Seeking Alpha

Enterprise software stocks follow Oracle, Tibco lower

  • Oracle missed FQ4 estimates thanks in part to weaker-than-expected license growth that has stoked fresh cloud competition fears. FQ1 guidance is in-line.
  • Tibco, which has been dealing with competitive and execution issues for several quarters, posted FQ2 numbers that were slightly better than the outlook provided in a June 3 warning, but also issued weak FQ3 guidance.
  • Many enterprise software names are trading lower, including several cloud software firms and a few companies viewed as big data/analytics plays: VMW -1.3%. SPLK -1.9%. DATA -2.3%. INFA -1.6%. MKTO -3.8%. JIVE -2.5%. CSLT -4.1%. BSFT -3.3%.
  • Workday (WDAY -2.2%) is also among the decliners. Larry Ellison again went out of his way to take shots at the cloud HR leader during Oracle's earnings CC (transcript). "We already have a huge lead over Workday in cloud ERP ... In HCM, we are dominating Workday in Europe, and beating them in dozens of core HCM deals here in North America." Workday will probably beg to differ on the specifics.
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Comments (4)
  • Rhinoish
    , contributor
    Comments (115) | Send Message
    This never gets old, I laugh everytime Oracle misses and the competitors that are beating them go down too.
    20 Jun 2014, 03:41 PM Reply Like
  • Dantes_Will
    , contributor
    Comments (379) | Send Message
    Honestly, the smaller, more focused players like Workday and Splunk are absolutely eating Oracle's lunch in the hyper growth cloud market. And Oracle isn't fooling anybody by re-classifying their old software customers as "cloud revenue" just simply because you bolt on one small cloud feature on top of your legacy software.


    The fact that Larry keeps trying to badmouth Workday while they keep stealing Oracle's customers is hilarious.
    21 Jun 2014, 01:46 PM Reply Like
  • awakeinwa
    , contributor
    Comments (344) | Send Message
    communization by cloud in full effect.
    20 Jun 2014, 10:08 PM Reply Like
  • Brian Sanders
    , contributor
    Comments (962) | Send Message
    Anyone here think a decent cloud hedge play would be to go short ORCL and long IBM?
    21 Jun 2014, 10:58 PM Reply Like
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