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With archrival Oracle (NYSE:ORCL) releasing its Fusion cloud apps and acquiring cloud CRM firm...

Nov. 03, 2011 3:03 PM ETOracle Corporation (ORCL) StockORCL, SAP, RNOWBy: Eric Jhonsa, SA News Editor1 Comment
With archrival Oracle (NYSE:ORCL) releasing its Fusion cloud apps and acquiring cloud CRM firm RightNow (NASDAQ:RNOW), SAP says it's forming a plan to expand its own offerings in the space. Though SAP has been gaining share against Oracle, its slow embrace of cloud software could prove a weakness: SAP's cloud business currently accounts for less than 1% of its annual revenue.

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