Top CEO Pay Goes to Oracle
Larry Ellison, CEO of Oracle, made the top headline of the Wall Street Journal today. He led the Journal’s list of top-paid CEOs of the decade. The Journal calculated that he received $1.84 billion in compensation during this timeframe. It was interesting to see who he beat: Steve Jobs (Apple - #4 with $748.8 million), Terry Semel (Yahoo - #8 $489.6 million), Michael Dell (Dell - #12 $453.8 million) and John Chambers (Cisco - #17 $393.2 million) . The article includes an analysis of the pay vs. performance of many of the companies on the list. Larry did alright by many of these measures.
SAP Earnings Up
The markets have been buoyed in the last week by earnings announcements. SAP’s announcements yesterday were noteworthy in that SAP’s software license, maintenance and cloud-based revenues were all up nicely. On balance, the cloud-based revenues are up over a small base number. Services were flat. For more on this see TechMarketView's piece
Business ByDesign roll out to begin soon
The much delayed and anticipated rollout of SAP’s cloud-suite, Business ByDesign is scheduled to begin soon. More details on this to follow soon.
Complaint Filed Against SAP by EU
The Wall Street Journal also indicated that a SAP competitor filed a complaint against the company in June. I’m not sure how I missed this last month. But, if you’d like to read more about Versata’s complaint click here. The gist of this complaint appears to center around a pricing software module of SAP's and Versata's own solution.