Siebel is Client/Server software that Oracle just bought. Siebel was doing very poorly financially.
"Now, the same thing that happened to PeopleSoft will happen to Siebel, it will die."...see below.
"Oracle put Siebel investors out of their misery today. We have been doing that for Siebel customers for years. Client/Server software is being consolidated by Oracle just as mainframe software was consolidated by Computer Associates. Oracle's strategy is simple. Instead of innovating, buy as much installed software as possible, call it all Oracle Fusion, and make sure it all uses Oracle's database. Now, the same thing that happened to PeopleSoft will happen to Siebel, it will die. Customers will look for new solutions and new providers. Employees will look for new employers. Siebel OnDemand, a joint venture between Siebel and IBM, will be the first to be buried. Now, the opportunity to be the global leader in the CRM market has opened for Salesforce.com. Our dream is becoming a reality as the world will move to new on demand solutions. Already the fastest growing public CRM company in the world, with over 50% market share in on-demand CRM, Salesforce.com is well poised to become the world's new global CRM leader." --Marc Benioff CEO of Salesforce.com in a statement to employees.
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Last edited by David M; 10-16-2005 at 01:28 PM.