The Haves and Have-Nots of the ERP Software Industry
Several enterprise resource planning (ERP) software companies have already put the great recession behind them, regained their footing and are posting respectable growth. However, much like the macro economy, the distance between the “haves” and the “have-nots” continues to widen. Oracle (NASDAQ: ORCL) started off the earnings seasons in December when they announced a very strong November quarter. Revenue for the quarter totaled $8.6 billion, up 47% from the prior year. Though it should be noted that approximately $1.8 billion of that growth came from the Sun Microsystems acquisition. But even without the acquisition, applications license revenues were up 21%…