Tuesday, May 03, 2005
Oracle to gain control of CRM software market by Siebel purchase?
Having recently purchased Peoplesoft, Oblix and Retek it seems that Oracle has now set it’s sites on a new software company, namely Siebel.
A recent article by InternetNews.com suggests that Siebel may be the target of a potential take over by Oracle for an estimated amount of US$5 Billion. If this is true, Oracle would stand to take control of the CRM software market and strengthen it’s overall position in the ERP market against it’s fiercest competitor, SAP. By taking over Peoplesoft, Oracle has effectively increased it’s market share in the CRM software sector from 5 to 10%. If they manage to successfully purchase Siebel their market share in the CRM software sector would theoretically grow to 35% compared to SAP’s 15%.
I think taking over Siebel would be an excellent move by Oracle and I’m going to keep a watchful eye on development’s in this area. If the buy out does go ahead, hopefully it won’t be a long and protracted process, although I’m sure merging the various software components into the Oracle E-Business Suite will!!
Tags
Oracle, Applications, Blog, Oblix, Retek, Peoplesoft, CRM, Customer Relationship Management, Software, ERP, SAP, InternetNews, Siebel
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