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(Fwd) Oracle's Savings Don't Add Up

From: Eric D. Pierce <PierceED_at_csus.edu>
Date: Fri, 09 Mar 2001 11:52:26 -0800
Message-ID: <F001.002C8930.20010309110554@fatcity.com>

TODAY'S NEWS

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Oracle's Savings Don't Add Up

Don't buy into Oracle's claims that it's saving billions of dollars by implementing its own e-business software. Much of the savings actually have come from cost-cutting measures that could have been achieved without the Internet, according to experts and an analysis of Oracle's financial
statements.

Oracle has achieved impressive savings--hundreds of millions of dollars, in fact--by re-engineering business processes around the Internet. But it looks like Oracle isn't going to slide in safely this year or next on the many more billions it has promised to save.--Mitch Wagner

So where's the money? Read on:
http://update.internetweek.com/cgi-bin4/flo?y=eCsd0BdpN70V30LbsD

Do you believe Oracle's claim that it's saving billions of dollars through the use of its own software and the Internet? Answer our Reader Poll: http://update.internetweek.com/cgi-bin4/flo?y=eCsd0BdpN70V30LbtE


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Author: Eric D. Pierce
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Received on Fri Mar 09 2001 - 13:52:26 CST

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