Oracle's CEO Mark Hurd Sets Goal to Own Half of Apps Market, Besting SAP
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Oracle Corp. Chief Executive Officer Mark Hurd set an ambitious target for his company to become the dominant player in web-based corporate applications.
“Today, there’s no one with more than 50 percent,” Hurd said Tuesday in an interview to air on Bloomberg Television. “In fact, the highest application percentage of any company in any segment is sort of mid-20s. This generation will see a leader that’s much more material than that, and I volunteer us to do it.” He declined to specify a timetable.