Sept. 20 (Bloomberg) -- SAP AG, under pressure from Oracle
Corp. to maintain its top position in the business-management
software market, said the U.S. company is ``misleading'' customers
with comments about SAP's product strategy and acquisitions.
Remarks from Chief Executive Officer Larry Ellison yesterday
``continue to be inconsistent and misleading,'' Walldorf, Germany-
based SAP said in a statement on PR Newswire. It's the first time
SAP has directly responded to Oracle's comments on earnings.
Redwood City, California-based Oracle spent almost $20
billion in two years to peel away at SAP's dominance. The German
company, the biggest producer of software for functions such as
billing and human resources, said in July software sales in the
second quarter missed expectations and conceded it lost market
share to Oracle and Microsoft Corp.
Funny how things come full circle. The first "startup" I went to was a little payment processing company called Litle & Co. We sold the company to First USA Bank in 95 and I joined Tim and Tom at LitleNet (which didn't work out as well as the first). But now they're back and back on top, #1 in Inc 500. I hope they continue to succeed.
Published: June 19 2006 19:27 | Last updated: June 19 2006 19:27
and Siemens hailed their planned joint venture as creating the world’s
third-biggest supplier of network equipment to telecoms companies,
while analysts predicted more consolidation.
The move follows the
merger agreement in April between Alcatel, France’s telecoms equipment
maker, and Lucent, its US counterpart, to create the world’s biggest
network infrastructure supplier. Last October, Ericsson, Sweden’s
telecoms equipment maker, bought most of Marconi of the UK.
is the name of the game, therefore we believe it is the right move for
us,” said Klaus Kleinfeld, chief executive of Siemens.
telecoms carriers that are the network equipment manufacturers’ most
important customers have been leading the consolidation charge. In
March, AT&T, the US telephone company, announced plans to create
the world’s biggest telecoms group by buying BellSouth, its smaller
came Vonage's IPO, which was followed by a 30 percent tumble in the
price. Then Vonage threatened to sue customers who got cold feet on
buying into the IPO. Now the embattled VoIP provider faces a
class-action lawsuit charging customers were "crammed into the Vonage
IPO regardless of their suitability."
Investors were damaged by mistakes made by Vonage (Quote, Chart) and the IPO
underwriters, according to the lawsuit filed on Friday in a New
Jersey federal court. The lawsuit alleges a desperate Vonage and
underwriters, motivated by millions in fees, violated stock security rules.
OK, I've been extremely negligent in my posting and growing a business is not an excuse...I'm sorry.
Back to the story at hand. I just read that Exxon announced a Q1 $8.4Billion (with a "B") profit. Excessive, probably. Wrong, no way. I only dream of a day where I can run an 8 Billion dollar profit. Of course the public, the government hacks and the media are blowing this out of proportion. Now my car drinks the expensive stuff, 93 to be exact, so I complain just like the next guy, but if the government really wants to do something about the price consumers pay for gas, they should just repeal or lower the tax on gas, even for a month or two. The federal and state government make a bigger profit on a gallon of gas then the greedy oil companies.
Where I live for example (MN), I pay 38.4 Cents per gallon to the government in taxes (18.4 federal, 20 State). Who's greedy here, the government or the oil companies?
You can't force companies to lower prices, but couldn't the government lower the burden on their constituents by repealing the gas tax?
Of course, why would they? They've been sucking on that breast for to long to care.
You'd never think the mobile GPS market would heat up. However, the folks at Garmin are under the Soccer-mom assault from TomTom as I recently posted. Have you seen the dummied down commercials for the Garmin StreetPilot? Garmin is now taking an active role in attempting to attract that "gps for idiots" market. Garmin is not just for bass fishermen anymore. This should be interesting.
Not that it matters when you're the founder of a small company, but I'm pretty glad it's Friday. We've been really busy at Blu and are in the middle of building a demo of our new offering; so in fact the week isn't quite over. I'm sure I'll be hacking together some bits and pieces for another 10-15 hours this weekend. I need to be in a position to show this on Tuesday.
It's amazing how little you accomplish and how much was on your list in the first place. I just got through writing a "to-do" list (for Monday)and pinning it to my board. It's got 4 sections:
Calling list (prospective clients) 10 names
Demo's 2x next week
COMPLETE NEW PRESENTATION (I call it PowerPoint, but I actually use Keynote)
Updated content of the website...it's really out of date. (this one has been slipping for some time now).
I'm really tired...Maybe I'll take my son to a high school football game tonight.
I currently use AdWords and AdSense. For those that are uninitiated, AdWords you pay and AdSense you get paid (kind of). What I'm starting to figure out is that I still haven't figured it out. Needless to say, Google is making a ton of money and I must say that AdWords, although it hasn't paid off yet for my company is about as effective as direct mail.
There are 2 kinds of campaigns you can run with Adwords. The first consists of "pay per click". This is where you get charged a nominal fee every time someone clicks on your ad. Since Aug 31, 2005 I've had 14 individuals "click" on my ad based on the keywords I setup in my campaign. Those clicks came from 6,018 impressions (times my ad was displayed). It cost me roughly $0.40/click.
The second type of ad I ran was the "cost per 1000 impressions" ad. This is much more expensive to run, but can be targeted at specific sites, (fortune.com, etc.) based on your marketing requirements. I didn't run the ad as long, but ended up paying (for the test) about $38 to reach 6,400 impressions. 30 people clicked on the ad which cost over $1.25 per click. Cost per 1000 impressions was $5.90.
In essence, I dropped over 12k mail pieces for about $43 of which 44 people opened the piece and threw it in the trash. Not a good measure of success by any standards.
The questions I have are simple, yet complex moving forward.
Is it more effective to target an ad (cost/impression) or allow an ad to "appear" based on perceived need, i.e. topic on a blog, search engine, etc?
Are ads becoming the new "white noise" on the net? Where they already?
Does it make sense to continue any of the programs?
I know most of this requires some insight into what we do and our market, ad quality, etc., but I'm sure marketers and CEO's everywhere are struggling with this issue. The final question: Is anyone making money on Ads, specifically on blogs? For any average blogger the thought of making money off of advertising via AdSense is a pipe-dream, for me it's an experiment as a couple bucks a month don't equal revenue.