Experts are anticipating that Oracle may have a wealthy growth next year and be hot on the tail of industry leader - SAP. Analysts
say primarily the boost is generated by acquisitions of companies such as Siebel Systems and PeopleSoft. Oracle has taken bold steps within the past decade, spending up to $20 billion for research and development of applications that assist businesses in every department. Furthermore, SAP's shares fell by 4% mid this year. With it's acquisitions paying off, the application market growing rapidly and will not be stopping anytime soon, it's rivals slowing down; most can definitely say it's a good day today and tomorrow for Oracle. Oracle Corp. will release it's final quarter reports next week but let's hope there is no slowdown in the global economy..
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