better than Everyone Else'
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Bill McDermott made one thing very clear in SAP’s third-quarter earnings call this morning: SAP is better than everyone else. Better than Oracle. Better than Salesforce. Better than Workday. Even better than Facebook, Ikea, Amazon, eBay and Alibaba. The CEO’s confidence is based on SAP’s progress in the cloud, which he said allows businesses run their entire production engines. Competitors merely offer "point solutions," he claimed. The Walldorf, Germany-based software giant saw cloud revenues climb 41 percent this quarter year-over-year, and its customer count in its business suite on HANA jumped from 450 to 1,450 this quarter in the same period. Never missing an opportunity to cite a competitor’s inferiority, McDermott said that’s "more than Workday’s total number of customers."
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