Tag Archives: orcl

Salesforce.com Price Target Cut On Revenue Headwinds

Salesforce.com (CRM) investors received a note of caution Thursday, as an analyst cut his price target on Salesforce stock just three days after the company launched its first data analytics visualization software product, which is designed to take on rivals including Tableau Software (DATA) and Oracle (ORCL) in the fast-growing data analytics market. The product, called Wave, was the subject of the keynote by Salesforce CEO Marc Benioff at the…

Salesforce Takes On Tableau, Oracle In Analytics

Analyze this: Salesforce.com is challenging Tableau Software, Oracle (ORCL) and others for a piece of the fast-growing, multibillion-dollar data analytics software market. Salesforce.com (CRM) plans to launch its first major data analytics software service on Monday. The enterprise software company intends to compete with rivals that already offer software to help companies analyze large amounts of data through easy-to-read charts and graphs. A

Oracle Earnings, CEO Change Don’t Inspire Confidence

Oracle’s lackluster first-quarter earnings and abrupt change in CEO, delivered after the market close Thursday, underscore the challenges that the company faces in transitioning its software business into the cloud to compete with smaller but fast-growing rivals such as Salesforce.com (CRM) and Workday. Workday (WDAY) last month reported better than expected Q2 earnings. Oracle (ORCL) stock was down more than 4.5% in early trading in the stock