Zuora CEO Lauds Lack of Innovation From Rivals Oracle, SAP

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Ten-year-old Zuora Inc. names Oracle Corp. and SAP SE among its competitors. But to Chief Executive Officer Tien Tzuo, these software giants couldn’t be better rivals.

“It’s hard for us to ask for a better competitor, they’re just not innovating, they’re buckling under their own weight,” Tzuo said Thursday in an interview at the company’s second-annual Subscribed conference in New York.