SAP AG acquired Praxis, n CRM e-commerce company to target the SMB market. This move is not so different from Oracle's continued acquisition binge, except that SAP is much more careful about which vendors to pick up. There's no reason that SAP shouldn't have an appetite for acquisitions despite its commitment to organic growth. While Praxis doesn't give SAP anything for its on-demand solution, it does lend important functionality that SAP needs for its on-premise offering which SAP can eventually offer as hosted somewhere down the line.
The bottom line on this acqusition is that it is a smart one if SAP is serious about SMB...and it is. Business One needed better CRM functionality and now it has it. Certainly, integration with Praxis will be far easier than the hairy monster Oracle is dealing with right now. Small aquisitions, small wins, for small businesses.
No comments:
Post a Comment