PC World - Mar 01, 2010Oracle Corporation (ORCL)
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Ray Wang
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Altimeter GroupOver the next several years, the project will replace many of 3M's legacy applications, according to a statement. Some of those are almost certainly
Oracle, as 3M is a long time PeopleSoft shop. A 3M spokeswoman didn't immediately respond to requests for additional comment. In a prepared statement, 3M CIO Ernie Park said the project will help the company unify its core business processes around the world.
SAP would not reveal the price tag on the pact, but it is likely worth up to US$35 million in license revenue alone, with that figure assuming a substantial discount off list price, said Altimeter Group analyst Ray Wang, a veteran software contract negotiator.
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Over the next several years, the project will replace many of 3M's legacy applications, according to a statement. Some of those are almost certainly <span class="company">Oracle</span>, as 3M is a long time PeopleSoft shop. A 3M spokeswoman didn't immediately respond to requests for additional comment. In a prepared statement, 3M CIO Ernie Park said the project will help the company unify its core business processes around the world.<span class="sent"> SAP would not reveal the price tag on the pact, but it is likely worth up to US$35 million in license revenue alone, with that figure assuming a substantial discount off list price, said Altimeter Group analyst <span class="analyst">Ray Wang</span>, a veteran software contract negotiator.</span>
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